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Showing 171 - 180 of 4464 results for "Case"

FEATURE: Problem detected

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... financial institutions, Northern Trust head of Australia and New Zealand Leon Stavrou points out that this is already the case, to an extent. Asset servicing banks and super funds are regulated by APRA, and these institutions must comply with Prudential ...

Cbus vows faster death benefit payouts

KARREN VERGARA  |  TUESDAY, 16 SEP 2025
After being caned by ASIC for making beneficiaries wait for more than 90 days to receive a death benefit, Cbus is vowing to pay them faster. Where members have not nominated a beneficiary, Cbus said benefit payments will be paid to the surviving current ...

Insurers' approaches reinforcing mental health stigma: Life CCC

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
The Life Insurance Code Compliance Committee (Life CCC) has found many insurers are still using blanket mental health exclusions despite being required to assess customers' individual circumstances. Releasing its report on life insurers' compliance ...

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
... its risk and compliance culture that "require the board's and executives' urgent attention". "In the bond trading case, ANZ was in a trusted position and its conduct had the potential to reduce the amount of funding available to the government. ...

AMP settles class action for $120m

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... superannuation system, and the financial security of Australians is placed at risk when those principles fall by the wayside." The case was initiated in 2019 following revelations during the Hayne Royal Commission into Misconduct in the Banking, Superannuation ...

Retirees unfairly targeted by tax: HESTA

ELIZA BAVIN  |  FRIDAY, 12 SEP 2025
Australians receiving the Age Pension are often subjected to higher marginal tax rates of 60% to 80%, disincentivising them from being more active in the workforce, new research from HESTA suggests. The research said in some extreme cases, these rates ...

Advisers favour third-party support in product selection

MATTHEW WAI  |  MONDAY, 8 SEP 2025
Research and asset consultants continue to play a pivotal role in financial advisers' product selection, especially in managed accounts and superannuation, Investment Trends says. According to its 2025 Adviser Product and Marketing Needs Report, which ...

FEATURE: Hyped up

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... and you'll eventually become more streamlined because you can outsource part of what you do to that person. But in this case, you can outsource it to AI, which is awesome." An April study by KPMG and the University of Melbourne found that nearly ...

Super funds test cybersecurity resilience

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
... continue to say how seriously they take it all. And plainly, they don't," Phair said. APRA is also on super funds' case, pushing for basic protections such as multi-factor authentication (MFA). Off the back of the coordinated attacks, APRA forced ...

FAAA calls for other sectors to help pay $67m CSLR bill

ELIZA BAVIN  |  WEDNESDAY, 3 SEP 2025
In its submission to the Treasury consultation on the Compensation Scheme of Last Resort (CSLR) Special Levy for 2025/26, the Financial Advice Association Australia (FAAA) said financial advisers should not be expected to pay more than the $20 million ...