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Date Time AFCA announces John Pollaers OAM as next Independent Chair The Australian Financial Complaints Authority’s (AFCA) Board of Directors today announced the appointment of Professor John Pollaers OAM as its next Independent Chair. Prof Pollaers’ appointment follows the Hon Helen Coonan’s term of office as AFCA’s inaugural Chair. Prof Pollaers is Chancellor of Swinburne University of Technology, Chairman of the Australian Advanced Manufacturing Council and Chairman and Founder of Leef Independent Living Solutions Pty Ltd. He was formerly Chair of the Aged Care Workforce Strategy Taskforce for the Federal Government, Chairman of the Australian Industry and Skills Committee and a member of the Prime Minister’s Industry 4.0 Taskforce. He has had a distinguished executive career in both retail and advanced manufacturing industries. ....
Coventry's Debenhams is one of UK's final stores to close today coventrytelegraph.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coventrytelegraph.net Daily Mail and Mail on Sunday newspapers.
India Business News: “Consumers have started looking at their homes through a magnifying glass and want to do a better kitchen or buy a more comfortable sofa,” said Subodh ....
India s forex reserves rise by $1.4 billion due to surge in RBI s gold assets SECTIONS India s forex reserves rise by $1.4 billion due to surge in RBI s gold assetsET Bureau Last Updated: May 14, 2021, 07:41 PM IST Share Synopsis The increase in foreign kitty in the reporting week was mainly on the back of a rise in the value of gold assets held by the central bank. Reuters The gold reserves in the reporting week rose by $1.016 billion to $36.480 billion, as per the central bank data. Related Mumbai: India’s foreign exchange reserves rose by $1.444 billion to $589.465 billion in the week of May 7, the Reserve Bank of India’s weekly statical data showed on Friday. ....
It found that some products and services are designed, either intentionally or through insufficient consideration of consumer outcomes, with aspects that exploit behavioural biases , or with features that make it difficult for consumers to assess whether they are right for their needs. Consumer credit was highlighted as an area where products have been designed to generate a high proportion of profits from late payment fees or relending, in addition to complex savings and investment products where the complexity hides the risk. The watchdog added that it is also aware of products that are designed with features that can deter consumers from acting in their interests. Unreasonable exit fees, which discourage consumers from leaving products or services that are not right for them, or accessing better deals was given as an example. ....