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Showing 61 - 70 of 199 results for "Fairness"

Industry-made retirement models are self-serving: SCA

ELIZA BAVIN | MONDAY, 2 MAR 2020

... transferred here." SCA teamed up with CHOICE to survey over 10,000 consumers who shared their concerns about the adequacy, fairness and complication in planning for retirement, which formed the basis for its recommendations. SCA said the set of budget ...

Advice complaints low: AFCA

ELIZABETH MCARTHUR | WEDNESDAY, 19 FEB 2020

... insolvent financial firm - he did not specifics what kind of financial service he firm was providing. He revealed AFCA's Fairness Tool, a new tool the authority will be disseminating to financial firms, with the aim of clarifying how it handles claims ...

AFCA reveals approach to Code of Ethics compliance

JAMIE WILLIAMSON | FRIDAY, 29 NOV 2019

... they act in a way that is consistent with the values and standards expected of a member of a profession, Smith said. "Fairness underpins everything we do at AFCA. In assessing what is a fair resolution of any complaint, AFCA will assess whether the financial ...

FASEA exam tips from those who passed

ELIZABETH MCARTHUR | THURSDAY, 28 NOV 2019

... However, he countered concern on this point by saying that FASEA and exam partner Acer have put emphasis on ensuring the fairness of questions. And, Glenfield cleared up a point on the marking of the exam. "There's no targeted pass rate for the exam. ...

Remediation bill tops $10b: ASIC

ELIZA BAVIN | MONDAY, 18 NOV 2019

... Chester said "doing the right thing", particularly when dealing with non-financial risks, is a commercial "must have". "Fairness, doing the right thing, can and should be seen to create commercial value. Intangible assets such as reputation, IP and customer ...

AFCA delivers $185m in compensation

ELIZABETH MCARTHUR | FRIDAY, 1 NOV 2019

... brings their complaint to AFCA," AFCA chief executive and chief ombudsman David Locke said. "We take our commitment to fairness and independence very seriously, and where possible we encourage the financial firm and complainant to resolve the matter ...

FASEA clears up code of ethics

ELIZA BAVIN | MONDAY, 21 OCT 2019

... and professionalism in the financial advice industry." The five values include trustworthiness, competence, honestly, fairness and diligence, which FASEA said are paramount and all provisions much be applied in a way that promotes these values. The guidance ...

UK insurer fined for annuity sales failings

ELIZA BAVIN | TUESDAY, 1 OCT 2019

... customers. Prudential is now rightly focused on redress and today's financial penalty reinforces the cardinal obligation of fairness that firms owe to customers." Prudential apologised to customers and said it hopes to compensate most of the 35,000 people ...

Complex retirement system requires simplicity: Report

KARREN VERGARA | WEDNESDAY, 21 AUG 2019

... assets could allow for consistency between high and low yielding assets, and prevent gaming the system, so contributing to fairness and efficiency," the report said. The Institute noted the lack of government coordination should be addressed as this ...

Standard Life Assurance fined for hawking non-advised annuities

KARREN VERGARA | WEDNESDAY, 24 JUL 2019

... of 2019. FCA executive director of enforcement and market oversight Mark Steward said SLA's controls needed to place fairness to customers at their heart. "Here, the financial incentives available to staff for selling non-advised annuities by telephone ...

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Settlement reached in Caddick class action

ELIZA BAVIN

Lawyers leading the class action said they feel the settlement is a "great outcome" for the applicants.

Platinum, Regal put acquisition talks to bed

JAMIE WILLIAMSON

After completing due diligence, Regal Partners says it is no longer interested in acquiring Platinum Asset Management. It comes as the latter confirms its first deal under the new Platinum Partner Series initiative.

Australian Retirement Trust appoints new chief risk officer

ANDREW MCKEAN

Australian Retirement Trust (ART) has appointed a new chief risk officer that's set to start in March 2025.

Funds SA appoints chief investment officer

ANDREW MCKEAN

Funds SA has appointed a new chief investment officer, who will join from Hostplus, to commence in February 2025.

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Jenny Taing

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Kellie Wood

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SCHRODER INVESTMENT MANAGEMENT AUSTRALIA LIMITED

Schroders Australia's Kellie Wood talks about winning a lot, so much so that it's become a well-intentioned joke with her co-workers - but it's this ambitious attitude that spurs her on every day. Eliza Bavin writes.

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