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Showing 271 - 280 of 6831 results for "PRA"

Netwealth invokes Part 23 of SIS Act in First Guardian response

JAMIE WILLIAMSON  |  MONDAY, 27 OCT 2025
Netwealth has applied to the government for financial assistance under Part 23 of the Superannuation Industry (Supervision) Act 1993 in order to compensate members impacted by the First Guardian failure. This morning, the listed platform and superannuation ...

Regal Partners makes two senior hires

ELIZABETH FRY  |  THURSDAY, 23 OCT 2025
Regal Partners is expanding its leadership bench with two strategic hires - a new strategy chief and a North American head. Ilana Stringer has joined the ASX-listed specialist alternative investment manager in the newly created role of head of strategy ...

Complaints still too high: AFCA annual review

ANGELIQUE MINAS  |  THURSDAY, 23 OCT 2025
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 ...

Feature: Group insurance | Cold comfort

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
For much of the past year or so, there has been a great deal of focus on the superannuation industry and its processing of insurance claims, largely owing to immense delays at some of the largest institutions. Stories have emerged of the likes of AustralianSuper ...

Listed asset managers trail ASX 200 in 2025: Morningstar

RIDDHIMA TALWANI  |  WEDNESDAY, 22 OCT 2025
Morningstar's research found most ASX-listed asset managers have underperformed the ASX 200 Total Return Index since the start of 2025. The latest industry pulse noted shares of asset managers are likely to remain volatile, as investor sentiment ...

First Guardian shaves $286m off Praemium FUA

MATTHEW WAI  |  TUESDAY, 21 OCT 2025
Praemium has calculated the impact of its exposure to the First Guardian collapse, reducing its total funds under administration (FUA) by close to $300 million. Praemium reduced its FUA by $286 million in relation to First Guardian holdings in the September ...

Public feedback welcomed for Life Code improvements

MATTHEW WAI  |  MONDAY, 20 OCT 2025
The independent review of the Life Insurance Code of Practice (Life Code) has released a consultation paper, setting out key questions to stakeholders and the public on how the Life Code can improve consumer benefits and insurers' conduct. The review ...

APRA flags growing trustee complacency on retirement strategies

RIDDHIMA TALWANI  |  FRIDAY, 17 OCT 2025
APRA is concerned about a growing lack of urgency among superannuation trustees to develop and implement retirement income strategies. APRA deputy chair Margaret Cole, speaking at the Innovation in Retirement conference in Sydney, said the APRA-ASIC ...

Super risks continue as advice gets all clear

ELIZA BAVIN  |  FRIDAY, 17 OCT 2025
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 ...

ASX announces changes following independent review

ELIZA BAVIN  |  FRIDAY, 17 OCT 2025
The ASX said it would implement recommendations from an independent panel review on the process for developing corporate governance principles and recommendations. In June, ASX informed members of the Corporate Governance Council that it had established ...