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Showing 121 - 130 of 4611 results for "Issues"

APRA tackles 'weak demand' for longevity products in second consultation

KARREN VERGARA  |  WEDNESDAY, 29 OCT 2025
... feedback on draft prudential standards until December 17. The first round of consultation, which was held in June, tackled two issues: that the framework imposes relatively conservative capital requirements and it is insufficiently risk sensitive and ...

Kenya to establish sovereign wealth fund

JAMIE WILLIAMSON  |  TUESDAY, 28 OCT 2025
... Bank estimates its real GDP will increase from 4.5% this year to 5% in FY27. However, the country still faces structural issues around insufficient job creation and low wages, particularly for young people, the World Bank notes.

Actuaries Institute makes proposal to close advice gap

ELIZA BAVIN  |  TUESDAY, 28 OCT 2025
... It said while the DBFO reforms, once complete, should significantly increase access to affordable support on financial issues, they still require some refinement to fully realise their potential. "Key areas include clearer advice definitions, legislative ...

Challenger, Iress partner for retirement income solution

ELIZA BAVIN  |  TUESDAY, 28 OCT 2025
... and complex regulatory requirements," Willmer said. "We're delighted to be partnering with Challenger to address these issues and provide a more integrated and streamlined advice process by facilitating an industry solution that transforms awareness ...

Shield, First Guardian fallout calls for tougher scrutiny on research houses, licensee governance

MATTHEW WAI  |  FRIDAY, 24 OCT 2025
... flawed, or that conflicts aren't correctly managed in many cases, but Shield and First Guardian highlight the potential issues." To resolve the current system, Gosselin said a research house should hold an AFSL and improve the transparency and accuracy ...

FEATURE: Fund admin | Tight Ship

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... outsourced member administration service industry are not offering enough flexibility in that regard. "There are also core issues around accessibility of data in a timely manner. It's our focus to provide better solutions to the super funds on those ...

Complaints still too high: AFCA annual review

ANGELIQUE MINAS  |  THURSDAY, 23 OCT 2025
... relation to group insurance. Delays in claims handling were again the subject of the bulk of complaints, followed by service issues. This year's review was expanded to include Buy Now Pay Later (BNPL) providers. AFCA received 2099 complaints about these ...

Feature: Group insurance | Cold comfort

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... but a failure of their systems. In March, ASIC's claims handling report found 78% of delays were caused by processing issues within the trustees' control. Just 48% of claims were paid within 90 days. The most horrifying finding? A trustee that ...

'We have entered a new economic era': CBA

ELIZA BAVIN  |  WEDNESDAY, 22 OCT 2025
... are flexing their economic and strategic muscle as part of a contest for long-term supremacy," he said. On geopolitical issues, Yeaman said they are the main driver of the new economic era, having led to a "fundamental breakdown of trust" between the ...

ASIC issues interim stop orders to TruePillars

RIDDHIMA TALWANI  |  TUESDAY, 21 OCT 2025
ASIC has told private credit manager TruePillars to halt distribution of its product disclosure statements (PDSs) for two offerings. The interim orders prevent the fund from offering, issuing, selling or transferring interests in the Pooled Unit and ...