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

Search Results

Showing 21 - 30 of 2630 results for "Practices"

Financial services failing to provide consistent outcomes: AFCA

MATTHEW WAI  |  FRIDAY, 22 MAY 2026
... oversight mechanisms and responses to vulnerability function in practice," AFCA said. AFCA presented what appropriate practices would look like to avoid the issues. Some of those metrics included clearer operational control for consistent implementation ...

Feature: Private credit | The fine print

RIDDHIMA TALWANI  |  FRIDAY, 22 MAY 2026
... wholesale funds in a bid to calibrate baseline data needs across the sector. It also plans to address areas of poorer practices within wholesale private credit funds. Torrington says a lot of the money going into private credit is also coming through ...

UniSuper pilots' digital estate planning partnership with Safewill

VINNY VUCAGO  |  THURSDAY, 21 MAY 2026
... additional legal advice through Safewill Legal for a $199 fee. Safewill said the platform uses encryption and privacy practices compliant with the Australian Privacy Act to protect member information, while completed Wills are reviewed by affiliated ...

APRA sharpens oversight, flags tech and geopolitical risks

VINNY VUCAGO  |  THURSDAY, 21 MAY 2026
... disruptions. However, APRA warned heightened uncertainty globally required stronger vigilance and more robust risk management practices across regulated entities. APRA chair John Lonsdale said strong capital positions, liquidity buffers and prudential ...

Buyer beware: Private credit as a defensive play

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
... sector is facing unprecedented regulatory scrutiny in which regulator ASIC has put product providers on notice for opaque practices and transparency issues, particularly around fees. To help address this, Danieli said advisers should consider the "first ...

Super funds get ahead of proposed minimum service standards: KPMG

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
... APRA-regulated superannuation funds in early 2025, forced to take action on widespread administration and back-office practices. One high profile example is Cbus paying a nearly $24 million fine for the lengthy delay of death benefit payments. The government ...

Combating modern slavery difficult but not impossible: RIAA

KARREN VERGARA  |  MONDAY, 18 MAY 2026
... employers that do not issue or provide misleading payslips, deny superannuation payments and pay in cash all aid in practices that are indicators of "modern slavery." Financial Standard is the official media partner of the 2026 RIAA Conference.

NZ Super 'accepts' court loss, updates policy

ELIZA BAVIN  |  THURSDAY, 14 MAY 2026
... policy documents in recent years had not, however, materially changed the Guardians' actual engagement and exclusion practices. The policy changes come after New Zealand's High Court ruled against the nation's super fund in April, finding some ...

Perpetual to overhaul J O Hambro

KARREN VERGARA  |  WEDNESDAY, 6 MAY 2026
... range. While JOHCM has strong appeal in core global markets, Perpetual aims to roll out "disciplined cost management practices that support operating leverage." Should the sale of the wealth management business to Bain Capital finalise before the end ...

Openmarkets makes private wealth play

JAMIE WILLIAMSON  |  TUESDAY, 5 MAY 2026
... Openmarkets. "Our private wealth business is designed to empower advisers with the autonomy to build and scale their own practices, while leveraging Openmarkets' depth of infrastructure and expertise. Advisers own their client relationships and have ...