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Showing 871 - 880 of 1726 results for "Provisio"

CBA defends 'incorrect' personal advice claims

JAMIE WILLIAMSON  |  MONDAY, 16 JAN 2017
The Commonwealth Bank has responded to reports by Fairfax claiming a CBA bank teller had provided personal advice to a now-deceased customer. Last week Fairfax revealed CBA is working through a $68,000 compensation claim as part of its Open Advice Review ...

ASFA slams Grattan as 'out of touch'

EMMA RAPAPORT  |  MONDAY, 16 JAN 2017
The Association of Superannuation Funds of Australia (ASFA) has labeled the Grattan Institute as 'out of touch' following its claims that the age pension and rent assistance would provide an adequate retirement for Australians. In a statement, ASFA ...

Suncorp fined for consumer credit breach

ALEX BURKE  |  FRIDAY, 23 DEC 2016
Suncorp paid a total of $530,000 in penalties for breaching consumer protection laws. ASIC said Suncorp's breach of consumer credit notification provisions occurred as a result of an internal error, which prevented a "large number of consumers" from ...

Robo-advice needs monitoring: IOSCO

JAMIE WILLIAMSON  |  THURSDAY, 22 DEC 2016
ASIC and other international regulators are coming to grips with the difficulties of monitoring robo-advice solutions and tools. The latest International Organisation of Securities Commission (IOSCO) report on its Automated Advice Tools Survey finds ...

Top 10 superannuation stories in 2016

STAFF WRITER  |  WEDNESDAY, 21 DEC 2016
1. QSuper public offer move reshapes competitive landscape The decision to make Queensland government superannuation funds QSuper and LGIAsuper public offer could have far-reaching ramifications for Australia's superannuation sector. When QSuper especially ...

Whistleblower protections under microscope

DARREN SNYDER  |  TUESDAY, 20 DEC 2016
The Federal Government aims to strengthen whistleblower protections in the tax and corporate sectors by reviewing several identity and disclosure rules. Federal Minister for Revenue and Financial Services, Kelly O'Dwyer, confirmed this morning that ...

Queensland bank sells planning business

DARREN SNYDER  |  MONDAY, 19 DEC 2016
On Friday the Queensland-based Heritage Bank sold its financial planning business to national adviser group Bridges Financial Services. According to Rainmaker Information, the deal will potentially see Bridges climb inside the top 13 planning firms ...

NZ manager launches QROPS scheme

ALEX BURKE  |  THURSDAY, 8 DEC 2016
A New Zealand asset manager now offers a qualified recognised overseas pension scheme for Australian and NZ migrants. Lifetime Asset Management's Garrison Bridge Superannuation Scheme has been added to Her Majesty's Revenue and Customs' QROPS list and ...

Australia lags in infrastructure returns

KERRIE SYDEE  |  MONDAY, 28 NOV 2016
Australia is falling behind its global counterparts when it comes to returns to economy and performance of built assets, according to the 2016 Global Build Asset Performance Index. Released by Arcadis and developed in conjunction with the Centre for ...

Bank inquiry recommends breaking big four oligopoly

ALEX BURKE  |  FRIDAY, 25 NOV 2016
The House of Representatives Standing Committee on Economics' first report in its review of the four major banks has recommended breaking the big four's "oligopoly" and introducing competition into the sector. The report said this could be achieved ...