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Showing 71 - 80 of 176 results for "David Whiteley"

ISA to change Compare the Pair ads

JAMES FERNYHOUGH  |  TUESDAY, 24 JUN 2014
... the comparison." The change was framed in gentle terms, as an agreement rather than an order. ISA chief executive David Whiteley was keen to stress that the ads would continue. "There has been no change to methodology," he told Financial Standard. "We've ...

Banks suspected of pocketing grandfathered commissions

JAMES FERNYHOUGH  |  TUESDAY, 24 JUN 2014
... Investments Commission (ASIC) to investigate the issue of what it calls 'orphan commissions'. ISA chief executive David Whiteley said it was time for ASIC to "have a good look under the bonnet" to ensure that consumers are not paying their grandfathered ...

Ripoll labels Cormann's FoFA changes "a stunt"

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
... changes to be implemented immediately by the making of regulations before 1 July." The organisation's chief executive David Whiteley expressed concern that "financial advice and product sales would once again be inseparable and consumer confidence in ...

FoFA changes designed to protect big players: opposition

LAURA MILLAN  |  TUESDAY, 17 JUN 2014
... the wind back of FOFA consumer protections which the banks have been fiercely lobbying for," ISA chief executive David Whiteley said. Read all Financial Standard coverage of the FoFA legislation here Read the Senate Economics Committee FoFA inquiry report ...

Women to feel pain of scrapped LISC

JAMES FERNYHOUGH  |  MONDAY, 16 JUN 2014
... scrapping the LISC would cost low income earners $946 million in superannuation contributions. ISA chief executive David Whiteley said: "Retention of the LISC is necessary for the integrity of compulsory super. The reality is that until every Australian ...

Intra-fund advice is also a commission: FSC

LAURA MILLAN  |  FRIDAY, 23 MAY 2014
... "Industry super funds do not pay sales commissions or other incentives to financial planners," Chief executive David Whiteley said. "The banks want to wind back provisions at the heart of FoFA, they want to extend the grandfathering of sales commissions ...

FoFA changes to cost consumers millions

JAMES FERNYHOUGH  |  THURSDAY, 22 MAY 2014
... requirements were reversed, these members would continue to pay for advice they are not receiving. ISA chief executive David Whiteley said: "The report debunks any claims by the banks and financial planners that cutting consumer protections will reduce ...

FSC and ISA clash over super and awards

LAURA MILLAN  |  THURSDAY, 24 APR 2014
... Authority (APRA) "would be better suited for overseeing the selection process." In response, ISA chief executive David Whiteley said that "seeking to halt a merit based assessment of default super products follows on from the banks' failed efforts to ...

ISA 'deeply concerned' over banks' MySuper campaign

JAMES FERNYHOUGH  |  WEDNESDAY, 23 APR 2014
... bank-led push to take the Fair Work Commission out of the default super selection process. ISA chief executive David Whiteley said the Fair Work Commission's involvement acted as a vital "quality filter". "The default fund system must act in the best ...

Cormann freezes FoFA amendments

MARK SMITH, ALICE URIBE  |  MONDAY, 24 MAR 2014
... legality of passing changes through regulation has also been questioned. Industry Super Australia Chief Executive David Whiteley said this afternoon that the intervention of the Minister was a timely circuit breaker and a victory for common sense. "Minister ...