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Showing 251 - 260 of 3956 results for "Whether"

Three AFS licensees pinged over compliance breaches

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... said registration requirements are an "important consumer protection" because it confirms AFS licensees have assessed whether their advisers are "fit and proper," and that they meet the applicable education and training standards. "Failure to register ...

UGC's AFCA membership to cease

KARREN VERGARA  |  MONDAY, 7 APR 2025
... be able to comply with any AFCA determinations requiring it to pay compensation to complainants, AFCA needs to consider whether any UGC complaint it receives is within the scope of the Compensation Scheme of Last Resort (CSLR)," AFCA said. The failure ...

Market turmoil hits portfolios

ELIZA BAVIN  |  FRIDAY, 4 APR 2025
... announcement is close to a worst-case scenario and the odds of a US/global recession have clearly increased. Much will turn on whether [the] announcements represent the end of global trade uncertainty, or just beginning," Bassanese said. "For Australia ...

The super fund scouring the dark web to protect members

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... organisational maturity. As part of that process, the fund implemented a requirement to proactively monitor and measure whether employee data appeared in public repositories, including the dark web. However, the fund's analysis revealed that much of ...

APRA hits ANZ with $1bn capital penalty

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
... business. In response, APRA required ANZ to commission an independent review to determine the root causes of the issues, whether they extend beyond the Global Markets business and if the bank's existing multi-year remediation program would be sufficient ...

ASIC tiptoes around private markets intervention

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
... 1990 and 2024. "Listings on our public markets have been in decline for some time, so we need to understand more about whether that's a problem or not. In the private markets, we're seeing increasing levels of investment by people particularly ...

Life insurers keep breaking their own rules: Report

ANDREW MCKEAN  |  TUESDAY, 1 APR 2025
... always play a role in addressing breaches, insurers must ensure they're correctly identifying the root causes and assessing whether training is effectively stemming the flow of breaches over time. The most frequently breached Code chapter was claims ...

Otivo launches AI-powered advice tool

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
... tested this, and we have a real time auditing process which goes over the answers and actually uses another AI to determine whether a message should be flagged or not. Then a human follows up on those replies made by the AI. So, we have an automated ...

Queensland adviser banned for five years

MATTHEW WAI  |  MONDAY, 31 MAR 2025
... exemptions were allowed. The banning has taken effect on March 24 but allows Thomson to: until 31 August 2025, control, whether alone or in concert with one or more other entities, each of Balanced Life Financial Group Pty Ltd (BLFG) and Balanced Life ...

Insurance in super remains a mystery to millions of Australians

ANDREW MCKEAN  |  FRIDAY, 28 MAR 2025
... don't know about or understand, according to Super Consumers Australia (SCA). SCA found that 19% of people are unsure whether they have insurance in their super and a further 9% don't know what their policies cover. More than half of young adults also ...