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Showing 301 - 310 of 2371 results for "Aware"

Permanent disablement claims for mental health explodes

ANDREW MCKEAN  |  THURSDAY, 5 DEC 2024
Total and permanent disability (TPD) claims because of mental health for Australians aged 30 to 40 increased by 732% over the past decade, according to a new report by KPMG, commissioned by the Council of Australian Life Insurers (CALI). Although the ...

More work to do on reportable situations compliance, ASIC says

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... employee's induction, if at all, the regulator noted. It also observed indications that complaints-handling staff were not aware of what constitutes an incident or breach, or how to record and escalate one. "Some licensees did not appear to consider ...

Cbus lacks stringent director, expenditure policies: Deloitte

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
An independent review by Deloitte has found little evidence to suggest Cbus' pricey relationship with the CFMEU is in the best financial interests of members. It also found the fund's processes for determining the propriety of board directors ...

Half of advice, super complaints result in no remedy

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... standard of IDR reporting and undertaking a range of activities to strengthen compliance with the regime. "Where we become aware of problems, we will engage with firms to understand the causes, and whether they stem from deficiencies in the firm's underlying ...

Keystone Asset Management to be wound up

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2024
... ADPF against the value of the assets of the ADPF" and "investor funds may have been misapplied." ASIC added that it is now aware that Venture Egg, a Melbourne-based financial advice business that advised clients to invest in Shield, has written to investors ...

Sally Auld to take on chief economist role at NAB

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
... made redundant with two new roles created that were set to report to Michael Saadie. At the time, Financial Standard was aware Auld would take on one of those roles, an expansion of her responsibilities as chief investment officer. Financial Standard ...

The sensitive conversations advisers shy away from

KARREN VERGARA  |  TUESDAY, 3 DEC 2024
... Doing so can lead to some confronting and sensitive discussions either as a couple or separately. "It's also about being aware that you have two individuals you are working with and tailoring your approach to factor in their different levels of understanding," ...

AI no silver bullet for advice process, documentation: Experts

KARREN VERGARA  |  FRIDAY, 29 NOV 2024
... firm employees taking data and feeding it into apps like ChatGPT - particularly the free version. "You've got to be aware that we don't know where that data is always going," he said. Carter said that more than 80% of financial advisers use Microsoft ...

Swan hits back at Bragg: 'That's wrong of you'

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
... "full responsibility" for its failures. "I want to apologise to all those who've been affected. When we first became aware of the magnitude of this problem, [the board] set out to rectify this problem, and something like 80% of unresolved cases have ...

Macquarie fined $25m over 400 fake trades

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... earlier because of significant weaknesses in MBL's systems and controls, some of which the firm had been previously made aware of," the FCA said. "Despite knowing of the weaknesses, MBL failed to put effective and timely plans in place to fix them." ...