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Showing 301 - 310 of 4153 results for "Action"

FNZ faces revolt from employee shareholders

KARREN VERGARA  |  TUESDAY, 29 APR 2025
... US$4.5 billion with three capital raises in 12 months. A group of past and present FNZ employees are threatening a class action against FNZ, alleging the dilution of ownership undermines their hard work and dedication to the company and effectively transfers ...

Super lobbies welcome bipartisan support to fight financial abuse

ELIZA BAVIN  |  MONDAY, 28 APR 2025
... Commonwealth taxation, welfare and superannuation systems where practicable to eradicate financial abuse" and "take strong action against perpetrators to end their abuse in all forms". SMC chief executive Misha Schubert said there was an urgent need ...

Bravura chief exits: 'Right time to step aside'

ELIZA BAVIN  |  MONDAY, 28 APR 2025
... executive. "I joined Bravura at a very challenging and critical time requiring difficult decisions to be made and fast action to be taken to restore profitability and restructure the company, whilst at the same time improving engagement with our customers ...

REITs see best start versus equities in a decade: Principal AM

ANDREW MCKEAN  |  THURSDAY, 24 APR 2025
Listed real estate investment trusts (REITs) are off to one of their strongest starts relative to equities in the past decade, according to Principal Asset Management, which sees the asset class as a compelling opportunity for navigating a challenging ...

Spender criticises Labor's 'lack of urgency' on advice reforms

ELIZA BAVIN  |  THURSDAY, 17 APR 2025
... the federal election on May 3, independent member for Wentworth Allegra Spender criticised the government for its lack of action on urgent advice reforms. Speaking at the Financial Advice Association Australia's (FAAA) federal election financial ...

Coalition targets 'ambitious' goal of 30k advisers

ELIZA BAVIN  |  TUESDAY, 15 APR 2025
... advisers. A numerical target for rebuilding adviser numbers is a helpful signal of intent, though this must be matched by action that makes the profession more viable and attractive to new entrants. "We continue to advocate for concrete reform to CSLR ...

'Crises happen': Investors reminded to stay calm

ELIZA BAVIN  |  WEDNESDAY, 9 APR 2025
... response. To shift from a knee-jerk reaction to a more logical and reasoned one. For most investors, the best course of action will be to stay calm, stick to your plan and, rather than be scared by volatility, be alive to the opportunities that it may ...

Cyberattacks on super funds expose 'critical vulnerability'

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
... need" for proactive dark web monitoring, as knowing when member credentials are compromised allows funds to take immediate action before attackers can exploit them. Commonwealth Superannuation Corporation recently told Financial Standard how it is actively ...

Cybercriminals attack major super funds

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
... to 600 members' stolen passwords to login into their accounts in attempts to commit fraud. "While we took immediate action to lock these accounts and let those members know, there are things members can do right now to protect themselves online. ...

The super fund scouring the dark web to protect members

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
A compromised identity could result in financial harm, including the loss of superannuation savings, a particularly prominent risk given the volume of members' personal data available for sale. This super fund is fighting back with a novel approach. ...