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Showing 11 - 20 of 4957 results for "Practice"

More advisers go self-licensed to avoid associative risks

MATTHEW WAI  |  THURSDAY, 28 MAY 2026
... Licensing Summit 2026, highlighted that over one in three (35%) financial advisers now operate within a self-licenced practice, a stark contrast to around only 10% over 15 years ago. He noted the growth is a result of the intent to gain better control ...

Heightened cyber threats require greater accountability on governance

MATTHEW WAI  |  WEDNESDAY, 27 MAY 2026
Cyber threats have increased significantly over the past year, and experts are advising financial services businesses to enhance their security framework, not only to shield their digital infrastructure but to also to ensure their governance policies ...

Cbus pushes for lead generator ban

VINNY VUCAGO  |  TUESDAY, 26 MAY 2026
... mechanisms to harvest personal data and funnel consumers toward super switching and investment products. Cbus argued the practice was contributing to consumer harm, pointing to the collapse of the Sheild and First Guardian funds, where more than 11,000 ...

APRA funding levy rises to $253m

KARREN VERGARA  |  TUESDAY, 26 MAY 2026
APRA's funding levy will rise by 4.2% to $253.3 million for the 2027 financial year, Treasury estimates show, with superannuation funds expected to cover one third of this charge. Split across the sectors it regulates, APRA apportioned $81.2 million ...

AFCA appoints lead superannuation ombudsman

VINNY VUCAGO  |  MONDAY, 25 MAY 2026
... as AFCA continues to sharpen its focus on how financial firms implement consumer protection and hardship frameworks in practice. In its latest Systemic Issues Insight Report released last week, AFCA warned that while many financial services firms had ...

ASIC, APRA target insurers' TPD product sustainability

KARREN VERGARA  |  MONDAY, 25 MAY 2026
Regulators are putting the pressure on life insurers to manage problematic issues arising from total and permanent disability (TPD) products offered across the retail and group insurance channels, a recent roundtable heard. ASIC and APRA warned providers ...

Financial services failing to provide consistent outcomes: AFCA

MATTHEW WAI  |  FRIDAY, 22 MAY 2026
... show that despite frameworks existing for consumer hardship, weaknesses arise in how those policies were implemented in practice. The eighth edition of the Systemic Issues Insight Report, which accounts for the complaints received and processed in the ...

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 ...

UniSuper pilots' digital estate planning partnership with Safewill

VINNY VUCAGO  |  THURSDAY, 21 MAY 2026
UniSuper has partnered with online estate planning platform Safewill in a pilot program aimed at simplifying the Will creation process for members and improving awareness around estate planning and superannuation beneficiary nominations. Under the arrangement ...

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 ...