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Showing 71 - 80 of 4437 results for "Poor"

FEATURE: Fund admin | Tight Ship

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... things more from that member perspective." When ASIC sat down with some of the organisations they were "surprised" when their poor claims handling times were broached. No one at the board and senior executive level, Constant says, was reviewing the claims ...

APRA flags growing trustee complacency on retirement strategies

RIDDHIMA TALWANI  |  FRIDAY, 17 OCT 2025
... embraced retirement as a strategic and competitive imperative. ASIC, this week, also slammed superannuation trustees for poor retirement communications practices, finding that many funds are missing opportunities to engage with members throughout retirement ...

APRA lifts final Westpac capital add-on

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
... spurred by several breaches and misconduct. APRA slapped the first $500 million capital add-on in July 2019 as a result of its poor risk governance self-assessments. At the end of 2019, APRA slapped another $500 million on Westpac for more fundamental ...

Classic 60/40 approach underdelivers for women retirees

JAMIE WILLIAMSON  |  TUESDAY, 14 OCT 2025
... retires, their starting balance and spending needs. "Portfolios for both men and women are hit hard if investment returns are poor in the first years of retirement, but since women's balances are typically smaller, their portfolios are likely to deplete ...

ASIC targets funds over 'disappointing' retiree communications

ELIZA BAVIN  |  TUESDAY, 14 OCT 2025
ASIC has slammed superannuation trustees for poor retirement communications practices, finding that many funds are missing opportunities to engage with members throughout retirement and provide more meaningful support. ASIC's review, Report 818 From ...

Full automation key for business success, but not investments

MATTHEW WAI  |  WEDNESDAY, 8 OCT 2025
... to reduce the manual effort (and cost) of compliance and reduce the risk of human error that could lead to violations or poor client outcomes."

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 ...

Zenith names portfolio solutions lead

KARREN VERGARA  |  TUESDAY, 16 SEP 2025
... clients. Yap reports to investment director Damien Hennessy. Before Zenith, Yap was the head of multi-asset at Standard & Poor's for more than three years and spent nearly a decade at Pitcher Partners as a senior research manager. Yap commented: "While ...

Cbus vows faster death benefit payouts

KARREN VERGARA  |  TUESDAY, 16 SEP 2025
... failures in death benefit claims handling is a systemic, industry-wide issue. ASIC exposed examples of excessive delays and poor service, gaps in trustee data and reporting, and inconsistencies in some trustees' processes and procedures, saying that ...

Another industry body urges Division 296 reconsideration

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
While the Institute of Public Accountants (IPA) supports sensible reforms to make superannuation "more equitable", it - like many industry bodies - believes the taxing of unrealised capital gains and the lack of indexation can pose compliance challenges ...