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Showing 611 - 620 of 6733 results for "Review"

Otivo launches AI-powered advice tool

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
Otivo has launched a new AI-powered advice tool that will give Australians "licensed financial advice" named Ask Otivo. The digital advice platform said the two-way, real-time advice tool is Australia's first AI-powered platform that will provide personalised ...

Life insurers keep breaking their own rules: Report

ANDREW MCKEAN  |  TUESDAY, 1 APR 2025
... obligations remains critical to ensuring vulnerable customers are supported during periods of financial difficulty. "Our review of industry performance in this area revealed varying results. Some insurers demonstrated strong compliance, while others ...

HMC Capital to launch new private equity vehicle

MATTHEW WAI  |  TUESDAY, 1 APR 2025
... - delivered more than 55% net returns in 2024, and returned 35% p.a. since its inception in 31 August 2022. Following a review, the trustees of HMCCP Fund I wanted to re-weight future investment into unlisted opportunities, as well as listed entities ...

Not one trustee tracked end-to-end claims handling times: ASIC

ANDREW MCKEAN  |  MONDAY, 31 MAR 2025
A review of major superannuation trustees by ASIC found that not even one monitored or reported on the full process of death benefit claims handling. The review of superannuation trustees including, Australian Retirement Trust, Avanteos (Colonial First ...

Queensland adviser banned for five years

MATTHEW WAI  |  MONDAY, 31 MAR 2025
... from 1 September 2023 to 27 November 2023, and LFG Financial Services between 28 November 2023 and 24 March 2025. ASIC's review found that Thomson failed to prioritise his client's interests and provided insurance advice that included recommended levels ...

RBA and ASIC slam the ASX: 'Deeply disappointed'

ELIZA BAVIN  |  MONDAY, 31 MAR 2025
... ASX, under section 823BB(4) of the Corporations Act 2001, to engage an expert approved by ASIC to undertake a technical review of CHESS. ASIC said this review and any remediation will provide greater confidence to regulators, and the public, in the stability ...

Insurance in super remains a mystery to millions of Australians

ANDREW MCKEAN  |  FRIDAY, 28 MAR 2025
... transparency and suitability of their insurance offerings, SCA is calling for a "long-overdue" Productivity Commission review of insurance in super. SCA said a review should examine whether providing insurance in super is the most "appropriate and equitable ...

APRA levy to cost $243m in FY26

KARREN VERGARA  |  FRIDAY, 28 MAR 2025
... focus on the super sector continue to be asset valuation and liquidity risk management. "APRA is finalising its initial review into trustees' approaches to investment management internalisation as bringing investment functions in-house can lead to meaningful ...

ASIC told to 'end the chaos' of ASX CHESS issues

ELIZA BAVIN  |  FRIDAY, 28 MAR 2025
The House of Representatives Standing Committee on Economics has released its final report on its reviews into ASIC. Committee chair Daniel Mulino MP said the report covered key issues relating to how the regulator deals with complaints and how it executes ...

ASIC recommends standards for virtual AGMs

ELIZA BAVIN  |  THURSDAY, 27 MAR 2025
... by post, so a lot has changed in a short period of time," O'Rourke said. "We saw concerns raised through the Statutory Review process that certain stakeholders distrusted virtual-only meetings if they felt it would be denying them their ability to fully ...