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Showing 311 - 320 of 4957 results for "Practice"

Future Group positions super offerings for growth

JAMIE WILLIAMSON  |  FRIDAY, 11 APR 2025
As part of Future Group's broader plans to scale, Future Super and Verve Super are set to be merged into the Smart Future Trust, giving members of each a completely new menu of investment options for less. From May 23, the Future Super Fund, including ...

WTW promotes local staffers

ELIZABETH FRY  |  THURSDAY, 10 APR 2025
... Before joining WTW, he was a senior consultant in EY's actuarial banking and capital markets team within the advisory practice. This role focused predominately on assessing market risk for the big four Australian banks and state treasury corporations ...

Paying more fees doesn't speed up superannuation death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 10 APR 2025
Paying higher superannuation fees doesn't equate to getting death benefits paid out faster, according to research by Super Consumers Australia (SCA). In the wake of a review by ASIC into death benefit claims handling practices of superannuation trustees ...

RBA flags 'policy changes' could derail super

ELIZA BAVIN  |  FRIDAY, 4 APR 2025
The Reserve Bank of Australia (RBA) has said the superannuation sector being derailed by liquidity challenged could pose a threat to the country's financial stability. In the RBA's April Financial Stability Review, the bank said while super funds are ...

WTL mergers three advice firms amid joint venture

KARREN VERGARA  |  FRIDAY, 4 APR 2025
... Australia. "The capital and strategic resources provided by Investco will help drive expansion while preserving each practice's entrepreneurial flair," Cullen said. McLean said: "We're bringing together three likeminded teams with shared values. Hubco ...

New gig for Challenger's ESG specialist

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
... their investment portfolios. O'Meara started her career as a risk and compliance analyst within the EY consulting practice before moving to the Pendal Group after three years. She joined Challenger as a risk professional in 2016 but quickly moved ...

APRA hits ANZ with $1bn capital penalty

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
The Australian Prudential Regulatory Authority (APRA) has accepted a Court Enforceable Undertaking (CEU) from ANZ to address ongoing weaknesses in the bank's non-financial risk management practices and risk culture. APRA also increased the capital add-on ...

ASIC tiptoes around private markets intervention

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
... about more rules. I'm talking about levers. Some of them can be led by organisations like ACSI, as to what the best practice is. But I think the question of regulatory complexity and what's happened in private-public markets has a real link there. ...

CSLR costs driven by poor advice: AFCA

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
The Australian Financial Complaints Authority (AFCA) lead ombudsman, investments and advice Shail Singh has told financial advisers that poor practices are the main contributor to the soaring costs of the Compensation Scheme of Last Resort (CSLR). "It's ...

Life insurers keep breaking their own rules: Report

ANDREW MCKEAN  |  TUESDAY, 1 APR 2025
Breaches of the Life Insurance Code of Practice (the Code) increased for a fourth consecutive year, with life insurers reporting 14,670 instances of non-compliance, a 19% increase from the previous period. The Code, the industry's north star for good ...