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Showing 721 - 730 of 13773 results for "member"

Rest pays $40k over misleading statements

JAMIE WILLIAMSON  |  MONDAY, 29 SEP 2025
... communications with respect to their insurance cover were not as clear as they should have been. "We have reviewed our member communications to make them clearer and to align with the expectations of our members and ASIC."

CSLR publishes paid claims details

JAMIE WILLIAMSON  |  FRIDAY, 26 SEP 2025
The Compensation Scheme of Last Resort (CSLR) has made 551 payments totalling $54 million since it began operating, some 291 of which were made in relation to Dixon Advisory. The overwhelming majority of payments relate to personal financial advice ...

Perpetual dumps 23m Myer shares

ELIZA BAVIN  |  FRIDAY, 26 SEP 2025
Perpetual, one of Myer's largest shareholders, sold around 23 million shares after the retailer's poor results this week. Myer's share price fell as much as 30% after announcing its full year results on Tuesday. The embattled retailer reported a fall ...

Feature: Digital advice | Sleeping giant

KARREN VERGARA  |  FRIDAY, 26 SEP 2025
... charges $88 per year to access guided advice on investments, contributions and insurance. Jo Brennan, the group executive of member engagement, education and advice at Aware Super, says the $198.6 billion fund wants to scale how it can make digital advice ...

AFCA temporarily reinstates UGC to address complaints

RIDDHIMA TALWANI  |  FRIDAY, 26 SEP 2025
The Australian Financial Complaints Authority (AFCA) has reinstated United Global Capital's (UGC) membership until 31 March 2026, to ensure consumers can lodge complaints regarding Shield and First Guardian Master Fund. UGC was expelled from AFCA membership ...

Equip Super appoints chief risk officer

ANGELIQUE MINAS  |  FRIDAY, 26 SEP 2025
Equip Super has promoted Michelle Cheong to chief risk officer, effective October 6. Cheong brings nearly two decades of experience in the superannuation and financial services industry. Starting her career at Ernst & Young, Cheong moved into senior ...

FINSIA chief executive steps down

ANGELIQUE MINAS  |  FRIDAY, 26 SEP 2025
... microlearning programs and digital credentials, established commercial partnerships domestically and internationally, and increased member satisfaction and engagement via stronger net promoter scores," he said. El-Ansary, who took on the job in 2022 ...

Retirees should put 80% of balance into annuities: Grattan

RIDDHIMA TALWANI  |  THURSDAY, 25 SEP 2025
Grattan Institute has recommended changes to help simplify the superannuation system, including pushing for retirees to place 80% of their super balance into an annuity, possibly offered by the government itself. In its submission to the Treasury consultation ...

Macquarie to pay Shield victims in full

JAMIE WILLIAMSON  |  THURSDAY, 25 SEP 2025
Macquarie is heading to court with ASIC over its role in the Shield Master Fund collapse but has committed to reimbursing investors' retirement savings by September 30. ASIC commenced proceedings in the Federal Court against Macquarie Investment ...

SMC calls for simplified retirement system

ELIZA BAVIN  |  WEDNESDAY, 24 SEP 2025
... of the consultation paper's principles, recognising the importance of giving trustees a robust framework to design member-centred solutions. However, SMC called for a "rethink" of the rules and principles, saying the current system risks overwhelming ...