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| | | ... of the bill could hurt the economy. Payday Super, which is slated to come into effect on 1 July 2026, was read for the second time yesterday. Addressing the lower house, Treasurer Jim Chalmers said the Treasury Laws Amendment (Payday Superannuation) ... |
| | | | APRA has launched a second round of consultations on the capital framework for longevity products in a bid to tackle the "weak demand" for such products including annuities. The prudential regulator has released several proposals in the next stage of ... |
| | | | ... something Woodall said is "not optional anymore". "It's actually mandatory, because if [Australia is] going to be the second largest [super] system in the world, we need to aspire to deliver global best practice to our customers, and that's exactly ... |
| | | | ... doubling in size over the past decade," said Heather Schaan, president and chief operating officer of Microserve. Schaan is second generation family member for the Canadian business established in 1987. Almost all businesses surveyed have a profits distribution ... |
| | | | ... Federal Capital Partners Fund Manager (FCP). The transaction is expected to close in the first half of 2026, and will be the second private markets acquisition made by Federated Hermes since the beginning of 2025. Based in Maryland, the privately held ... |
| | | | The Australian Financial Complaints Authority's (AFCA) annual review shows that in FY25, and for the second consecutive year, more than 100,000 complaints were lodged. In investments and advice, large scale collapses in the financial advice industry ... |
| | | | MA Financial has reported record inflows of $2.2 billion in the nine months to September, up 41% on the prior corresponding period. Assets under management (AUM) jumped 34% to $13.3 billion in Q3. Inflows continue to grow on strong investor interest ... |
| | | | ... retirement purpose, and the sometimes irrational and panicked investment choices they might make as they chase and try and second guess the market. There are also bad choices made by other people, which can manifest in financial abuse by friends and ... |
| | | | ... at a difficult time." Emotional toll When a death benefit claim is denied or delayed, Sullivan says it can feel like a "second loss" to someone already grieving. "Families may be left confused, angry, or devastated, especially if they were relying on ... |
| | | | 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 ... |
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