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Showing 401 - 410 of 9401 results for "Level"

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 ...

Investors brace as US unleashes tariffs

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
... barriers that impact US exports. In what Trump described as a "kind" gesture, the US tariffs would be imposed at half the level of these calculated tariffs and other non-monetary barriers placed on US goods. For example, the Trump administration calculated ...

ASIC tiptoes around private markets intervention

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
ASIC chair Joe Longo is keeping all options open before the corporate watchdog is forced to intervene in the private markets, he told the Australian Council of Superannuation Investors (ACSI) this morning. Longo said ASIC is prepared to engage with ...

Life insurers keep breaking their own rules: Report

ANDREW MCKEAN  |  TUESDAY, 1 APR 2025
... tendency to attribute them to individual staff errors rather than systemic failings. "We understand there will always be a level of human error. However, the current rate of human error must, and it's reasonable to expect that it should, come down," ...

Fink takes private markets to next level

KARREN VERGARA  |  TUESDAY, 1 APR 2025
BlackRock chief executive Larry Fink says the fund manager can upend the public-private market divide in the same way it has capitalised on active and passive investing. In his annual letter to investors, Fink said assets in the form of data centres ...

Queensland adviser banned for five years

MATTHEW WAI  |  MONDAY, 31 MAR 2025
A Queensland financial adviser has been banned by ASIC for failing to act in the best interests of his clients and failing to prioritise their interests. Grant Thomson is banned from providing financial services, controlling an entity that carries on ...

Insurance in super remains a mystery to millions of Australians

ANDREW MCKEAN  |  FRIDAY, 28 MAR 2025
... best financial interests to be prompted to genuinely consider whether they want or need insurance and, if so, the type and level of cover," SCA said. Without engagement, members risk "inadvertently paying a significant amount for cover" over their working ...

APRA levy to cost $243m in FY26

KARREN VERGARA  |  FRIDAY, 28 MAR 2025
... outcomes, and expenditure are three other core areas of supervision. APRA warned it will "maintain intense scrutiny of fund-level expenditure to hold RSE licensees accountable for improving practices, reducing spending that is deemed not in members' ...

Active Super PM opens asset consultant

ELIZABETH FRY  |  THURSDAY, 27 MAR 2025
... structures." Many Australian family offices and private wealth firms lack the specialised expertise and resources to conduct this level of due diligence, let alone build and maintain relationships with fund managers.. Moreover, he went on to say, they ...

Aware Super completes phase one of 'Project Odin'

ELIZA BAVIN  |  THURSDAY, 27 MAR 2025
Aware Super has completed phase one of enhancing its investment data capabilities - dubbed 'Project Odin' - by implementing a new investment enterprise data management platform. GoldenSource worked with Aware Super to create the fund's new ...