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| | | The Australian Financial Complaints Authority (AFCA) has appointed Paul Woodburn as its new lead ombudsman superannuation, succeeding Heather Gray, who had served as lead ombudsman superannuation since 2020. Woodburn commenced in the role on May 25 ... |
| | | | ... in Sydney, BT Financial Group chief executive Matt Rady noted the role of platforms as a core component of the financial system enabling efficient transition of capital, and it would be dangerous for platforms to shrink options too much. "The capital ... |
| | | | ... artificial intelligence (AI), digital finance and regulatory technology become increasingly embed across the financial system. New research commissioned by ASIC and conducted by the Digital Finance Cooperative Research Centre found fintech and regtech ... |
| | | | ... investment selection, contribution optimisation, and insurance guidance. "However, given the pace and scale at which the system is growing, this is no longer sufficient," the report said. "Super funds are now beginning to combine internal capability-building ... |
| | | | ... illness or other vulnerability. In these circumstances, operational failures such as delays, administrative errors or rigid system processes may have amplified consequences where systems were not sufficiently responsive to individual circumstances." ... |
| | | | JPMorgan Chase chief executive Jamie Dimon grabbed headlines last year when speaking at one of the banking giant's quarterly earnings calls. "When you see one cockroach," he told analysts, "there are probably more." The cockroach Dimon was referring ... |
| | | | ... indicator?" Other signs Warner is monitoring include a massive loss in one sector of the market that could cascade through the system, as well as a traditional trading partner shocks. "We've got forward-looking dashboards...and they flash green or ... |
| | | | ... approach which reframes levels of commitment and stresses the exit ramps in any retirement income strategy. "The retirement system is getting more complicated, and many people aren't aware of products that can give them guaranteed income. Combined with ... |
| | | | ... intelligence (AI) adoption and growing complexity in global markets reshape the financial risk environment. In its latest System Risk Outlook, the prudential regulator said Australia's financial system remained resilient and well positioned to withstand ... |
| | | | ... advisers to deliver better outcomes for their clients. "Choice and flexibility are fundamental to a trusted superannuation system, enabling advisers to deliver more personalised advice, strengthening engagement and outcomes, and driving ongoing innovation ... |
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