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Showing 21 - 30 of 473 results for "remediation"

Super moves: Future Fund, Bupa, QIC, HESTA, Prime Super

ELIZABETH FRY  |  THURSDAY, 13 NOV 2025
... strategy programs across APAC's top financial institutions. He joins from IBM Promontory, where he covered regulatory remediation, data-led strategy, and AI-driven innovation for APRA-, ASIC-, and AUSTRAC-regulated clients. Shinkarsky's previous ...

Equity Trustees to ask Mulino for help amid First Guardian, Shield fallout

JAMIE WILLIAMSON  |  THURSDAY, 30 OCT 2025
... collective action across the entire financial ecosystem." He said Equity Trustees is concerned that ASIC has not sought remediation for members from the REs, fund managers or advisers involved in the schemes, saying warnings around lead generators and ...

Feature: Group insurance | Cold comfort

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... misled the regulator as to whether the issue was ongoing. Also in November 2024, AustralianSuper paid $4.2 million in remediation to about 7000 beneficiaries whose claims took longer than the fund's internal target of four months from receiving the ...

Super risks continue as advice gets all clear

ELIZA BAVIN  |  FRIDAY, 17 OCT 2025
... before being identified through complaints or internal reviews, undermining member confidence and creating costly remediation obligations." AFCA also observed systemic weaknesses in how insurance cover is activated, reinstated, ceased, and disclosed. ...

Federal Court dismisses Freedom Insurance staff allegations

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
... as a consultant to deliver services to INSA and Freedom Insurance. In 2022, ASIC secured more than $102 million in remediation for Freedom Insurance customers.

AMP platform flows jump 61.6%

RIDDHIMA TALWANI  |  THURSDAY, 16 OCT 2025
... income solution, AMP Lifetime Super. " It also provided an update on its proceedings against insurers for historical remediation programs. It had already received $44 million in September and has now reached an agreement to settle with remaining insurers ...

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
... issues did not work consistently, ASIC said, resulting in more that occurred up to September 2024. ANZ has completed a remediation program for affected customers, which has included customer payments totalling $92,687 and corrections to customer. Another ...

InterPrac wants super funds' reserves to remediate Shield, First Guardian victims

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
InterPrac Financial Planning wants to rid itself of remediation obligations regarding the collapse of the Shield Master Fund and First Guardian Master Fund, saying that victims should be "fully compensated" via superannuation funds' reserves. InterPrac ...

Societe Generale fined $3.88m

ELIZA BAVIN  |  TUESDAY, 2 SEP 2025
... action and allowed additional, suspicious orders to enter the market. "SocGen's lack of response and inadequate remediation were made more significant because they are the second largest participant in the ASX 24 Market," he said. A Societe Generale ...

CBA sets aside $52m for remediation

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
Commonwealth Bank of Australia (CBA) said it has provisioned $52 million for remediation purposes as it finalises various class actions, including those related to superannuation and advice. CBA said the group is still defending two superannuation class ...