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

Search Results

Showing 21 - 30 of 180 results for "privacy"

Vision Super defends new but 'archaic' policy

ELIZA BAVIN  |  TUESDAY, 13 MAY 2025
... located offshore. However, the super fund did confirm the new policy. "Vision Super is committed to complying with the Privacy Act 1988. Australian Privacy Principle (APP) 8 outlines that before disclosing personal information to an overseas recipient ...

Licensees slash compliance spending: Survey

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025
... "tsunami of regulatory reforms wash over corporate Australia" such as Delivering Better Financial Outcomes 2 (DBFO), AML/CTF, Privacy and Digital Assets, he said. Under the re-elected Albanese government, industry bodies are calling for the swift passage ...

Cybercriminals attack major super funds

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
... can confirm that no Hostplus member losses have occurred," a spokesperson said. "Our top priority is the security and privacy of our members and their accounts, and we're taking all necessary measures to protect our systems and data." Hostplus said ...

The super fund scouring the dark web to protect members

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... and any perceived vulnerability could trigger a surge in attacks," Kumara said. According to cybersecurity research firm Privacy Affairs, hacked Australian credit card details with a CVV sell for an average of US$23 as of 2023. A NSW driver's licence ...

Tranche 2 of DBFO dumps SOAs, enables 'nudges'

JAMIE WILLIAMSON  |  FRIDAY, 21 MAR 2025
... legislative requirements, but this information does not need to be provided to the client unless requested, in line with the Privacy Act 1988, " the draft legislation reads. The CAR must include the scope of the advice, the advice, reasons for the advice ...

AMP staff surveillance slammed by FSU

ELIZA BAVIN  |  FRIDAY, 21 MAR 2025
... urged workers not to sign it. "This is a draconian contract that features some very disturbing surveillance and medical privacy provisions," McPherson said. "It is shocking that any employer would propose the right to video monitor its workers in their ...

Super doesn't have to be 'boring', but innovation is key

ELIZA BAVIN  |  WEDNESDAY, 12 MAR 2025
... you're trying to push the envelope, and then you get traditional compliance and risk teams saying, 'But what about privacy? What about cybersecurity?' which I think are all very relevant questions," Maloney said. "But I think we're seeing this ...

Large financial firms falling behind on AI adoption

ELIZA BAVIN  |  THURSDAY, 6 MAR 2025
... Australia, it is a problem shared by Europe and by the US, especially by Europe, who's got even more stringent data privacy and therefore risk aversion than we do," Kollo said. Kollo added that it is important for large firms to set clear standards ...

Life insurers enhance domestic violence response

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
... partner since the age of 15. Further, CALI is focused on simplifying policy changes and application processes, enhancing privacy and confidentiality, sensitively handling queries by minimising the need of retelling their stories. Life insurers should ...

Admin and compliance taking up 56% of advice practice costs

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
... and limits service capacity; and balancing data collection for regulatory compliance with data minimisation required by privacy laws remains difficult. The analysis identified a disconnect between the challenges and solutions described in existing literature ...