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Showing 641 - 650 of 1622 results for "Review of"

ASIC slams consumer credit failures

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
ASIC's review of the sale of consumer credit insurance has lambasted the sector for consistently failing consumers in the design and sale of products. According to ASIC report 622, CCI products are being promoted and sold to customers unfairly, and ...

Sydney advice firm loses AFSL

KANIKA SOOD  |  FRIDAY, 5 JUL 2019
... resolution system until 31 December 2019 despite the cancellation. It may apply to the Administrative Appeals Tribunal for a review of ASIC's decision, subject to timing.

BlackRock cuts fees on Aussie shares ETF

KANIKA SOOD  |  WEDNESDAY, 3 JUL 2019
... the exchange with ticker IOZ, pushed down the fees to 0.09% p.a. from the 0.15%. "This change is part of the regular review of our pricing strategy, reflecting our continued growth and ability to leverage our scale for the benefits of clients," BlackRock ...

John Key under fire

ELIZABETH MCARTHUR  |  TUESDAY, 25 JUN 2019
... independent reviews come after ANZ New Zealand chief executive David Hisco was forced to step down last week following a review of his personal expenses, which revealed the long-term personal use of corporate chauffeur cars and Hisco charging ANZ for ...

IOOF names new chief executive

HARRISON WORLEY  |  TUESDAY, 25 JUN 2019
... transformation, which began in 2015; and establishing our Advice Academy from 2016." Mota will now undertake a full review of the firm's senior management, "to ensure it is culturally aligned" and has the capabilities that reflect its "higher organisational ...

PDS should reflect PYSP changes: ASIC

KARREN VERGARA  |  MONDAY, 24 JUN 2019
... made is "technical only" and applies to disclosure concerning superannuation products. ASIC flagged that its broader review of the fees and costs disclosure regime for superannuation and managed investment schemes (RG97 Disclosing fees and costs in PDSs ...

AMP loses mandate to AustralianSuper

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
... being managed by AMP," the letter read. After discussions with the CWU, Australia Post agreed to conduct a thorough review of the default super arrangements. The union also met with AMP's chief executive, which resulted in lowering fees for members while ...

Superannuation reforms underway

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
... its activities, funding and arrangement will soon launch. The senator backed Federal Treasurer Josh Frydenberg's review of the retirement income system, one of the first initiatives he vowed to tackle as soon as the Liberals were re-elected. There ...

Bank chief steps down amid expenses scandal

ELIZABETH MCARTHUR  |  TUESDAY, 18 JUN 2019
ANZ New Zealand chief executive David Hisco stepped down following a review of his personal expenses. The ANZ board expressed concerns about the characterisation of certain expenses attributed to Hisco. While Hisco doesn't accept all of the concerns ...

FPA, AFA partner on life insurance

KANIKA SOOD  |  FRIDAY, 14 JUN 2019
... financial advice associations have teamed up for a life insurance taskforce as the industry inches towards ASIC's review of the life insurance framework slated for 2021. The Financial Planning Association of Australia and the Association of Financial ...