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Showing 1241 - 1250 of 20537 results for "Time"

Court approves Caddick SMSF class action settlement

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
The Federal Court has approved the settlement amount of $3.54 million for Melissa Caddick victims who brought a class action against auditors that failed to detect fraudulent activities in their SMSFs. Michael Chapman, a director at Mackay Chapman ...

iExtend appoints chief operating officer

ELIZA BAVIN  |  WEDNESDAY, 2 APR 2025
... technology-delivered education solution. iExtend chief executive David Sarkis said Hull joins the iExtend team at a crucial time in the business' growth trajectory. "Since iExtend gained its AFSL last year, iExtend has further cemented its place in the ...

RBA flags concerns over 'geopolitical uncertainties'

ELIZA BAVIN  |  WEDNESDAY, 2 APR 2025
The Reserve Bank of Australia (RBA) left interest rates unchanged at 4.1% at the April meeting - coming as little surprise to markets and economists. However, the central bank flagged ongoing uncertainty amid fears US tariffs could impact global growth. ...

Otivo launches AI-powered advice tool

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
... that will give Australians "licensed financial advice" named Ask Otivo. The digital advice platform said the two-way, real-time advice tool is Australia's first AI-powered platform that will provide personalised, regulated, and compliant financial advice. ...

Life insurers keep breaking their own rules: Report

ANDREW MCKEAN  |  TUESDAY, 1 APR 2025
... they're correctly identifying the root causes and assessing whether training is effectively stemming the flow of breaches over time. The most frequently breached Code chapter was claims, with 9698 breaches, broadly in line with the previous year. Breaches ...

Fink takes private markets to next level

KARREN VERGARA  |  TUESDAY, 1 APR 2025
BlackRock chief executive Larry Fink says the fund manager can upend the public-private market divide in the same way it has capitalised on active and passive investing. In his annual letter to investors, Fink said assets in the form of data centres ...

Not one trustee tracked end-to-end claims handling times: ASIC

ANDREW MCKEAN  |  MONDAY, 31 MAR 2025
A review of major superannuation trustees by ASIC found that not even one monitored or reported on the full process of death benefit claims handling. The review of superannuation trustees including, Australian Retirement Trust, Avanteos (Colonial First ...

Pearler Super launches, new FHSSS product imminent

KARREN VERGARA  |  MONDAY, 31 MAR 2025
... favouring all-in-one or diversified ETF options." Meanwhile, HomeSoon, a feature of Pearler Super, will launch in four days' time. "We built Pearler Super to help them build wealth earlier and HomeSoon to give first home buyers much needed help in ...

RBA and ASIC slam the ASX: 'Deeply disappointed'

ELIZA BAVIN  |  MONDAY, 31 MAR 2025
... risk at ASX, following the CHESS batch settlement failure that occurred on 20 December 2024," the letter said. "For some time, the regulators have been raising serious concerns about operational risk at the ASX clearing and settlement facilities. These ...

Insurance in super remains a mystery to millions of Australians

ANDREW MCKEAN  |  FRIDAY, 28 MAR 2025
... already passed that threshold. SCA's view is that the point at which people are being defaulted into insurance is precisely the time when "super funds should do more" to engage them in making decisions about their coverage. "It's clearly in members' ...