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Showing 91 - 100 of 2392 results for "protection"

Nuveen, Commonwealth Private partner to launch REIT

CASSANDRA BALDINI  |  FRIDAY, 30 JUN 2023
... selective investments into commercial real estate debt, offering a potential measure of the downside and performance protection. Real estate has traditionally offered investors a higher level of income, strong total returns, and lower volatility when ...

FSCP hands down second order, audits adviser

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2023
... superannuation fund after being cold called to do so. Mr. M failed to consider the client's life, TPD and income protection policy in the prior super fund when recommending the switch in the SoA. Furthermore, Mr. M recommended a high-growth investment ...

TelstraSuper introduces new option, drops premiums

JAMIE WILLIAMSON  |  MONDAY, 26 JUN 2023
TelstraSuper is making changes to its investment menu, while also decreasing income protection premiums for members. The $25 billion corporate fund is introducing a new option for accumulation and TTR members from next month, the Moderate investment ...

CSLR finally passes senate

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... Commission. "The introduction of a compensation scheme of last resort is an historic moment for consumer financial protection in Australia," he said. Kirkland said the scheme was the "missing link" in Australia's financial system as consumer groups ...

ALRC to simplify, restructure advice laws

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... applicable to other financial service providers, and improve advice outcomes. The report also seeks to overhaul consumer protection laws so that they are easy to navigate. Consumers would then be able to understand their core rights and remedies available ...

Cyber breach claims CalPERS member data

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
More than 750,000 retired members of one of the world's largest pension funds have had their personal information accessed in a cybersecurity breach. The California Public Employees' Retirement System (CalPERS) is alerting its retired members and their ...

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
Bringing an end to years of speculation and sales discussions, Westpac will retain its platforms business, saying it intends to "aggressively compete" in the space. Despite having carried out a lengthy and competitive sales process, Westpac is going ...

Macquarie shifts toward AI-first banking

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
... in the contact centre with smart agent capabilities and a range of risk management processes to further enhance the protection of (our) 1.8 million Australia-based customers." Macquarie head of regulated industries Zac Maufe concluded that the developments ...

Greg Combet steps down as IFM Investors, ISA chair

ANDREW MCKEAN  |  WEDNESDAY, 14 JUN 2023
... Whiteley," he said. Combet's time as ISA chair saw several successful advocacy measures implemented, including protection of the legislated increase to the superannuation guarantee and the announcement of payday super. ISA chief executive Bernie ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
The wealth management industry has broadly welcomed the bulk of the Quality of Advice Review recommendations Labor will prioritise, with many agreeing that the reforms will fix financial advice and ultimately benefit consumers. In releasing the first ...