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Showing 671 - 680 of 886 results for "FOS"

AMP Capital appoints fixed income head

HARRY PAGE  |  FRIDAY, 7 FEB 2014
AMP Capital has appointed Simon Warner as head of Fixed Income as part of the ongoing AMP restructure. Warner was the AMP Capital head of Macro Markets within the fixed income team for the past seven years and replaces Mark Beardow, who was announced ...

LGS carbon screening possible, but not imminent

JAMES FERNYHOUGH  |  WEDNESDAY, 11 DEC 2013
The board of Local Government Super (LGS) will consider toughening its screening of investments in companies exposed to coal mining and other fossil fuels, but is unlikely to make any decisions before February, according to LGS head of sustainability ...

How green are 'green funds'?

JAMES FERNYHOUGH  |  WEDNESDAY, 4 DEC 2013
Superannuation funds offering 'green' or 'sustainable' investment options may be misleading their members, with big polluters often topping the holdings lists. The top holding in AustralianSuper's Australian sustainable fund (managed by Perpetual) is ...

David Murray to head financial system inquiry

MARK SMITH  |  THURSDAY, 21 NOV 2013
Future Fund inaugural chair David Murray has been appointed to head the inquiry into Australia's financial system, the Government has announced. Dubbed the "Son of Wallis" inquiry in reference to a similar inquiry led by Stan Wallis 16 years ago, the ...

ASIC's whistleblowing demands too extreme: ACSA

JAMES FERNYHOUGH  |  TUESDAY, 12 NOV 2013

ANZ praises ASIC "integrity" amid consumer complaints

LAURA MILLAN  |  WEDNESDAY, 6 NOV 2013
... fair and responsible way." The bank encouraged customers to raise their concerns through the Financial Ombudsman Service (FOS). However, a review of the consumer submissions reveals that both the bank and the FOS have seemed to fail in addressing those ...

Super funds 'fair game' for activist scrutiny

JAMES FERNYHOUGH  |  TUESDAY, 5 NOV 2013
Super funds must prepare for a high level of activist scrutiny of their investments as a result of the increasing of portfolio disclosure requirements, according to Peter Lewis, director of Essential Media Communications (EMC). Under current plans ...

Advice main concern in FOS investment disputes

LAURA MILLAN  |  WEDNESDAY, 23 OCT 2013
... advice keeps being the main concern for consumers who lodge investment-related claims to the Financial Ombudsman Service (FOS). The FOS 2012-13 annual review found an 11% reduction of all disputes. In total, the FOS received 32,307 disputes and accepted ...

Australia's second SBB hits $10m target

JAMES FERNYHOUGH  |  TUESDAY, 8 OCT 2013
Australia's second social benefit bond (SBB), issued by the Benevolent Society in partnership with the Commonwealth Bank of Australia and Westpac, has closed after raising its target $10 million. The Benevolent Society SBB, which will help fund the ...

ASIC accepts enforceable undertaking from WealthSure

LAURA MILLAN  |  MONDAY, 2 SEP 2013
WealthSure, WealthSure Financial Services and the former chief executive of both companies, Darren Pawski, will be put into an enforceable undertaking (EU) until 2018. The Australian Securities and Investments Commission (ASIC) has accepted an EU from ...