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Showing 461 - 470 of 8706 results for "Regulator"

Wealth and asset management to "significantly" consolidate by 2029: Oliver Wyman

RIDDHIMA TALWANI  |  FRIDAY, 3 OCT 2025
The global wealth and asset management industry is entering a period of significant consolidation, with over 1500 transactions expected in the coming years. A report by Oliver Wyman with Morgan Stanley estimates a reduction of around 20% in the number ...

ASIC sues Fiducian for ESG failures

ELIZA BAVIN  |  FRIDAY, 3 OCT 2025
... that aim to be positive for society and for the environment and aim to avoid investments in harmful activities." The regulator said it also specified several industries or activities that the fund would avoid investing in. This included companies that ...

Australia dominates APAC real estate private credit raisings

MATTHEW WAI  |  FRIDAY, 3 OCT 2025
Australia has emerged as the leader in real estate private credit across the Asia Pacific in recent years, capturing a substantial amount of funds raised between 2020 and 2024, with growth continuing to accelerate. According to Knight Frank's Horizon ...

APRA warns of super fund sustainability challenges

JAMIE WILLIAMSON  |  THURSDAY, 2 OCT 2025
... five-year periods may be facing structural or resourcing challenges in improving operational efficiency," APRA said. The regulator said there is a small group of trustees facing all these challenges at once. "These funds face an especially challenging ...

MUFG 'sincerely apologises' to Cbus over claim delays

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
... claims handling delays which was launched in November 2024. However, it is understood the super fund is engaging with the regulator to work towards an alternative dispute resolution. Just last month Cbus vowed to make death benefit payments faster through ...

Super complaints decline year-on-year: AFCA

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
The Australian Financial Complaints Authority (AFCA) has completed its latest update of the AFCA Datacube, which makes data on complaints publicly accessible to consumers and financial firms. The latest update provides data on complaints made within ...

3500 advisers at risk as deadline looms

JAMIE WILLIAMSON  |  TUESDAY, 30 SEP 2025
... accuracy of their Financial Adviser Register profile if they intend to continue providing advice into 2026 and beyond. The regulator said, based on current information, some 3459 advisers may be unable to provide advice after December 31. Advisers who ...

Super funds must improve reporting, audits: ASIC

JAMIE WILLIAMSON  |  TUESDAY, 30 SEP 2025
... advertising expenses. Those are two key outcomes of an ASIC review into the financial reporting and audit of super funds. The regulator said a lack of consistency in categorising unlisted investments makes it difficult to compare investments across RSE ...

Marketing, communications roles gain momentum

JAMIE WILLIAMSON  |  MONDAY, 29 SEP 2025
Communications roles have exploded in the financial services industry this year, while the number of product management roles on offer is beginning to rise. That's according to Kaizen Recruitment's Marketing Salary Guide FY2025-26, which also found ...

Rest pays $40k over misleading statements

JAMIE WILLIAMSON  |  MONDAY, 29 SEP 2025
... misleading statements it made after charging more than 2000 members for insurance cover they were not supposed to have. The regulator said Rest made false or misleading representations in annual statements and emails to members, indicating they had active ...