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Showing 821 - 830 of 17076 results for "industry"

The super fund scouring the dark web to protect members

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... organisations, which criminals were quick to exploit. While not a unique problem to superannuation, Kumara mooted that the industry may have drawn more attention from cybercriminals over the past year because of the reports spruiking the success and ...

Fortitude Investment Partners acquires majority stake in SMSF audit firm

MATTHEW WAI  |  WEDNESDAY, 2 APR 2025
... absolute pleasure to be part of the ASF community and witness its remarkable development into a major force in the SMSF industry. Reflecting on this journey fills me with pride and gratitude for the collective efforts that have brought us to where we ...

ASIC tiptoes around private markets intervention

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
... told the Australian Council of Superannuation Investors (ACSI) this morning. Longo said ASIC is prepared to engage with industry bodies, such as ACSI, rather than directly intervene in the growing private markets sector that until recently has flown ...

iExtend appoints chief operating officer

ELIZA BAVIN  |  WEDNESDAY, 2 APR 2025
... trajectory. "Since iExtend gained its AFSL last year, iExtend has further cemented its place in the financial services industry as a provider of choice to life insurance policyholders who have decided to either cancel or reduce their cover and have experienced ...

CSLR costs driven by poor advice: AFCA

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
... to lead consumers into an investment that benefits the firm rather than the client." Singh said the financial advice industry "plays a crucial role as gatekeepers protecting consumers' wealth in and ensuring their financial security". "While most advisers ...

Life insurers keep breaking their own rules: Report

ANDREW MCKEAN  |  TUESDAY, 1 APR 2025
... with life insurers reporting 14,670 instances of non-compliance, a 19% increase from the previous period. The Code, the industry's north star for good practice, was breached in cases affecting more than 200,000 customers, nearly double the number impacted ...

Fink takes private markets to next level

KARREN VERGARA  |  TUESDAY, 1 APR 2025
... Barclays Global Investors (BGI) in 2009, which owned iShares, and how naysayers said it "was just a bet on ETFs". "The industry acted as if you had to pick a side - as though these two approaches were mutually exclusive. Our BGI acquisition was rooted ...

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

ANDREW MCKEAN  |  MONDAY, 31 MAR 2025
... harm to families. Trustees need to do better," she said. Following the revelation of the "devastating impacts" of poor industry practices, ASIC has issued 34 recommendations to superannuation trustees. These include improving customer service and response ...

AMP introduces geared retirement options

MATTHEW WAI  |  MONDAY, 31 MAR 2025
... needs," Maloney said. "We have the fastest growing managed portfolios offer in Australia and continue to work with the industry's leading investment managers to provide members with access to high quality products."

Jones clarifies scope of new class of adviser

ANDREW MCKEAN  |  FRIDAY, 28 MAR 2025
... there's broad consensus on the need for a scheme, that it should operate as a last resort, and that it should be an industry funded model. "What I've seen emerge over the two years of the scheme's operation, there's some stuff that just ...