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Showing 41 - 50 of 123 results for %22financial abuse%22

NAB launches team for vulnerable customers

KRISTI CHENG  |  TUESDAY, 17 SEP 2019
... customers to community partners, we have been able to provide much needed assistance to those experiencing elder and financial abuse, mental illness and credit card debt," she said. At the request of customers, NAB has also applied restrictions on gambling ...

FEW recognises Thalia Stanley Group founder

KARREN VERGARA  |  MONDAY, 1 APR 2019
... work has shown me that financial literacy is proven to be a preventative solution to poverty, homelessness and financial abuse of women." Judith Beck, the founder and chief executive of FEW, said the speakers and panellist were chosen for their expertise ...

UBS fined $51m for reporting breaches

KARREN VERGARA  |  THURSDAY, 21 MAR 2019
... slapped with a £27.6 million ($51.1m) fine for breaching reporting rules stretching nearly a decade. UK regulator the Financial Conduct Authority found UBS did not provide complete and accurate information relating to about 87 million reportable transactions. ...

ABA moves to protect vulnerable customers

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAR 2019
... elder abuse hotline and an $18 million investment into services to support victims. Elder abuse can often include financial abuse and is likely to be a subject of the Royal Commission into Aged Care Quality and Safety. All stakeholder groups as well ...

Hayne report raises professionalism stakes

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
Financial advisers could face the same rigid license registration requirements as doctors and lawyers if the Royal Commission's recommendations on compliance and further education in the industry become law. Commissioner Kenneth Hayne is calling ...

Misconduct must end: Frydenberg

DARREN SNYDER  |  MONDAY, 4 FEB 2019
The banking, superannuation and financial services Royal Commission has made 76 recommendations to address industry misconduct and Treasurer Josh Frydenberg said the Federal Government will act on each of them. The Treasurer has put the blame of industry ...

Curtain call for industry body after 96 years

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... Centrelink, Age Pension eligibility, the National Disability Insurance Scheme, general healthcare, aged care and elder financial abuse. According to SCOA's 2018 annual report, the decline in membership substantially impacted its financial position ...

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
... Budget is projected to deliver a $4.1 billion surplus, up from the $2.2 billion estimate in this year's Budget. Financial services regulators have also received increased funding in the government's Mid-Year Economic and Fiscal Outlook (MYEFO). ...

New super fund to secure female financial security

JAMIE WILLIAMSON  |  MONDAY, 3 DEC 2018
... refuses to charge administration fees to members on parental leave. Verve Super is aiming to tackle an inequality in the financial system that sees women retire, on average, with 47% less than men in super savings. In doing so, it has partnered with ...

Government allows domestic violence victims early super access

HARRISON WORLEY  |  TUESDAY, 20 NOV 2018
... or former partner each week. "Women often escape a violent situation with limited assets and serious debt, as financial abuse is almost always present where there is family violence," Blakey said. "Superannuation is often the only remaining shared asset ...