The latest issue of Financial Standard now available as an e-newspaper

READ NOW

Search Results

Showing 141 - 150 of 2414 results for "Claims"

Jones calls out super sector, hints at more reform

ELIZA BAVIN | THURSDAY, 20 MAR 2025

... increasingly will need." Jones pointed to recent failings in the super sector, particularly when it comes to delayed insurance claims - which he said is "just not good enough". "People are going to look at their superannuation fund in exactly the same ...

Study finds 5000 European ESG funds investing in fossil fuels

JAMIE WILLIAMSON | THURSDAY, 20 MAR 2025

... due for the end of this year, Urgewald's Fiona Hauke said the EU should "show more ambition" in regulating funds with ESG claims. "The SFDR overhaul must cut through the current sustainability jungle by providing clear guidelines," she said. "For all ...

Super fund consolidation to accelerate: Mercer

ANDREW MCKEAN | THURSDAY, 20 MAR 2025

... ASIC through industry reviews and enforcement actions. "This includes a focus on retirement income delivery, insurance claims handling, investment governance and trustee governance. Funds must ensure that they are meeting regulatory expectations in these ...

Active Super fined $10.5m for greenwashing

KARREN VERGARA | TUESDAY, 18 MAR 2025

... Sarah Court said: "This is a significant penalty that sends a strong message to companies making sustainable investment claims that those claims need to reflect the true position." "This case demonstrates ASIC's commitment to taking on misleading ...

'Incompetent' adviser permanently banned by ASIC

MATTHEW WAI | FRIDAY, 14 MAR 2025

... representations when he claimed the investment is capital protected in generating high returns, when there was no basis for these claims. Additionally, ASIC determined Surtenich lacked the "necessary judgement and competence to be a financial adviser" ...

ASIC, ASFA spar over super fund trustees 'not knowing' their business

ANDREW MCKEAN | THURSDAY, 13 MAR 2025

... Australian Governance Summit, Longo pointed to AustralianSuper's alleged delayed processing of nearly 7000 death benefit claims and its failure to merge multiple accounts, Aware Super charging fees for no service, Westpac/ BT incorrectly charging ...

AustralianSuper sued over death benefit delays

JAMIE WILLIAMSON | WEDNESDAY, 12 MAR 2025

Australia's largest super fund is being sued by ASIC over the delayed processing of close to 7000 death benefit claims, with some beneficiaries left waiting four years for a payout. The regulator has commenced federal court proceedings against AustralianSuper ...

IAM mandate grows to $130m

KARREN VERGARA | MONDAY, 10 MAR 2025

... progressed into confidential mediation," IAM said. "In the meantime, IAM continues to incur legal expenses in relation to these claims. The company has notified its insurer of the claims, and the relevant policy coverage is being reviewed by the insu ...

Insurance through superannuation stages a comeback

ANDREW MCKEAN | TUESDAY, 4 MAR 2025

... terminally ill loved one with just weeks to live. Meanwhile, ASIC has turned its attention to AustralianSuper, investigating claims of delays in death benefit payments - raising questions about whether the system designed to protect members is instead ...

SEC drops civil enforcement case against Coinbase

ANDREW MCKEAN | MONDAY, 3 MAR 2025

... its ongoing efforts to reform and renew its regulatory approach to the crypto industry, not on any of the merits of the claims alleged in the action. The agency also clarified that the dismissal doesn't signal a shift in its stance on other ongoing cases. ...

PAGE:

Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

Videos

Brought to you by

SMILE through retirement - tackling the top 5 (Sequencing, Market, Inflation, Longevity, Emotion) retirements risks

The market has changed. The opportunity hasn't.

Global economic outlook and the case for local currency emerging market debt: Resilience, risk, and opportunity

Strength amid noise

Follow the leaders

Maintaining a fundamental focus in a world obsessed with the short term

A guaranteed future

MORE VIDEOS

Products

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.

MORE INFO

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.

MORE INFO

Product Showcases

Putting the spotlight on investment products that matter.

MORE INFO

Expert Feed

Christian Mueller-Glissmann

Head of Asset Allocation Research

Goldman Sachs

When geopolitics becomes a portfolio risk

Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.

READ MORE

Tania Milnes

General Manager Membership

Financial Advice Association Australia

Does association membership still matter?

With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...

READ MORE