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Showing 51 - 60 of 136 results for "Service Co"

Life insurers challenged by waning planner loyalty

JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2017
Almost half of all financial planners cut ties with at least one life insurer in the last 12 months and a further 27% intend to follow suit. Investment Trends' annual Planner Risk report for 2017 shows a record 47% of planners changed life insurer last ...

Insurers held to account with new FSC code

ALEX BURKE  |  MONDAY, 3 JUL 2017
The Financial Services Council rolled out its Life Insurance Code of Practice, along with a new set of standardised medical definitions, on July 1. The new definitions for cancer, heart attack and stroke in trauma and critical illness policies were ...

Macquarie pays the price for poor advice

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2017
Macquarie Equities has shelled out almost $25 million in compensation in the past three years as part of its enforceable undertaking with ASIC. The corporate regulator published an update yesterday as to the remediation program's status, saying it is ...

Banks must overhaul product-based incentives

KARREN VERGARA  |  WEDNESDAY, 19 APR 2017
Retail banking practices don't carry "significant systemic risks" that deliver poor customer outcomes, an independent review has found. Some current practices however, are promoting unacceptable behaviours inconsistent with good customer outcomes and ...

Damned if they do, damned if they don't

BENJAMIN ONG  |  MONDAY, 3 APR 2017
First the good news. Crude oil prices have closed the March quarter of 2017 above the psychological US$50.00 per barrel mark - the level they have risen to since the Organisation of Petroleum Exporting Countries (OPEC) announced that they (and non-OPEC ...

Global healing

BENJAMIN ONG  |  TUESDAY, 28 MAR 2017
It could have been triggered by anything imaginable under the sun, but the financial markets' correction - due to Trump's repeal/replace Obamacare failure - should be seen as that, one that "corrects" overvalued levels that have run ahead of fundamentals. ...

Product conflicts in retail banking: ABA report

ALEX BURKE  |  THURSDAY, 19 JAN 2017
A report commissioned by the Australian Bankers' Association highlights potential conflicts in product sales commissions and product-based payments used for retail banking staff, echoing the concerns that led to the Future of Financial Advice reforms. ...

HUB24 opens doors to global direct equities

ALEX BURKE  |  TUESDAY, 6 DEC 2016
HUB24 has launched a new service allowing investors on its platform to purchase direct international securities. Providing access to 14 markets in North America, Europe and Asia, the new service complements HUB24's existing international managed portfolio ...

NAS launches ESG reporting service

MARK SMITH  |  MONDAY, 15 AUG 2016
NAB Asset Servicing has launched an environmental, social and governance (ESG) insight reporting service, allowing clients to assess and monitor a range of ESG metrics. The service provides the firm's asset servicing clients including superannuation ...

Report shows bank reform well underway

DARREN SNYDER  |  THURSDAY, 14 JUL 2016
The Australian banking industry is being recommended to adopt intermediate milestones to demonstrate its momentum of working through a series of self-improvement initiatives in response to previous recognition of repeated poor customer service. Independent ...