Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 301 - 310 of 4676 results for "Issues"

Breaches continue as Cbus confirms 'unusual behaviour'

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
... are continuing." Cbus said it is constantly monitoring for threats and warned some members may experience intermittent issues with the app and member portal, as well as longer wait times over the phone, due to higher than usual traffic. "We apologise ...

Cyberattacks on super funds expose 'critical vulnerability'

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
... impacted super funds to support safe outcomes for members. APRA is also working closely with trustees who've reported issues to ensure members' financial interests are protected.

Aussies need help to navigate the great wealth transfer: Fidelity

MATTHEW WAI  |  FRIDAY, 4 APR 2025
... of the commentary has been focused on the positives of an inheritance and how this could help younger Australians with issues such as housing affordability. However, it is clear that there are also some concerns," Jackson said. "Our research suggests ...

Members press super funds for sustainable investments

MATTHEW WAI  |  FRIDAY, 4 APR 2025
... different intensity on that." This also comes as AustralianSuper pulls the plug on its investment in WiseTech over governance issues - an example that Pearce said can be problematic in founder-led companies. "[We're] not going to knowingly go to ...

Sue Brake joins Aware Super committee

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
... and risk management. A director of NZ Super, she currently advises large asset owners on a range of investment-related issues. She was formerly head of strategic advisory for WTW, an external expert on sovereign wealth management for the IMF, senior ...

The tax system is being weaponised to inflict abuse, ombudsman says

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... means there may be a significant cohort of taxpayers who aren't getting the support they need with tax and superannuation issues and are being held liable by the ATO for debts they didn't personally incur," the report said. The ATO said financial abuse ...

APRA hits ANZ with $1bn capital penalty

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
... the weaknesses remain present across the bank. In August 2024, APRA announced several measures in response to the serious issues relating to employee conduct and non-financial risk management emerging in ANZ's Global Markets business. In response, APRA ...

Investors called on to help end modern slavery

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
... "I now have very engaged and informed conversations with directors as they've been forced to get on top of slavery issues inside the boardroom and within companies," he said. "But quite frankly, many have not done much beyond the actual leaders. ...

CSLR costs driven by poor advice: AFCA

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
... AFCA is that conflicted advice models and inappropriate use of self-managed super funds (SMSFs) are the most prevalent issues behind complaints that then lead to CSLR claims." Singh said one in five of the complaints AFCA received in 2024 in investments ...

Life insurers keep breaking their own rules: Report

ANDREW MCKEAN  |  TUESDAY, 1 APR 2025
... previous years, insurers cited human error, staff failing to follow established processes and procedures, and resourcing issues as the main causes of breaches. Human error was the most common factor, accounting for 44% of breaches, up from 36%. Failures ...