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Showing 151 - 160 of 4635 results for "Issues"

Complaints still too high: AFCA annual review

ANGELIQUE MINAS  |  THURSDAY, 23 OCT 2025
... relation to group insurance. Delays in claims handling were again the subject of the bulk of complaints, followed by service issues. This year's review was expanded to include Buy Now Pay Later (BNPL) providers. AFCA received 2099 complaints about these ...

Feature: Group insurance | Cold comfort

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... but a failure of their systems. In 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 ...

'We have entered a new economic era': CBA

ELIZA BAVIN  |  WEDNESDAY, 22 OCT 2025
... are flexing their economic and strategic muscle as part of a contest for long-term supremacy," he said. On geopolitical issues, Yeaman said they are the main driver of the new economic era, having led to a "fundamental breakdown of trust" between the ...

ASIC issues interim stop orders to TruePillars

RIDDHIMA TALWANI  |  TUESDAY, 21 OCT 2025
ASIC has told private credit manager TruePillars to halt distribution of its product disclosure statements (PDSs) for two offerings. The interim orders prevent the fund from offering, issuing, selling or transferring interests in the Pooled Unit and ...

ASX releases consultation on shareholder approval requirements

ELIZA BAVIN  |  TUESDAY, 21 OCT 2025
... scale of a listed company's activities. "This consultation paper provides ASX's indicative thoughts on the substantive issues raised through stakeholder engagement in recent months," ASX chief executive Helen Lofthouse said. "I'm pleased we've been able ...

Super risks continue as advice gets all clear

ELIZA BAVIN  |  FRIDAY, 17 OCT 2025
The Australian Financial Complaints Authority (AFCA) has released its Systemic Issues Insights Report for the second half of FY25. The report highlighted that delays in processing superannuation rollovers and withdrawals remain a recurring systemic ...

ASIC targets potential vertical integration in managed accounts

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
... managed accounts products in the form of separately managed accounts (SMAs). Deloitte Access Economics highlighted these issues to ASIC in 2021 when it saw that the structure of managed accounts can potentially lead to conflicts of interest. The research ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... hurdles that are required to get a product onto platforms and distributed to retail investors." Gosselin says one of the main issues within the financial services industry is the fact that investment funds themselves typically pay research houses to ...

Can IPOs ever recover? Experts aren't sure

MATTHEW WAI  |  WEDNESDAY, 15 OCT 2025
... billion of capital that's going out, and $25 billion that's gone in; you've certainly got those leaky bucket issues around that as well. "It continues to be something we look at every time we exit... in parallel, there's obviously been ...

APRA lifts final Westpac capital add-on

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
... specific prudential weaknesses identified in its culture, governance and accountability, and address the root causes of these issues. Westpac then established the Customer Outcomes and Risk Excellence (CORE) Program and appointed an independent reviewer. ...