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Showing 1 - 10 of 4247 results for "Action"

CALI outlines Life Code changes

ELIZA BAVIN  |  THURSDAY, 1 OCT 2026
Australia's life insurers have set out their action plan with an aim to strengthen their commitments to customers under the Life Insurance Code of Practice (Life Code), following an independent review commissioned by the industry. The industry has committed ...

Metrics freezes redemptions behind listed funds as audit stalls

RIDDHIMA TALWANI  |  WEDNESDAY, 30 SEP 2026
... lodged. ASIC recently urged the private credit sector to uplift standards, noting participants should prepare for enforcement action if they fail to do so. ASIC commissioner Simone Constant said the regulator is now "beyond warnings" and pushed players ...

APRA flexes fresh powers, zeros in on trustees

ELIZA BAVIN  |  WEDNESDAY, 30 SEP 2026
... available to members. Investment choice must be supported by consistently strong safeguards, rigorous oversight and timely action when risks emerge. The failures of Shield and First Guardian demonstrate the serious harm that can occur when members accumulate ...

ASIC sets FY27 priorities straight

VINNY VUCAGO  |  WEDNESDAY, 30 SEP 2026
ASIC has outlined its supervisory priorities for 2026-27 with reviews of artificial intelligence (AI), member services and advice fee deductions among the areas of focus for financial services firms. The regulator has published sector-specific supervisory ...

Chalmers applauds $22bn Budget deficit

ELIZA BAVIN  |  TUESDAY, 29 SEP 2026
... budget improvement, we recognise that structural pressures are intensifying rather than easing and we're taking decisive action to address some of the biggest spending pressures on the Budget," he said. "The government is focused on building a more productive ...

Former Big Un chief escapes prison time for insider trading

MATTHEW WAI  |  MONDAY, 28 SEP 2026
... prosecuted by the Office of the Director of Public Prosecutions (CDPP) following a referral from ASIC. ASIC previously took action against four additional people associated with Big Un, including its former chief financial officer Andrew Corner, who ...

Netwealth to defend First Guardian class action

RIDDHIMA TALWANI  |  FRIDAY, 25 SEP 2026
Netwealth will defend a class action brought against it by Keily McCrosson, a boutique law firm based in Melbourne, around the collapse of First Guardian. Netwealth said it subsidiaries Netwealth Investments and Netwealth Superannuation Services have ...

Product Showcase: Making group insurance count

THE FINANCIAL STANDARD TEAM  |  THURSDAY, 24 SEP 2026
... while 14% admitted they had never looked into it. Advisers can help bridge that gap, not just through awareness but through action. The same study found that 48% of Australians would look to a financial adviser for insurance advice if their circumstances ...

ASX still falling short of RBA's expectations

ELIZA BAVIN  |  THURSDAY, 24 SEP 2026
The Reserve Bank of Australia's (RBA) annual assessment of the ASX's clearing and settlement (CS) facilities has found the market operator is still not meeting the mark. The ASX CS facilities were rated as having 'observed' or 'broadly observed' many ...

Retirement confidence lags as investors turn to AI

VINNY VUCAGO  |  WEDNESDAY, 23 SEP 2026
... savings to work for the future. Many people understand the importance of investing, yet too many still hesitate to take action."
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