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Showing 141 - 150 of 2993 results for "Problem"

Large financial firms falling behind on AI adoption

ELIZA BAVIN  |  THURSDAY, 6 MAR 2025
... have a significant task ahead to ensure a smooth adoption of the technology. "This is not unique to Australia, it is a problem shared by Europe and by the US, especially by Europe, who's got even more stringent data privacy and therefore risk aversion ...

Global tech companies eyeing super funds

ELIZA BAVIN  |  MONDAY, 3 MAR 2025
... be multiple players or vendors or technologies that need to come in to have a solution that's available or solve a problem. You need to have a concept of this ecosystem." Speakers include representatives from AustralianSuper, JANA, Deloitte, S&P ...

The productivity problem: Good ideas never put to use

ELIZA BAVIN  |  THURSDAY, 27 FEB 2025
The Productivity Commission's (PC) latest Annual productivity bulletin has revealed multifactor productivity growth has been almost non-existent in recent times. The bulletin said a creeping inefficiency and failure to push the boundaries of innovation ...

UniSuper targets 'missing middle' with new digital advice offering

ANDREW MCKEAN  |  FRIDAY, 21 FEB 2025
... lot of time and investment" determining its business requirements first. Rather than looking to a vendor to solve the problem at hand, the fund focused on understanding the needs of its members and its unique capabilities, for example, its advice education ...

Multiple account bungle costs AustralianSuper $27m

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
... year accounts. Schroder said member administration fees did not increase to cover it. "Multiple member accounts are a problem across our industry and for several years our process wasn't comprehensive enough to meet our obligations to members. We've ...

Next decade could bring back the conservative portfolio

ELIZA BAVIN  |  FRIDAY, 21 FEB 2025
Australian Retirement Trust (ART) chief economist Brian Parker told the Financial Standard Chief Economist Forum that investors should be wary of the coming decade, with more volatility expected. "The last 10 to 20 years, we have seen a rising tide ...

CSLR levy pain could hit $123m: FAAA

KARREN VERGARA  |  THURSDAY, 20 FEB 2025
The Compensation Scheme of Last Resort (CSLR) levy could potentially catapult to $123 million in the 2027 financial year, new estimates from the Financial Advice Association of Australia (FAAA) shows. Following the bombshell that the 2026 CSLR levy ...

ASIC proposes further breach reporting relief

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
ASIC is proposing additional relief for financial services businesses, which would scrap the need to report minor or technical breaches that don't result in a financial loss. The relief is intended to ease the compliance load on financial services ...

Housing construction lags broader economy by 49%: PC

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... Some $83 billion was spent on new housing. The Productivity Commission makes seven recommendations to help tackle the problem. The first is for the government to better coordinate housing development and construction approvals. This can be via establishing ...

Super's operational infrastructure 'not quite right'

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
The super sector's "underdeveloped" operational infrastructure has been highlighted as a main area of concern in a new research report from the Conexus Institute. The report highlighted failures in member servicing - which have been heightened in the ...