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Search ResultsShowing 1 - 10 of 22 results for "COBA"
AustralianSuper backs cobalt miner
KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
The industry fund was a cornerstone investor in an ASX-listed mining stock's $45 million equity raise. AustralianSuper invested $18.5 million in Jervois Mining, representing nearly 40% of the total raise. It bought at 20.5 cents per JRV share, which ...
Industry bodies react to APRA review
KARREN VERGARA  |  THURSDAY, 18 JUL 2019
Several industry associations have responded to APRA's Capability Review as many weighed in on how the recommendations can improve the superannuation sector. The Australian Institute of Superannuation Trustees head of advocacy Ailsa Goodwin said ...
COBA appoints former ASIC executive
JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
... executive will conduct a review of the Code of Practice adhered to by members of the Customer Owned Banking Association. COBA has appointed former ASIC executive general manager Phil Khoury to review the code which outlined the conduct and standards ...
Industry body rejects ABA banking code
KANIKA SOOD  |  MONDAY, 10 SEP 2018
... Association said the consumers that the ABA wants to bring into the fold with its new code are already protected strongly under COBA's code of practice. "This call by the ABA is somewhat gratuitous given that the COBCOP was always scheduled for review ...
New code should apply to all: ABA
HARRISON WORLEY  |  FRIDAY, 7 SEP 2018
... all lenders should have to adopt the same standards to ensure industry consistency. The Customer Owned Banking Association (COBA) fired back, saying consumers already had strong protection under the Customer Owned Banking Code of Practice (COBCOP). "We ...
Managed accounts forum to address vertical integration, best practice
STAFF WRITER  |  FRIDAY, 24 AUG 2018
Leading managed account providers and financial planning groups will take centre stage at the annual Financial Standard Managed Accounts Forum to be held in Melbourne next month. More than 160 financial advisers and managed account specialists have ...
Bank customer trust plummets: Research
KARREN VERGARA  |  TUESDAY, 26 JUN 2018
... security and product offering have also impacted satisfaction levels. In another survey, the Customer Owned Banking Association (COBA) found less than half (47%) of the 1000 participants it canvassed trust the big four banks. Australians are more likely ...
Royal Commission backlash continues for banks: Research
JAMIE WILLIAMSON  |  TUESDAY, 29 MAY 2018
... While the research shows Australians are considering switching providers - not moving away from the big four institutions - COBA chief executive Michael Lawrence believes the data is supportive of increased interest in the customer owned banking sector. ...
Government passes BEAR reform
JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2018
... importance of customer owned banking and the vital role it plays in delivering diversity and competition in retail banking," COBA chief executive Michael Lawrence said. He added that it is critical to minimise regulatory expenditure on smaller banking ...
International automotive alliance launches new VC fund
ALEX BURKE  |  THURSDAY, 11 JAN 2018
The Renault-Nissan-Mitsubishi Alliance is launching a new corporate venture capital fund. Alliance Ventures, in which the alliance plans to invest up to US$1 billion - starting with $200 million in year one - is targeted at fostering development in ...
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