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Showing 121 - 130 of 7356 results for "System"

Future Fund targets $15m in savings, reviews staffing

RIDDHIMA TALWANI  |  TUESDAY, 14 APR 2026
Future Fund will cut costs by $10 to $15 million in FY27, in a bid to ensure costs and staffing levels remain appropriate for the years ahead. It expects further savings in subsequent years. Australia's sovereign wealth fund said it will achieve ...

ASIC bans former adviser Rhys Reilly for 10 years

KARREN VERGARA  |  MONDAY, 13 APR 2026
... Reilly and the suspension of Conexus's licence were necessary to protect consumers, promote confidence in the financial system and deter similar misconduct by others." Reilly has the right to apply to the Administrative Review Tribunal to review ...

Concerns raised over super switching consultation

ELIZA BAVIN  |  FRIDAY, 10 APR 2026
... government mandates that the fund send a 'we suck' letter to every member," Walsh said. "That letter is effectively a 'system failure' notification. It tells the member: 'Your fund is underperforming. You should consider moving your money.' "The government ...

Super Consumers Australia raises concerns over Treasury reforms

RIDDHIMA TALWANI  |  THURSDAY, 9 APR 2026
... added consumers expect trustees to act as gatekeepers and creating incentives for them to do their job will support a safer system. In the CSLR reforms, Treasury proposes revising the treatment of counterfactual loss for CSLR-eligible financial advice ...

Cbus names new chief technology officer

ELIZA BAVIN  |  THURSDAY, 9 APR 2026
Cbus has appointed Amanda Hagan as its chief technology officer, having not had one since 2024. Cbus said Hagan brings decades of executive leadership experience across healthcare, energy and financial services, with a keen focus on technology development ...

FEATURE: Global equities | Triaging tech's second act

RIDDHIMA TALWANI  |  WEDNESDAY, 8 APR 2026
"I think the odds are on our side." That was the message from Anthropic chief executive Dario Amodei at the World Economic Forum in Davos, as the race for global dominance in artificial intelligence (AI) gains historic pace. Anthropic is building the ...

Treasury proposes lead generator, super switching reforms

KARREN VERGARA  |  WEDNESDAY, 8 APR 2026
... platforms more accountable for the products they offer members. The Enhancing member protections in the superannuation system consultation covers four key issues: making switching superannuation safer, strengthening trustee governance, limiting or better ...

Treasury opens CSLR funding, sustainability consultation

KARREN VERGARA  |  WEDNESDAY, 8 APR 2026
... than $1 billion of their savings at stake. Running in parallel are the enhancing member protections in the superannuation system consumers and lead generation consultations. All three consultations conclude on May 22.

Dimon warns private credit crisis will hurt retail investors most

KARREN VERGARA  |  TUESDAY, 7 APR 2026
JPMorgan Chase chair and chief executive Jamie Dimon says while the current private credit crisis does not pose a systemic risk, retail investors will be among the worst affected should 'anything go wrong'. In his annual letter to shareholders ...

Digital assets framework bill passes, paves the way for consumer confidence

MATTHEW WAI  |  THURSDAY, 2 APR 2026
... the regulatory gap, improve consumer protection, and ensure businesses meet standards like those in the broader financial system. This move was welcomed by the industry. Under the amendment, ASIC is also granted enforcement power over related DAPs and ...