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Showing 561 - 570 of 886 results for "FOS"

Super funds seeking low carbon mandates

DARREN SNYDER  |  WEDNESDAY, 7 SEP 2016

Inappropriate advice drives disputes

KERRIE SYDEE  |  TUESDAY, 6 SEP 2016
The Financial Ombudsman Service (FOS) received 34,095 disputes in 2015-16, a 7% increase on the previous year, according to the FOS 2015-16 annual review. Of the 20,298 disputes accepted 1,141 were investments and advice disputes (5%) and 1,095 were ...

Inflows and performance boost Australian Ethical profits

MARK SMITH  |  WEDNESDAY, 31 AUG 2016
Australian Ethical has extended its run of strong financial performance, raising net after tax profits 53% to $3 million in the 12 months to 30 June. The rise in profits was driven by net inflows of $319 million, up 78% on last year. Group funds under ...

Storm Financial investor slams court decision

ALEX BURKE  |  MONDAY, 29 AUG 2016
... she'd found in our favour, and all that was left was to determine the appropriate remedy. "Two days later, she disappears from FOS and we get allocated a new case manager who says they've found in favour of Westpac. That's a miscarriage of justice, and ...

LGS strengthens ethical commitment

KERRIE SYDEE  |  FRIDAY, 26 AUG 2016

Vision Super adds sustainability option to menu

MARK SMITH  |  TUESDAY, 23 AUG 2016
Vision Super has introduced a sustainable balanced investment option to its menu that invests only in companies considered sustainability leaders. The fund said its new, low-cost, low-carbon investment option has been created for members who want to ...

Social benefit bond returns for NGS Super

DARREN SNYDER  |  MONDAY, 22 AUG 2016
Industry fund NGS Super says an investment in Australia's first social benefit bond has rewarded members with both social and financial returns, aligning with the fund's environmental, social and ethical investment framework. The New Parent and Infant ...

Terms of reference released for complaints system review

KERRIE SYDEE  |  MONDAY, 8 AUG 2016
... consisting of Professor Ian Ramsay (chair), Julie Abramson and Alan Kirkland and will examine the Financial Ombudsman Service (FOS), the Superannuation Complaints Tribunal, and the Credit and Investments Ombudsman to ensure that they're working effectively ...

Japanese pension fund continues ESG commitment

DARREN SNYDER  |  MONDAY, 1 AUG 2016
Japan's Government Pension Investment Fund (GPIF) is planning to host about 20 of the world's largest asset owners for an ESG investment forum later this year. The Global Asset Owners' Forum will continue the fund's obligation to better understand responsible ...

EG partners with leading Japanese homebuilder

ALEX BURKE  |  TUESDAY, 5 JUL 2016
Real estate manager EG Funds Management has settled its second, $33 million joint venture with a leading Japanese homebuilder. Under the terms of the JV, Daiwa House Group, its Australian subsidiary Cosmos Australia and Sumitomo Forestry will acquire ...