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Showing 641 - 650 of 882 results for "FOS"

Cbus, NZ Super join Mercer climate change risk study

JAMES FERNYHOUGH  |  TUESDAY, 23 SEP 2014
Cbus and the New Zealand Super Fund have joined a number of international investors backing Mercer's new study of the investment risks and returns under climate change scenarios. Mercer said the study would be "framed by several plausible climate scenarios ...

Global investors call for action on climate change

JAMES FERNYHOUGH  |  MONDAY, 22 SEP 2014
Some of the world's largest institutional investors have told governments they are ready to play their part in the transition to a low carbon economy, but they need governments to help them. A group of 348 institutional investors worth more than US$24 ...

Gold stocks undervalued but likely to rise

LAURA MILLAN  |  MONDAY, 15 SEP 2014
Gold stocks are undervalued, but are likely to rise over the next years as Chinese demand increases and production costs lower. Van Eck Global portfolio manager of gold strategies Joe Foster predicted that gold prices could surpass the US$1,400 an ounce ...

HESTA takes stand against thermal coal

JAMES FERNYHOUGH  |  FRIDAY, 12 SEP 2014
Industry super fund HESTA has begun restricting its investments in thermal coal, becoming the latest fund to move towards fossil fuel divestment. Under the new policy, HESTA will not make new investments in unlisted companies that derive more than 15% ...

Institutions' bid to raise adviser education not genuine: FSU

LAURA MILLAN  |  MONDAY, 8 SEP 2014
The attempt by Australia's largest financial institutions to raise the education standards for their financial advisers is not a genuine attempt by licensees to improve integrity and transparency in the industry, the Financial Services Union (FSU) said. ...

FOS demands licensee-funded consumer protection scheme

LAURA MILLAN  |  MONDAY, 8 SEP 2014
... default consumer protection scheme to ensure consumers are paid when awarded compensation, the Financial Ombudsman Service (FOS) asked in its submission to the Financial System Inquiry (FSI). The proposal was made in light of the 105 FOS determinations ...

Activist Simon Sheikh launches fossil fuel free super fund

MARK SMITH  |  THURSDAY, 4 SEP 2014
Former leader of advocacy group GetUp and Australian Greens candidate Simon Sheikh has launched what he claims is Australia's first fossil fuel free superannuation fund. Sheikh said Future Super stemmed from what he perceived as growing frustration ...

Maurice Blackburn mulls class action against Macquarie

LAURA MILLAN  |  MONDAY, 18 AUG 2014
... they receive can only contest that offer if they are prepared to initiate an action at the Financial Ombudsman's Service (FOS)," commercial lawyer Ben Hardwick said. He asked for a purpose-built review scheme with experts solely focused on claims against ...

Macquarie forced to contact all advice clients for remediation

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
... cover the costs of that. Unsatisfied Macquarie customers will be able to raise the issue to the Financial Ombudsman Service (FOS), which has agreed to waive the usual limitation periods or claim thresholds in this particular matter. The EU is being reviewed ...

FEAL and T. Rowe Price launch national resilience program

MARK SMITH  |  TUESDAY, 12 AUG 2014
The Fund Executives Association (FEAL) and global asset manager T. Rowe Price have launched a "national resilience program" to foster sustainable leadership within the funds management industry. FEAL chief executive Joanna Davison said the initiative ...