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Showing 291 - 300 of 6831 results for "PRA"

Insurers design framework for dealing with mental health claims

MATTHEW WAI  |  MONDAY, 13 OCT 2025
The Council of Australian Life Insurers (CALI) is developing an industry action plan for mental health claims over the next 12 months, working with an expert panel from related fields to ensure claimants are assessed appropriately. The framework will ...

ASIC cancels CPG Research & Advisory's AFSL

RIDDHIMA TALWANI  |  FRIDAY, 10 OCT 2025
ASIC has cancelled CPG Research & Advisory's AFSL, which is linked to the now-defunct Linchpin Capital, effective October 7. The cancellation comes after CPG ceased to carry on a financial services business and failed to pay industry funding levies ...

ASIC slams licensees' lax offshoring governance

KARREN VERGARA  |  FRIDAY, 10 OCT 2025
Most financial advice licensees that rely on offshore service providers (OSPs) fail to adequately assess, monitor and audit their arrangements thus putting their processes and business at risk, a new ASIC investigation reveals. ASIC's review of 10 financial ...

ASIC reports 50% jump in investigations in FY25

RIDDHIMA TALWANI  |  THURSDAY, 9 OCT 2025
ASIC has reported an increase of 50% in investigations and an almost 20% rise in new civil enforcement proceedings in the financial year 2025. In its report for the full year, ASIC highlighted a ramp up in its enforcement activity and work to address ...

HUB24 launches new client reporting solution

ANGELIQUE MINAS  |  THURSDAY, 9 OCT 2025
HUB24 has launched a new client reporting tool, Engage. The solution aims to help financial advisers create transparent and timely reports for custody and non-custody asset investments. HUB24 said advisers spend 57% of their time engaging in client-facing ...

Annual ReCALIbrate recipients named

ANGELIQUE MINAS  |  WEDNESDAY, 8 OCT 2025
The 2025 recipients of the Council of Australian Life Insurers' (CALI) third annual ReCALIbrate program have been announced. The five beneficiaries are Whitsunday Wealth financial adviser Zoe Kennedy, Parachute Cover life insurance specialist Natalie ...

Platform trustees told to improve investment governance

JAMIE WILLIAMSON  |  TUESDAY, 7 OCT 2025
The regulator has written to platform trustees in the wake of the First Guardian and Shield Master Fund collapses, alerting them to the need to strengthen their investment governance processes. In its letter, it shared initial findings from the thematic ...

Clime gains ground on culture, business model reset

KARREN VERGARA  |  FRIDAY, 3 OCT 2025
Not done with pulling Clime Investment Management out of the red, managing director Michael Baragwanath's bold plans to turn the ship around entail a product and culture overhaul, and even giving away his short-term incentives (STI) to staff. After ...

Alphinity takes global fund to UK, Europe

ANGELIQUE MINAS  |  FRIDAY, 3 OCT 2025
Australian boutique Alphinity Invesment Management (Alphinity) has expanded into the UK and Europe with the launch of a global equity fund. and Europe with the launch of a global equity fund. The Alphinity Global Equity Fund offers investors exposure ...

Prime Super recruits product veteran

ELIZABETH FRY  |  THURSDAY, 2 OCT 2025
Prime Super has bolstered its leadership team with the appointment of two experienced executives from Active Super, bringing deep industry expertise product development and member services. Renee Tkalec joins the asset owner as head of product bringing ...