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Showing 411 - 420 of 10987 results for "Account"

Super complaints decline year-on-year: AFCA

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
... by Australian Retirement Trust (ART) was next in line with 500, and Cbus with 328. The vast majority (50%) related to account administration issues, followed by group life insurance (37%), and death benefits 10.3%. In the financial advice sector, United ...

Hostplus slams Lendlease over $2bn fund

ELIZA BAVIN  |  TUESDAY, 30 SEP 2025
... responsibility demands active engagement and not passive avoidance." Hostplus said it has a fiduciary duty to hold managers to account on behalf of its 1.9 million members. "That means holding managers to account when governance frameworks are weak ...

Rest pays $40k over misleading statements

JAMIE WILLIAMSON  |  MONDAY, 29 SEP 2025
... falsely stated or misled members into believing it had the right to activate cover and deduct premiums from their super account when it did not. This occurred between August 2024 and January 2025, ASIC said, fining Rest a total of $37,560. Some 934 members ...

FICAP RockStar raises $110k for charity

JAMIE WILLIAMSON  |  FRIDAY, 26 SEP 2025
... some of their peers. Performing at The Beresford in Sydney's Surry Hills last night, Magellan Financial Group key account manager Martin van Eyk was crowned FICAP RockStar after belting out the Screaming Jets classic, Bette r. There were three other ...

ASIC to release IDR and reportable situations data

ELIZA BAVIN  |  FRIDAY, 26 SEP 2025
ASIC has outlined its approach to publishing two public-facing dashboards containing Internal Dispute Resolution (IDR) and Reportable Situations (RS) data. ASIC said the approach was determined following consideration of 47 submissions received in response ...

Feature: Digital advice | Sleeping giant

KARREN VERGARA  |  FRIDAY, 26 SEP 2025
... multi-factor authentication for logins and withdrawals and full data encryption," King says. "If something changes in a client account, we have an internal detector that picks these changes up and then contacts the client to check on unwarranted activity ...

La Trobe has two of three stop orders lifted

ELIZA BAVIN  |  THURSDAY, 25 SEP 2025
ASIC has withdrawn restrictions on two of the three La Trobe Financial funds that were halted last week. The two funds now reopen to investment are the 12 Month and 2 Year Accounts of the La Trobe Australian Credit Fund. In addition, La Trobe Direct ...

Retirees should put 80% of balance into annuities: Grattan

RIDDHIMA TALWANI  |  THURSDAY, 25 SEP 2025
... change could boost income by up to 25%, while providing a guaranteed income for life. Usually retirees are steered to account-based pensions which require them to manage spending to avoid the risk of outliving their savings. "Half of those using an account-based ...

SMC calls for simplified retirement system

ELIZA BAVIN  |  WEDNESDAY, 24 SEP 2025
... withdrawals are a normal part of retirement; and recognise that retirees may want to keep their super in an accumulation account for extra flexibility in being able to contribute or maintaining separate savings. Finally, SMC called for ways to keep members ...

More than 75% of asset owners wary of trade disputes

ANGELIQUE MINAS  |  WEDNESDAY, 24 SEP 2025
The fourth annual Voice of the Asset Owner survey conducted by Morningstar Indexes and Morningstar Sustainalytics reveals how global asset owners are navigating an evolving investment landscape amid global disruptions and climate imperatives. It found ...