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Showing 641 - 650 of 1883 results for "Authority"

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 ...

Westpac not evacuated, misinformation abounds

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
... impacted employees and any potentially affected floors are undergoing extensive cleaning which is in line with health authority guidelines during this time," the spokesperson said.

Lack of independence must be made clear: ASIC

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... is brought to the clients attention through a prominent disclosure. Advisers will also need to seek express written authority and consent forms to deduct fees. The regulator released the draft legislation, based on the Exposure Draft Bill, so it can ...

Latest data reveals super admin problem

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... are to do with account administration issues, according to latest data from AFCA. The Australian Financial Complaints Authority's (AFCA) Datacube revealed out of the 2220 complaints received about the superannuation sector, 49.7% of those were to do ...

BT's transition not so super

KANIKA SOOD  |  MONDAY, 9 MAR 2020
... and has been. Complaints to AFCA Some BT members have been considering heading to the Australians Financial Complaints Authority (AFCA) regarding the lack of communication and product changes. One member confirmed to Financial Standard they had made ...

Why Phillip Morris gets ESG points

ELIZABETH MCARTHUR  |  FRIDAY, 28 FEB 2020
... vaping system designed to help people quit smoking. IQOS was approved to be sold in the US, with the US Food and Drug Authority noting that it was in the interest of public health to make the stop smoking system available. "Here you've got a company ...