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Showing 241 - 250 of 4613 results for "Issues"

Members press super funds for sustainable investments

MATTHEW WAI  |  FRIDAY, 4 APR 2025
... different intensity on that." This also comes as AustralianSuper pulls the plug on its investment in WiseTech over governance issues - an example that Pearce said can be problematic in founder-led companies. "[We're] not going to knowingly go to ...

Sue Brake joins Aware Super committee

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
... and risk management. A director of NZ Super, she currently advises large asset owners on a range of investment-related issues. She was formerly head of strategic advisory for WTW, an external expert on sovereign wealth management for the IMF, senior ...

The tax system is being weaponised to inflict abuse, ombudsman says

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... means there may be a significant cohort of taxpayers who aren't getting the support they need with tax and superannuation issues and are being held liable by the ATO for debts they didn't personally incur," the report said. The ATO said financial abuse ...

APRA hits ANZ with $1bn capital penalty

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
... the weaknesses remain present across the bank. In August 2024, APRA announced several measures in response to the serious issues relating to employee conduct and non-financial risk management emerging in ANZ's Global Markets business. In response, APRA ...

Investors called on to help end modern slavery

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
... "I now have very engaged and informed conversations with directors as they've been forced to get on top of slavery issues inside the boardroom and within companies," he said. "But quite frankly, many have not done much beyond the actual leaders. ...

CSLR costs driven by poor advice: AFCA

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
... AFCA is that conflicted advice models and inappropriate use of self-managed super funds (SMSFs) are the most prevalent issues behind complaints that then lead to CSLR claims." Singh said one in five of the complaints AFCA received in 2024 in investments ...

Life insurers keep breaking their own rules: Report

ANDREW MCKEAN  |  TUESDAY, 1 APR 2025
... previous years, insurers cited human error, staff failing to follow established processes and procedures, and resourcing issues as the main causes of breaches. Human error was the most common factor, accounting for 44% of breaches, up from 36%. Failures ...

Not one trustee tracked end-to-end claims handling times: ASIC

ANDREW MCKEAN  |  MONDAY, 31 MAR 2025
... involved poor customer service, including unreturned calls and dismissed queries, while 78% were delayed due to processing issues within the trustees' control. Additionally, 17% of claimants were identified as experiencing vulnerability, and a third ...

RBA and ASIC slam the ASX: 'Deeply disappointed'

ELIZA BAVIN  |  MONDAY, 31 MAR 2025
... standard from 'partly observed' to 'not observed'. A rating of 'not observed' is made when the RBA has identified serious issues of concern that warrant immediate action. "It is deeply disappointing that the regulators need to take these actions today. ...

Jones clarifies scope of new class of adviser

ANDREW MCKEAN  |  FRIDAY, 28 MAR 2025
... in my mind, end up being consistent with those objectives," he said. "Hypothetical losses, for example, and some other issues. It troubles me, and I think that could, if let run, well and truly get away with us and build irreversible unsustainability..." ...