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Showing 51 - 60 of 117 results for "Media reports"

CBA, ASIC unveil details of new compensation scheme

LAURA MILLAN  |  FRIDAY, 8 AUG 2014
... normally apply to FOS matters." The additional licensee conditions were imposed to CFPL and FW by ASIC in May after media reports unveiled new cases of poor advice within CBA's financial planning businesses. At the time, ASIC acknowledged that CBA had ...

Claims against advice arm have no factual basis: Macquarie

LAURA MILLAN  |  MONDAY, 4 AUG 2014
Macquarie Group has denied recent media reports claiming its advisers cheated on competency tests and exposed clients to high-risk investments, saying that it would refer the matter to the Australian Press Council (APC). In a statement on its website ...

Market wrap

AAP  |  MONDAY, 21 JUL 2014
... disentangle the companies' cross ownership structure. Fairfax Media gained 2.75 cents to 93.75 cents, following media reports billionaire Gina Rinehart is considering launching a takeover bid for the company.

Investors should take responsibility for themselves: Medcraft

LAURA MILLAN  |  WEDNESDAY, 25 JUN 2014
... report its conclusions on the extensive inquiry into ASIC's performance that was prompted about a year ago after media reports revealed that the regulator had failed to act against cases of misconduct within Commonwealth Bank's financial planning unit. ...

CBA forced to review poor compensation methods

LAURA MILLAN  |  MONDAY, 19 MAY 2014
... and ABC investigation shed light on more cases of poor advice within the bank's financial planning businesses. The media reports also prompted Shine Lawyers to start an investigation into a potential class action against Financial Wisdom. "If an action ...

International media question Australia's "austerity budget"

LAURA MILLAN  |  THURSDAY, 15 MAY 2014
International media reports on the 2014/15 federal budget reflect concerns that cuts will hit consumer confidence in an economy that is doing better than most of its counterparts. "Australia's first budget under Tony Abbott was either brave or foolhardy," ...

Wake-up call for watchdog after inquiry

LAURA MILLAN  |  TUESDAY, 22 APR 2014
... the Senate in June 2013, when he introduced a motion for an inquiry into the regulator. The motion was prompted by media reports that it had taken the regulator 16 months to act on cases of serious misconduct within Commonwealth Financial Planning, but ...

Bank complaints over TV ads seek to "stifle" competition: ISA

LAURA MILLAN  |  WEDNESDAY, 2 APR 2014
... funds and which impacts significantly on individual and aggregate retirement savings." The organisation reacted to media reports that ASIC is considering complaints about the new 'Compare the Pair' campaign, over concerns that they are "misleading." ...

We did a "pretty good job" in CBA planning case: ASIC

LAURA MILLAN  |  WEDNESDAY, 26 MAR 2014
... clients should be compensated for dodgy and or just plain incompetent, advice." The Senate inquiry was prompted by media reports that it had taken 16 months for ASIC to act on CBA adviser Don Nguyen and more than three years to take action against adviser ...

Senate pushes for Sinodinos to explain corruption allegations

ALICE URIBE  |  WEDNESDAY, 19 MAR 2014
... Sinodinos told the parliament yesterday that he planned to appear before the ICAC as a witness. According to some media reports Senator Sinodinos has no intention of standing aside. However The Australian is reporting that he was "weighing up" whether ...