Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 1637 results for "Responsibility"

Australians like AI, reluctant to trust it on financial decisions: Survey

RIDDHIMA TALWANI  |  WEDNESDAY, 11 MAR 2026
... in financial services within five years. "People want AI introduced carefully, with safeguards and clear human responsibility for decisions that shape their financial outcomes. Australians still want reassurance that a qualified professional is applying ...

ASIC has 'strong appetite' to hold boards to account

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2026
... account for their governance failures. We will also continue to look for cases where we can define the line of responsibility for directors. Provided we have a reasonable basis for taking action, we won't shy away from cases where the outcome is uncertain." ...

Interprac sues AFCA over Shield determination

JAMIE WILLIAMSON  |  TUESDAY, 10 MAR 2026
... not adequately take account of the conduct of other parties connected with the Shield Master Fund when allocating responsibility for losses arising from the fund's collapse." Other parties that have been found to be involved include research houses ...

VanEck reshuffles Aussie ranks

ELIZABETH FRY  |  THURSDAY, 5 MAR 2026
... weight. It's not about filling gaps or chasing themes, it's about conviction, discipline and long-term responsibility to investors. Every decision to launch, evolve or hold back reflects a standard that puts capital stewardship first," Gil said. ...

Former ASIC deputy chair Crennan steps in as York St Capital chair

RIDDHIMA TALWANI  |  WEDNESDAY, 4 MAR 2026
... impressive track record of performance. The leadership team is focused on doing things the right way - with discipline, responsibility, and long-term ambition. "This organisation recognises the importance of governance and regulatory realities, rather ...

AFCA reveals outcome of final lead decision

MATTHEW WAI  |  MONDAY, 2 MAR 2026
... AFCA was told that the firm's advice involved an unnecessary and inappropriate level of risk. UGC took over responsibility for providing services to the SMSF in May 2023 and, only a year later, in May 2024, advised the SMSF to dispose of investments ...

SMSFs avoid advisers due to lack of asset-specific support

MATTHEW WAI  |  FRIDAY, 20 FEB 2026
... say they want to do it themselves," Clack said. She also highlighted that most SMSFs are "mature" enough to take responsibility for their own actions when making investment decisions. "With the right amount of mitigation, everyone should take responsibility ...

Alexander Funds' chief executive resigns

KARREN VERGARA  |  WEDNESDAY, 11 FEB 2026
... early years," Shirley said. "Having delivered on the strategic priorities, I believe now is the right time to hand responsibility for the next phase to a new guardian of the business. This decision comes with deep gratitude to the team, both past and ...

Super trustees told to up fraud protection game

MATTHEW WAI  |  WEDNESDAY, 4 FEB 2026
... Centre suffered $22 million in losses from super-related scams in 2025. "Super trustees have a clear and unavoidable responsibility to oversee risk and ensure these emerging threats are identified and managed actively. Yet scam and fraud prevention ...

Interprac ordered to pay $120k over Shield advice, blames Macquarie

MATTHEW WAI  |  TUESDAY, 3 FEB 2026
... of their super into Shield. The complainant deemed the advice inappropriate. In response, Interprac denied any responsibility and said the trustee of Macquarie Super Fund, Macquarie Investment Management Limited (MIML), has publicly acknowledged it breached ...