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Showing 851 - 860 of 2689 results for "Fair"

Insurer invokes financial hardship policy

ELIZA BAVIN  |  MONDAY, 11 MAY 2020
One of Australia's life insurers has taken a range of measures to assist customers who have been negatively affected by the effects of COVID-19. Integrity Life acting chief executive Lesley Mamelok said the firm has invoked a number of measures to help ...

ERS paused as AFP investigates fraud

ELIZA BAVIN  |  FRIDAY, 8 MAY 2020
... million applications for the ERS scheme which totals over $10 billion. "There's been one isolated incident where, I think it's fair to say, identity theft has been involved," he said. "It's being investigated by the AFP, but I emphasise, these are not ...

Advice, but not as you know it

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
While it is probably too soon to know the full impact the COVID-19 crisis will have on the future of advice, it is fair to say it may not look the same when all's said and done. Speaking to Financial Standard chief executive of JANA, Jim Lamborn, said ...

A challenge in a Class of its own

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
SMSF platform Class found itself in a fairly unique predicament recently after acquiring a business in another state only for the borders to be closed as a result of the COVID-19 pandemic. Class, which is based in Sydney, purchased NowInfinity, based ...

QSuper not to appeal AFCA win

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
The $110 billion superannuation fund has decided to not appeal a Federal Court order upholding an AFCA decision but says it creates further obligations for superannuation trustees. In April, QSuper's board appealed unsuccessfully to the Federal ...

Former AFSL director banned

ELIZA BAVIN  |  TUESDAY, 5 MAY 2020
... Morrison has not appealed his banning to the AAT. The regulator said Olive Financial failed to ensure it provided honest and fair financial services and engaged in unconscionable conduct. Additionally, the company also engaged in misleading or deceptive ...

More super funds will merge: QMV

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... bigger than AustralianSuper. It almost starts to get to the point where you say, do we have enough competition? We're a fair way from really having to worry about that but what we will have is two behemoths," Forbes said. "We've got a whole lot ...

Financial services boards overpaid: Research

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... non-executive directors are paid just 0.01% of the market capitalisation of the ASX, which he said suggested "they provide fair value for the responsibility they take on", noting the risks they assume to their own personal reputation should something ...

ASIC urges insurance flexibility

ELIZA BAVIN  |  TUESDAY, 28 APR 2020
... hardship to continue their cover," ASIC said. ASIC added that insurers are also expected to consider whether outcomes will be fair for consumers if they have to actively 'opt in' or make a request in order to receive any benefit insurers offer in response ...

ASX ups capital raise capacity

ELIZA BAVIN  |  FRIDAY, 24 APR 2020
The Australian Securities Exchange announced changes to the temporary lift in placement capacity from 15% to 25% and increased transparency rules. The ASX said the measures are conditional on entities either doing a follow-on accelerated pro rata entitlement ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
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
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
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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