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Showing 381 - 390 of 4616 results for "Issues"

AFCA urges super trustees to improve processes

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
... from scammers," she said. "AFCA's view is that trustees have a window of opportunity to act so we don't see the sorts of issues we have seen elsewhere. We are urging them to review the processes they have in place to help shield members from fraud, and ...

Australia's safety nets 'stretched too thin': CALI

MATTHEW WAI  |  MONDAY, 12 AUG 2024
... Australian Life Insurers (CALI) revealed that Australians are experiencing higher living costs and increasing mental health issues, making reliable financial safety nets more important. The inaugural State of Australia's Safety Net report investigates ...

Financial services experiencing 'workforce transformation'

ELIZA BAVIN  |  MONDAY, 12 AUG 2024
... communication." The paper suggested that COVD-induced lockdowns are somewhat responsible for these communication and soft skill issues. "As companies transitioned to digital environments away from the physical one, technology provided a different means ...

AMP sells advice licensees to Entireti, AZ NGA

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2024
... separation costs, AMP said this also accounts for incentives being paid to some advisers and provisions "associated with known issues." At the same time, AZ NGA will acquire AMP's minority stakes in 16 practices for $82.2 million, marking AZ NGA's ...

Family offices face more complex challenges: Ocorian

ANDREW MCKEAN  |  WEDNESDAY, 7 AUG 2024
... way to stand out in an increasingly crowded market," Harman said. However, he pointed out that regulatory and compliance issues will become a significant challenge. The research found that over a third of those surveyed viewed navigating regulatory issues ...

Chief financial officer roles 'widely ambiguous': Research

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
... business partner role' in the organisation, is limited," Monash said. "As leadership teams focus on strategic and operational issues in a volatile and uncertain world, the chief financial officer is expected to play a value adding role, but research ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... and undertaken a comprehensive review of our internal marketing processes and procedures." It went on to say that the "issues were not intentional and we apologise to our members and clients" and that it will not use member funds to pay the penalty. ...

AMP Super trustee has additional licence conditions removed

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... conditions by APRA in 2019 to address "a range of concerns" regarding its compliance. APRA previously said the action arose from issues identified during its ongoing prudential supervision of AMP Super, along with matters that emerged during the Royal ...

AFCA complaints surge in FY24

KARREN VERGARA  |  THURSDAY, 1 AUG 2024
... complaints drove the surge, together with motor vehicle insurance, banking, finance, and general insurance sector-related issues. AFCA has not yet provided a breakdown of the complaints related to financial advice, super, and life insurance, only flagging ...

UniSuper's environmental option returns -16%

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2024
... invested at February end, invests in listed companies whose activities look to address current and emerging environmental issues and opportunities. At least 40% of their revenues must come from environmental themes, like electric vehicles (EVs) or renewable ...