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Showing 601 - 606 of 606 results for "MEC"

Macquarie expects strong increase in profits in its financial services group

Macquarie bank is on track with its retail financial services strategy and expects a strong increase in profits for its Financial Services Group (FSG) for the year ended 31 March 2004,. according to deputy managing director Richard Sheppard. "Following ...

ABA reports "pleasing" fall in banking ombudsman cases

The Australian Bankers' Association (ABA) has said it is pleased with the 13.3 per cent fall in the number of cases dealt with by the Banking Ombudsman, compared to last year. The fall was reported in the Banking and Financial Services Ombudsman (BFSO) ...

ACCC launches joint initiative to combat unscrupulous businesses

The Australian Competition and Consumer Commission (ACCC) and its Consumer Consultative Committee (CCC) have announced today that it would launch a joint initiative aimed at stepping up action against businesses that exploit vulnerable or disadvantaged ...

APRA warns super funds and life insurers on "legacy issues"

The Australian Prudential Regulation Authority (APRA) has emphasised the need for financial institutions - particularly life insurers and superannuation funds - to address "legacy issues" in their normal planning cycle, and also to develop strategies ...

Government acts on super system "designed to fail"

The Federal Government has outlined a new approach to the governance of superannuation funds in a bid to make them more accountable to members as 'choice of super' legislation remains stalled in the Senate, with no end to the deadlock in sight. "Accepting ...

ASIC moves to further ease PDS burden

The Australian Securities and Investments Commission (ASIC) has again acted to ease the burden felt by companies due to their legal obligation to keep Product Disclosure Statements (PDSs) up-to-date. Reacting to industry pressure, ASIC has issued a ...