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Showing 141 - 150 of 2962 results for "Control"

Feature: Group insurance | Cold comfort

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... 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 took over 500 days to pay a claim ...

Adviser banned after $11.3m loss

ELIZA BAVIN  |  WEDNESDAY, 22 OCT 2025
... financial services, perform one or more functions as an officer of an entity that carries on a financial services business, or control an entity that carries on a financial service business," ASIC said. ASIC banned Northcott on April 28, but on April ...

Capital Group takes stake in Qualitas

KARREN VERGARA  |  TUESDAY, 21 OCT 2025
... Group declined to comment on acquiring the stake. Schwartz and his associated entities continue to hold and have voting control over 57.3 million Qualitas shares or nearly 19% of the issued capital. Qualitas' 2025 annual report shows that Schwartz's ...

Qualitas co-founder trades in equity for $53m

KARREN VERGARA  |  MONDAY, 20 OCT 2025
... shareholder in the company." Following the sale, Schwartz and his associated entities will continue to hold and have voting control over 57.3 million Qualitas shares or some 19% of the issued capital. Qualitas independent chair Andrew Fairley assured ...

APRA flags growing trustee complacency on retirement strategies

RIDDHIMA TALWANI  |  FRIDAY, 17 OCT 2025
APRA is concerned about a growing lack of urgency among superannuation trustees to develop and implement retirement income strategies. APRA deputy chair Margaret Cole, speaking at the Innovation in Retirement conference in Sydney, said the APRA-ASIC ...

Super risks continue as advice gets all clear

ELIZA BAVIN  |  FRIDAY, 17 OCT 2025
... lies in the scale of potential exploitation. Given the long-term and high-value nature of super savings, even a single control failure can have wide-reaching consequences." The superannuation sector was also called out for having outdated or fragmented ...

Former Statewide Super executives acquitted

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
Two former Statewide Super executives who were terminated by the fund and then charged with dishonesty offences have been acquitted. In January 2020, Statewide Super terminated its chief risk officer Kieran Netting and chief financial and operating ...

New 100% tariffs on China: Another TACO moment?

KARREN VERGARA  |  TUESDAY, 14 OCT 2025
As the US threatens more outlandish tariffs on China, investment experts foresee more market volatility in the short term with neither side backing down. But will US President Donald Trump once again "chicken out"? Trump roiled investor confidence last ...

ASIC exposes holes in managed funds' offshoring cyber controls

KARREN VERGARA  |  MONDAY, 13 OCT 2025
Responsible entities (REs) of managed funds lack robust risk management practices when it comes to the cyber and security risks relating to services they offshore, according to ASIC. A review of 30 REs found that more than half or 17 rely on offshore ...

ASIC slams licensees' lax offshoring governance

KARREN VERGARA  |  FRIDAY, 10 OCT 2025
... ensure risks are managed appropriately. This puts advice firms' data and technology at risk. It also risks the loss of control over some outsourced tasks or business functions that can impede the ability to protect the confidentiality of business and ...