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Showing 741 - 750 of 2424 results for "Claims"

ISA takes swipe at Grattan

ELIZA BAVIN  |  THURSDAY, 27 FEB 2020
Industry Super Australia (ISA) claims an increase in the super guarantee to 12% will increase consumption at a whole adult life level, as it takes a swipe at alternate modelling. In its submission to the Retirement Income Review (RIR), ISA said its ...

Wells Fargo coughs up $4.5 billion

ALLY SELBY  |  MONDAY, 24 FEB 2020
... like Wells Fargo caves to the pernicious forces of greed, and puts its own interests ahead of those of the customers it claims to serve, my office will not sit idle. "Today's announcement should serve as a stark reminder that no institution is too big ...

Blockchain startup raises $68m, ordered to return funds

ALLY SELBY  |  FRIDAY, 21 FEB 2020
... exemption from these legal requirements. Enigma has agreed to return the funds from the sold ENG Tokens to investors through a claims process and will now register these tokens as securities. It has agreed to file periodic reports with the SEC and will ...

Westpac forks out $80m for AUSTRAC scandal

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... current cost growth expectations." In relation to the various class actions, the bank reiterated it intends to defend the claims against it. The bank added that bushfires, storms and the effects of the coronavirus outbreak are expected to have an economic ...

Advice complaints low: AFCA

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... Fairness Tool, a new tool the authority will be disseminating to financial firms, with the aim of clarifying how it handles claims fairly. Singh focused on the FASEA Code of Ethics, saying this has added obligations for financial advisers in AFCA's view. ...

Industry fund bumps up premiums

JAMIE WILLIAMSON  |  FRIDAY, 14 FEB 2020
... of the Protecting Your Super and Putting Members' Interests First reforms. Improvements to its policy and the number of claims paid out are also factors, the fund said. From April 1, the cost of death and TPD for those members in the general occupation ...

FSC calls for CSLR claims cap

ALLY SELBY  |  FRIDAY, 14 FEB 2020
The Financial Services Council (FSC) has called for the government to cap compensation claims over financial misconduct at "reasonable levels" so as not to create a "moral hazard". In a submission to the Treasury's Compensation Scheme of Last Resort ...

AIA income protection premiums jump

ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
... increases," a spokesperson for AIA said. "The insurance industry has been experiencing an increase in income protection claims over the past few years. One of the ways in which we address sustainability of our products in the face of higher than expected ...

JPMorgan admits to withholding ANZ shares

ELIZA BAVIN  |  FRIDAY, 14 FEB 2020
... email sent by Herbert-Smith around the time of the alleged events that referenced a "gentleman's agreement". The defence claims that Herbert-Smith withdrew his initial testimony due to pressure from the ACCC. Lawyers for ANZ, Deutsche and Citigroup have ...

Short seller bites the dust

KANIKA SOOD  |  THURSDAY, 13 FEB 2020
... orchards, poultry, cattle, vineyards and water rights, dragged Bonitas to court last year saying the latter had made false claims. The hearing was held on December 9 and the judgment was hand down yesterday. Interestingly, Bonitas declined to appear ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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