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Showing 621 - 630 of 1868 results for "Authority"

ME Bank saga could impact super funds

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... customers, particularly in the current environment," a spokesperson for the bank said. The Australian Financial Complaints Authority is responding to the issue, having activated its significant event response plan on May 5 in preparation for an influx ...

Citi hires new investment banking head from Deutsche

KANIKA SOOD  |  MONDAY, 20 APR 2020
... a collective $2 billion in equity in past two weeks. It has also recently worked with TCorp, South Australia Finance Authority and Treasury Corporation of Victoria raise a collective $8.5 billion in debt capital markets.

Court restricts Mayfair advertising

ELIZA BAVIN  |  MONDAY, 20 APR 2020
... in the Mayfair 101 Group. Therefore, the Mayfair 101 Group is not regulated by the Australian Prudential Regulation Authority (APRA) and investment in its products is not covered by the Australian Government's Financial Claims Scheme (colloquially known ...

MLC Life executive joins AFCA

HARRISON WORLEY  |  FRIDAY, 17 APR 2020
... 2017 as chief claims officer before being appointed chief of customer operations in February 2019 will link with the authority in June. She is also the former chief executive of AIA New Zealand, and has previously worked as a lawyer for ASIC and Clayton ...

QSuper board takes AFCA decision to court

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... the Federal Court. QSuper member Tommy Lam last year successfully complained to the Australian Financial Complaints Authority (AFCA) that he was entitled to a refund on overpaid premiums for about two and a half years because he had been eligible for ...

AFCA extends complaints response time

ALLY SELBY  |  THURSDAY, 16 APR 2020
The Australian Financial Complaints Authority (AFCA) will provide a nine-day extension to consumers, small businesses and financial services firms to respond to complaints amid the COVID-19 crisis. The change comes into effect immediately and will apply ...

Westpac names new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
... the next two years. "I believe we need a chief executive in place now, not later, and with full, rather than acting authority," McFarlane said. "I have built a strong relationship with Peter since we first met. He understands the bank, its business and ...

AFCA updates approach amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 26 MAR 2020
The Australian Financial Complaints Authority will shift its dispute resolution approach, prioritising complaints that relate to COVID-19. The ombudsman said although COVID-19 complaints would be fast-tracked, the circumstances under which financial ...

FASEA exam to go online

HARRISON WORLEY  |  THURSDAY, 19 MAR 2020
The Financial Adviser Standards and Ethics Authority has cancelled the scheduled April adviser exam, with advisers set to take it online as the COVID-19 pandemic rolls on. FASEA has been forced to cancel its April face-to-face exams. Recognising the ...

UniSuper suspends stock lending

JAMIE WILLIAMSON  |  MONDAY, 16 MAR 2020
... are not privy to the thinking of other funds who lend their stock," he said. On Friday, the UK's Financial Conduct Authority temporarily prohibited short selling of certain Italian stocks in a bid to calm the market after Milan's stock market ...