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Showing 631 - 640 of 893 results for "Failing"

CBA refunds $7.6 million to 8400 customers

DARREN SNYDER  |  MONDAY, 19 OCT 2015
The Commonwealth Bank (CBA) has started contacting more than 8000 customers to refund a total of $7.6 million after failing to apply fee waivers and ongoing benefits to its AgriAdvantage Plus package holders. The failure occurred over several years ...

BNP Paribas launches APAC philanthropy program

LAURA MILLAN  |  TUESDAY, 13 OCT 2015
... teenagers from five to 18 years old, who come from an underprivileged background, live with a specific handicap or are failing in their schooling. The initiative has expanded to 26 countries following the successful outcome of a pilot program run in ...

SPIVA report shows most active managers beaten by index again

MARK SMITH  |  FRIDAY, 2 OCT 2015
... only 13.73% beat the S&P/ASX Australian Fixed Interest Index over five years. A-REIT funds also fared badly with 92.75% failing over the last 12 months and 81.01% underperforming over five years. Asset-weighted average returns for the majority of fund ...

ASIC bans ex-Genesys adviser

ALEX BURKE  |  THURSDAY, 1 OCT 2015
... without a reasonable basis and "relied excessively on template statements of advice containing prepopulated information, failing to tailor them to the client's specific circumstances which led to false and misleading statements being made." "ASIC is ...

Financial services most at risk from disruption

MARK SMITH  |  THURSDAY, 24 SEP 2015
... to keep pace with change. "These figures highlight the power of customer behaviour and the challenge for industries in failing to adapt quickly. It also highlights that customers - particularly the millennial generation - are digitally savvy and embrace ...

China syndrome

BENJAMIN ONG  |  THURSDAY, 24 SEP 2015

Direct investment options are not SMSFs

DARREN SNYDER  |  FRIDAY, 18 SEP 2015
... the lack of diversification of members' investment portfolios. "This is something SMSFs are continually criticised for failing to have and is a fallacy with the vast majority of SMSFs," Slattery said.

ASIC bans former NAB-aligned adviser

ALEX BURKE  |  THURSDAY, 17 SEP 2015
... a range of misconduct, including: providing "inappropriate advice" (sometimes without issuing a statement of advice), failing to determine clients' relevant personal circumstances, copied and pasted client signatures on forms and arranged for implementation ...

ASIC seeks to wind up $18m manager

ALEX BURKE  |  WEDNESDAY, 16 SEP 2015
... schemes" - has reportedly "contravened its duties in relation to a number of the schemes." Areas of misconduct include failing to act in the best interests of scheme members, exercise the required degree of care and diligence and do "all things necessary" ...

Women fail to break into the industry's last boys club

LAURA MILLAN  |  TUESDAY, 8 SEP 2015
The Australian funds management industry is failing to attract female fund managers, even if research proves that gender diverse investment teams outperform those who are male-only. At a time when the financial services sector is pushing to increase ...