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Showing 131 - 140 of 378 results for "Safeguard"

BNPL to be regulated under Credit Act

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
... minister for financial services Stephen Jones said the "unregulated and unchecked" BNPL market would be overhauled to safeguard vulnerable consumers. "Today I am proud to announce that the government will change the law, so that BNPL products are regulated ...

APRA finalises rules for financial crisis readiness

ANDREW MCKEAN  |  FRIDAY, 19 MAY 2023
... resolve issues with "limited" adverse impacts on the community and financial system. Another function of CPS 900 is to safeguard the continuity of "critical financial services", minimising disruptions in the event of institutional instability. Yesterday ...

EG expands into private debt market

CHLOE WALKER  |  THURSDAY, 18 MAY 2023
... unique data, collected for more than 20 years, will also ensure that risks and credit quality are thoroughly assessed to safeguard investor funds," EG said. EG head of private wealth Rodney Walk said after extensive consultation, the group is confident ...

Super funds must prioritise member experience: Consultant

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
... industry. Earlier this year, NGS Super suffered a cyber-attack whereby members had their private data compromised. To safeguard members' interests, superannuation funds need to strengthen their predictive and prescriptive analytics capabilities to ...

Supercharging Australia's climate investment action

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... in many aspects of these programs, the government will enhance the disclosure frameworks encapsulated within the 2023 Safeguard Mechanism legislation. For example, it will develop a purpose-built Sustainable Finance Taxonomy, introduce a Sovereign Green ...

Australian Retirement Trust reduces fees, ups premiums

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... committed to offering value-for-money insurance cover to protect them and their families when they need it most, as well as safeguard their financial future." At the same time, ART said it is making changes to its group insurance offering based on feedback ...

Industry funds gain ground in retirement asset battle: KPMG

ANDREW MCKEAN  |  FRIDAY, 5 MAY 2023
Industry funds are gaining ground in the battle for retirement assets, with their market share increasing 2% between 2021 and 2022, challenging the retail sector's long-standing dominance in pension accounts. According to a KPMG report, although ...

Australians want super safeguard: ISA

CASSANDRA BALDINI  |  MONDAY, 3 APR 2023
... out of super resulting in up to $2.50 extra added to future pension costs. "Having super's purpose in our law will safeguard members money for generations to come and stop governments repeating disasters like the early release of super scheme - which ...

We need to be ready: APRA

CASSANDRA BALDINI  |  WEDNESDAY, 29 MAR 2023
APRA is looking to further safeguard Australia's banking system following recent global events, warning economic ripple effects can still be felt across the pond. In an address on Tuesday, APRA chair John Lonsdale said no matter how resilient the ...

The four stages of retirement

CHLOE WALKER  |  WEDNESDAY, 22 MAR 2023
When it comes to retirement, the Demographics Group director and co-founder Simon Kuestenmacher believes there are four very predictable stages for super funds to be aware of. Speaking at the Conference of Major Superannuation Funds in Melbourne, Kuestenmacher ...