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Showing 611 - 620 of 1144 results for "Notice"

NAB still unclear on true impact of misconduct

KANIKA SOOD  |  FRIDAY, 19 OCT 2018
... customers impacted to be "hundreds of thousands" but said for the "precise number", he would have to take the question on notice. "Does that mean a million?" Labor MP Matt Keogh asked. Thorburn indicated it wouldn't be that high. Thorburn also failed ...

ASIC to review FDS compliance

HARRISON WORLEY  |  TUESDAY, 16 OCT 2018
... provided next year. The corporate regulator added is was currently investigating substantial breaches of FDS and renewal notice obligations, and said it expected to take enforcement action.

ASIC appeal convicts former CBA planner

KARREN VERGARA  |  THURSDAY, 4 OCT 2018
... fined $3000 but was not convicted after pleading guilty to a rolled-up charge of forgery. The CDPP subsequently filed a notice of appeal against the sentence on the basis that it was "manifestly inadequate." In ordering a conviction, Judge Rosengren ...

Mainstream loses super fund contract

KANIKA SOOD  |  THURSDAY, 20 SEP 2018
... with Mainstream after it announced plans to merge with a larger super fund in July. Combined Super has filed a termination notice with Mainstream Group Holdings ahead of its intention to merge administration with Prime Super's incumbent service provider. ...

Life insurers admit to misconduct: Royal Commission

HARRISON WORLEY  |  MONDAY, 10 SEP 2018
This morning the Royal Commission heard about instances of misconduct in the life insurance industry and where conduct fell below community standards and expectations. Opening the sixth round of Royal Commission hearings, counsel assisting Rowena Orr ...

New code should apply to all: ABA

HARRISON WORLEY  |  FRIDAY, 7 SEP 2018
... "Particularly for small business, every lender, including building societies, credit unions and others, should give sufficient notice when loan conditions might change to help with future planning." "These common standards for customers could be achieved ...

Intra-fund advice conflicted: Royal Commission

KARREN VERGARA  |  THURSDAY, 16 AUG 2018
... transfer to the default and lower cost MySuper option. ASIC eventually identified the adviser's "pattern" and issued a notice to CFS in February of this year. Chun said he doesn't know where this currently stands with regulator. Only in July ...

CFS and a messy MySuper transition

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
... alleged CFS tried to scare the members into staying in their current fund. The fund did not give them the required 90 day notice prior to transition, nor sufficiently-detail information including disclosure on fees and trailing commissions in the letter ...

Royal Commission work impeded: Hayne

DARREN SNYDER  |  THURSDAY, 2 AUG 2018
Commissioner Kenneth Hayne has publicly recorded delays in accessing documents from IOOF ahead of the fifth round of the financial services Royal Commission, beginning August 6. In a ruling published yesterday, the Commissioner detailed that IOOF subsidiary ...

AMP claims director exits

KARREN VERGARA  |  MONDAY, 16 JUL 2018
... career to the merged entity. He told Financial Standard, he tendered his resignation in late 2017 and served out a six month notice period. In this time Wyatt assisted with the creation of a new sales structure, comprising three distinct teams that each ...