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Showing 41 - 50 of 545 results for "Investigate"

Brite Advisors auditor admits failures, surrenders registration

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
... make informed decisions," she said. "Auditor misconduct is an enforcement priority for ASIC, and we will continue to investigate where we identify potential misconduct or non-compliance." ASIC cancelled the Australian financial services licence of Brite ...

COVID 'masked' issues at core of productivity problem: PC

ELIZA BAVIN  |  THURSDAY, 29 MAY 2025
The COVID-19 pandemic led to a "productivity bubble", in which measured labour productivity rose to a record high between January 2020 and March 2022 before returning to pre-pandemic levels in June 2023, the Productivity Commission (PC) has revealed. ...

AFCA looks to expand jurisdiction over receiving banks in scams

MATTHEW WAI  |  TUESDAY, 20 MAY 2025
... in a scam transaction, which will allow the ombudsman to meet its new authorisation condition that "enables AFCA to investigate and consider scams involving mule accounts and the actions of receiving banks in scam complaints." The change will supposedly ...

Vision Super defends new but 'archaic' policy

ELIZA BAVIN  |  TUESDAY, 13 MAY 2025
Vision Super has defended a policy not to share member information to anyone it believes are located offshore, however the way in which the fund allegedly determines the location of an individual has caused a stir. Lifestyle Solutions Financial Planning's ...

Rest details internal program to reform death benefit processes

ANDREW MCKEAN  |  FRIDAY, 2 MAY 2025
... binding nomination, may require the fund to wait for more information from a claimant or take further steps to "properly investigate a claim."

AFCA highlights 'pattern of delays' in super

ELIZA BAVIN  |  TUESDAY, 29 APR 2025
The Australian Financial Complaints Authority (AFCA) has released its bi-annual System Issues Insight Report, to address industry practices and reduce consumer complaints. In the first half of 2024-25, 235 matters were reported affecting 187,855 consumers ...

AustralianSuper says cyberattack losses total $750k

ELIZA BAVIN  |  MONDAY, 14 APR 2025
AustralianSuper has confirmed of the 600 members who had their accounts accessed in the cyberattack earlier this month, 10 suffered a financial loss totalling $750,000. "Our investigation into this criminal act found a total of 10 members had a combined ...

Breaches continue as Cbus confirms 'unusual behaviour'

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
... APRA over the weekend and has also been passed on to the Australian Cyber Security Centre. "The fund is continuing to investigate this event with our cyber security partners," Cbus said. "This cyber-incident occurred several days after the reported attack ...

Government plans to develop 'fit for purpose' digital asset regime

ANDREW MCKEAN  |  MONDAY, 24 MAR 2025
... government's payments licensing reforms; a review of the Enhanced Regulatory Sandbox, and a range of initiatives to investigate how to "safely unlock" the potential benefits of digital asset technology across financial markets and the broader economy. ...

State Super: In decline but doing fine

ANDREW MCKEAN  |  FRIDAY, 21 MAR 2025
... at this very complex problem and all the various correlations," he said. The system flags anomalies to Wu's team to investigate. If they can build a narrative around what's happening, State Super either pulls money off the table or doubles down. "We ...