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Showing 611 - 620 of 13637 results for "Member"

Former staffer sues ASX, Lofthouse over bullying

ELIZA BAVIN  |  TUESDAY, 16 SEP 2025
ASX chief executive Helen Lofthouse is being sued by the former ASX head of trading technology Jamie Halstead, accusing Lofthouse of bullying. Halstead has also alleged the ASX failed to provide adequate resources for major projects, including the embattled ...

Cbus vows faster death benefit payouts

KARREN VERGARA  |  TUESDAY, 16 SEP 2025
After being caned by ASIC for making beneficiaries wait for more than 90 days to receive a death benefit, Cbus is vowing to pay them faster. Where members have not nominated a beneficiary, Cbus said benefit payments will be paid to the surviving current ...

Another industry body urges Division 296 reconsideration

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
... mechanism for negative earnings and optionality for funds to use established tax principles to calculate earnings on a member-by-member basis from the tax. Commenting, IPA tax and super advisor Letty Chen said that the proposed methodology represents ...

FSC appoints two new directors

ELIZA BAVIN  |  TUESDAY, 16 SEP 2025
... the US Retail Investor Group. Most recently, he was chief financial officer of Vanguard's international business and a member of the international leadership team. Prior to Vanguard, he spent 11 years at GE across Australia, the US and the Netherlands ...

PPS Mutual appoints new chair

ANGELIQUE MINAS  |  TUESDAY, 16 SEP 2025
Specialist insurance company PPS Mutual has announced Anthony Asher as the new chair of its board of directors. Asher brings 51 years of experience in the global life insurance industry. His career spans across the financial services sector, academia ...

Geopolitics, AI tests prudential regulation: APRA

KARREN VERGARA  |  MONDAY, 15 SEP 2025
... risks, geopolitical volatility and artificial intelligence (AI) are creating "unacceptable prudential risks" for APRA. APRA member Therese McCarthy Hockey said geopolitical risk has become a "risk accelerant" that the regulator is trying to keep on top ...

Aware Super makes fee changes

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... June 30 included a drawdown from the fund's administration reserve of 0.01%. Aware said the amount was not deducted from member accounts and did not impact the performance of investments. "The drawdown amount was taken from the fund's administration ...

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
... ANZ's failures are "likely to have compounded the difficulties faced by loved ones dealing with the death of a family member or relative, as well as frustrating the probate process." ANZ first identified the systems, controls and processes issue ...

ASIC takes aim at super, private markets

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... in balancing the objectives of the covenant," she said. Constant said the regulator is preparing to complete a review of member communications targeting retirement, which will be ASIC's first standalone thematic review since the implementation of the ...

AMP settles class action for $120m

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
AMP has settled a class action brought against N.M. Superannuation, AMP Superannuation and AMP Services, agreeing to pay $120 million. The class action was brought on behalf of superannuation clients and their beneficiaries for the period of July 2008 ...