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Showing 111 - 120 of 1124 results for "Notice"

Hostplus' AFCA complaint response times lag

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... would support a sharpened focus on member outcomes beyond individual funds. "A mandatory code of conduct puts everyone on notice and serves to uplift the performance of the entire industry when it comes to service standards," he said. "A code would make ...

Settlement reached in Caddick class action

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
A settlement has been reached in the class action filed in the Federal Court against auditors for SMSFs run by Melissa Caddick. The class action - led by Melbourne-based law firm Mackay Chapman - was filed on behalf of 21 original group members. Just ...

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... claims efficiently, saying it has seen "consistently weak" practices and "operational failures." ASIC put super funds on notice, writing to chief executives to express its concerns over death benefit claims processing times across the industry. The regulator ...

ASIC flags 'consistently weak' claims processes

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... claims efficiently, saying it has seen "consistently weak" practices and "operational failures." ASIC has put super funds on notice, writing to chief executives to express its concerns over death benefit claims processing times across the industry. The ...

Treasury consults on beneficial ownership disclosure reforms

JAMIE WILLIAMSON  |  FRIDAY, 15 NOV 2024
... relation to failures to comply with the new obligations. Journalists and academic would also be able to inspect tracing notice registers free of charge. Among other things, Treasury is consulting on what impact the changes would have on entities' regulatory ...

Second bidder enters SelfWealth takeover talks

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
The proposed takeover of SelfWealth heats up as AxiCorp Financial Services attempts to ensnare the trading platform from Bell Financial Group (BFG). AxiCorp has lobbed a bid of 23 cents per SelfWealth share, one cent more than what BFG proposed on Wednesday. ...

Fair Work ruling, ASIC put offshoring arrangements on notice

KARREN VERGARA  |  THURSDAY, 14 NOV 2024
Fair Work Australia's (FWA) recent ruling in favour of a Philippines-based worker to bring an unfair dismissal case against the former employer could serve as a warning for financial services firms who rely on offshoring, as the corporate regulator ...

Systemic issues impact 20k consumers: AFCA

MATTHEW WAI  |  MONDAY, 11 NOV 2024
... premiums backdated to the date of cancellation, AFCA said. Life insurance A life insurer failed to provide the correct notice of a policy cancellation due to delays in mail processing caused by the Christmas shutdown period, impacting 145 policies. AFCA ...

'No alternative': ESSSuper sues Iress

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
The $37 billion superannuation fund is suing Iress, saying there has been numerous incidents and breaches since they partnered which have had a material impact on the fund and its members. ESSSuper has filed Federal Court proceedings against Iress and ...

Cole puts funds on notice as expenditure data is revealed

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
APRA has published the in-depth data on super funds' expenditure from marketing costs and payments to industrial bodies to spending on member services, as the regulator puts a spotlight on how member money is being spent. AustralianSuper had the ...