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Showing 261 - 270 of 2764 results for "protection"

What Labor's second term means for regulators

KARREN VERGARA  |  TUESDAY, 6 MAY 2025
... the familiarity with the people in power they deal with. The election left several reforms hanging, such as the scams protection framework, Delivering Better Financial Outcomes 2 (DBFO) and unfair trading prohibition. The election also upended the highly ...

AFCA highlights 'pattern of delays' in super

ELIZA BAVIN  |  TUESDAY, 29 APR 2025
... one case, a system error in a super fund's insurance cancellation process led to the erroneous cancellation of Income Protection insurance for members when they left their employment. This issue affected over 1500 members and resulted in remediation ...

DII drives life insurance disputes: APRA

KARREN VERGARA  |  THURSDAY, 17 APR 2025
... its sustainability, profitability, pricing and actual benefits delivered to policyholders. Otherwise known as income protection insurance, DII replaces policyholders' income in the event they are unable to work due to illness or injury. APRA said ...

Shield Master Fund terminated, new receivers for Keystone Asset Management

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
The Shield Master Fund (SMF) has been terminated while its responsible entity Keystone Asset Management (KAM) has been appointed a new receiver and administrator. The troubled SMF was terminated on April 10 after the new receiver, Alvarez & Marsal ...

IAM to bring managed account with syndicated loan access to market

MATTHEW WAI  |  WEDNESDAY, 16 APR 2025
... yields comparable to maturing ASX-listed hybrids, it said. The focus on syndicated loans can provide stronger investor protection, rigorous due diligence, and alignment with banking syndicates in the event of restructuring or defaults, IAM said. The ...

Short-term noise reinforces long-term investment thinking: ART

KARREN VERGARA  |  FRIDAY, 11 APR 2025
... string to our diversification bow," Parker said. Private assets also provide a bigger opportunity set, some inflation protection, "a smoother ride and a return premium". "Is there likely to be a premium for illiquidity? We think the answer is absolutely ...

New SEC chair affirmed, FCA chief reappointed

MATTHEW WAI  |  FRIDAY, 11 APR 2025
... the financial services industry to best serve clients in the modern marketplace while continuing to ensure investor protection." Brown said the appointment will prove crucial to navigate the current uncertainty. "With the ongoing market volatility and ...

Three AFS licensees pinged over compliance breaches

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... "relevant financial products" without being registered. ASIC 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 ...

Cyberattacks on super funds expose 'critical vulnerability'

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
The spate of cyberattacks targeting major Australian superannuation funds has laid bare a "critical vulnerability" in the sector's defences, according to financial services cybersecurity consultancy firm Software@Scale. The attacks, which have so ...

Cybercriminals attack major super funds

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
Cybercriminals attempted to breach the systems of several superannuation funds over the weekend, although most attacks were repelled, thousands have been affected. Rest said fewer than 1% of its members have been affected by unauthorised activity on ...