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Showing 11 - 20 of 2035 results for "Let"

Westpac fined $26m for financial hardship neglect

KARREN VERGARA  |  WEDNESDAY, 27 MAY 2026
... serious illness or the loss of their job. Instead of providing a safety net for these customers, Westpac's systemic failures let them slip through the cracks," she said. Westpac has since committed to funding and implementing new technology systems and ...

Feature: Private credit | The fine print

RIDDHIMA TALWANI  |  FRIDAY, 22 MAY 2026
JPMorgan Chase chief executive Jamie Dimon grabbed headlines last year when speaking at one of the banking giant's quarterly earnings calls. "When you see one cockroach," he told analysts, "there are probably more." The cockroach Dimon was referring ...

APRA sharpens oversight, flags tech and geopolitical risks

VINNY VUCAGO  |  THURSDAY, 21 MAY 2026
APRA has intensified its supervision of superannuation trustees, insurers and banks as geopolitical instability, rapid artificial intelligence (AI) adoption and growing complexity in global markets reshape the financial risk environment. In its latest ...

Retirees leave 90% of pension unspent: AMP Super

RIDDHIMA TALWANI  |  TUESDAY, 19 MAY 2026
AMP Super retirement director Ben Hillier said on average clients are leaving around 90% of their account based pension unspent at death, which makes it important for adviser to tackle 'regret risk' in retirement. Speaking at the Financial Standard ...

GSFM launches two global private markets funds

MATTHEW WAI  |  MONDAY, 11 MAY 2026
... the listed side. Everyone believes in diversification but it's difficult to get access to the best managers in the world, let alone understand how to combine them efficiently." "These funds now give Australian investors the opportunity to diversify properly ...

Lead generation a 'conveyor belt of harm': Longo

RIDDHIMA TALWANI  |  THURSDAY, 7 MAY 2026
... Furthermore, changes to capture lead generators under the conflicted remuneration ban is also up for consideration. "We wouldn't let someone perform heart surgery just because they've watched a lot of E.R. - therefore we shouldn't let people who aren't ...

Dexus and Boral partner in $10bn project

VINNY VUCAGO  |  TUESDAY, 5 MAY 2026
Dexus has announced a joint venture with Boral to develop a major logistics precinct in Melbourne's western corridor with a potential lettable area of 2.5 million square metres. Dexus chief executive Ross Du Vernet confirmed on the sidelines of the ...

APRA finalises CPS 230 amendments

ELIZA BAVIN  |  THURSDAY, 30 APR 2026
The Australian Prudential Regulation Authority (APRA) has finalised targeted amendments to prudential standard CPS 230 Operational Risk Management. The amendments introduce limited exemptions from specific contractual requirements in CPS 230 for material ...

APRA warns super trustees over AI adoption

VINNY VUCAGO  |  THURSDAY, 30 APR 2026
The Australian Prudential Regulation Authority (APRA) has called on superannuation trustees, insurers and to significantly lift their approach to managing artificial intelligence (AI) risks, warning current practices are not keeping pace with rapid ...

Concerns raised over super switching consultation

ELIZA BAVIN  |  FRIDAY, 10 APR 2026
Financial services consultant Ben Walsh has called out concerns with Treasury's super switching consultation, saying parts of it miss the mark. Walsh said the consultation focuses on "the 'switch' as the point of failure" while ignoring a "massive 'user ...