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Showing 51 - 60 of 356 results for "Credit card"

Junk insurance lands Westpac in court

KARREN VERGARA  |  THURSDAY, 8 APR 2021
... dodgy sales of add-on insurance products promoted with credit cards and lines of credit to customers, under the bank's Credit Card Repayment Protection and Flexi-Loan Repayment Protection policies Between 7 April 2015 to 28 July 2015, ASIC claims the ...

Pandemic boosts scam complaints

ANNABELLE DICKSON  |  THURSDAY, 11 MAR 2021
The onset of COVID-19 led to a sharp increase in the number of scam-related financial complaints, according to new data from the Australian Financial Complaints Authority (AFCA). AFCA's half-year statistics revealed scam-related complaints made up 23% ...

Ponzi schemer succeeds at appeal

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
... Collingwood supporters would soon see returns. Instead, the Johnstons withdrew the money as cash, used it to repay their credit card debts, transferred it straight into Maureen Johnston's personal account and paid deposits in what ASIC labelled a ...

Financial services complaints rise

ELIZA BAVIN  |  MONDAY, 9 NOV 2020
Complaints made about financial services have almost doubled since last year, according to the Australian Financial Complaints Authority (AFCA). In its yearly report, AFCA revealed complaints had risen to 80,546 from 47,223, which is a 14% increase ...

ING announces head of wealth, chief executive

ANNABELLE DICKSON  |  FRIDAY, 30 OCT 2020
ING Australia has appointed BT's former head of platforms as its head of wealth and has promoted its head of retail bank to chief executive. New head of wealth Dina Kotsopoulos was with BT for nearly 15 years and was appointed head of platforms ...

817 super complaints during COVID-19

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 SEP 2020
... condition (720) were the most common reasons for people complaining. General insurers accounted for 41% of complaints and credit card companies made up 35% of complaints. Just 14% of complaints were directed at super funds. "The data released today covers ...

Advice too expensive, hard to access: FPA

ALLY SELBY  |  WEDNESDAY, 16 SEP 2020
New research has revealed COVID-19 has altered Australian spending behaviour, with more households in a fragile financial position than ever before and facing reduced access to financial advice. The research from CoreData, presented at the Financial ...

Citi names global chief executive

KARREN VERGARA  |  MONDAY, 14 SEP 2020
Citi has appointed Jane Fraser to the role of chief executive as the incumbent retires after nearly four decades with the firm. Michael Corbat has been at the helm for the last eight years and will step down from official duties in February of 2021. ...

ASIC restrains Mawhinney

ELIZABETH MCARTHUR  |  THURSDAY, 3 SEP 2020
ASIC has been granted interim orders against Mayfair 101 founder James Mawhinney which will stop him siphoning any money out of Australia. The orders also restrain Mawhinney from advertising or promoting any financial product, meaning his work with ...

Law firm summarises report AMP won't release

ELIZABETH MCARTHUR  |  MONDAY, 31 AUG 2020
... "bitch". The document deemed these comments minor harassment. The report found Pahari did give Szlakowski his personal credit card to buy drinks and did ask her to communicate with him on WhatsApp. It also found Pahari's friends made inappropriate comments ...