The latest issue of Financial Standard now available as an e-newspaper
|Search Results||Showing 1 - 10 of 10 results for "telephone sales"|
|... and ensure ongoing public transparency," the watchdog said. To safeguard consumers, ASIC has banned "cold-call" telephone sales of consumer credit insurance, worked with industry to incorporate a four-day deferred sales period into the Banking Code of ...|
|... ASIC's review of the sale of direct life insurance was launched in 2018, with the regulator finding that outbound telephone sales were more commonly associated with poor sales conduct and increased risk for customers. CommInsure has been working to compensate ...|
|... parties will have to make submissions and the court will decide on the declarations and orders. Westpac's telephone sales campaign The matter relates to whether or not Westpac's telephone sales campaigns amounted to advice and if that advice ...|
|... CBA said it was considering the matter and would not make any further comment, though did point out it ceased telephone sales of Simple Life insurance products issued by the Colonial Mutual Life Assurance Society (CMLA) - which trades as CommInsure - ...|
|ASIC moved to ban the unsolicited telephone sales of life and consumer credit insurance. Consultation is open for ASIC's proposal to ban the sale of direct life and consumer credit insurance by unsolicited phone calls, in a move the corporate regulator ...|
|... consumers, noting CCI was sold to people despite the fact they were ineligible to claim under their policy, and added telephone sales staff use high-pressure selling and other "unfair sales practices" when selling CCI. ASIC commissioner Sean Hughes said ...|
|... 'best interests duty' introduced under the Future of Financial Advice (FoFA) reforms by conducting a telephone sales campaign recommending customers roll out of their super funds into their Westpac-related super accounts without undertaking a ...|
|... includes: failing to meet community expectations and reputation risk (54%); unconscionable or misleading conduct in telephone sales (31%); and breaching the boundaries of general advice (15%). Participants also expressed support for the industry to take ...|
|... The results counter conflicting reports from two different surveys released this month, which found online and telephone sales were the most popular ways life insurance was bought. Based on 7632 consumers polled in Roy Morgan's survey , life insurance ...|
|... a claim that BT Financial Group rejects. The court action is a result of an ASIC investigation into Westpac's telephone sales campaigns targeting superannuation members. The regulator cites 15 cases in which it alleges WSAL and BTFM provided personal ...|
There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox.
BetaShares' ETF that tracks crude oil futures is once again changing the length of contracts it tracks and is taking extra measures to automatically convert the ETF to all cash if oil futures drop significantly again.
The global fund manager saw its profits tumble 196% following net outflows of close to $19 billion in the first half of this year, resulting in heavy hits to fee and commission income.
Chi-X TraCRs and funds will now be offered on a privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies.
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