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Showing 81 - 90 of 1204 results for "Switch"

Retirees should put 80% of balance into annuities: Grattan

RIDDHIMA TALWANI  |  THURSDAY, 25 SEP 2025
... sustainable rates and managed by an independent agency. "Annuities are typically 'one-shot games' - a retiree typically cannot switch to a better deal if they see one. Designing a wholesale market that overcomes these issues would be challenging, government-provided ...

ASIC sets sights on 140 advisers

ELIZA BAVIN  |  THURSDAY, 18 SEP 2025
ASIC deputy commissioner Sarah Court told a parliamentary committee this morning that the regulator has identified around 140 financial advisers who were involved in super switching misconduct relating or similar to Shield and First Guardian. "We had ...

Aware Super launches new features for advisers

MATTHEW WAI  |  TUESDAY, 9 SEP 2025
Aware Super has launched a slew of new digital features, as well as upgrades to existing features on the Aware Super Adviser Portal. The super fund said the new features should help simplify and enhance advisers' efficiency, allowing them to receive ...

Former United Global Capital adviser banned

JAMIE WILLIAMSON  |  MONDAY, 1 SEP 2025
Former United Global Capital (UGC) adviser Milutin Petrovic is banned for six years after ASIC found he failed key advice obligations when recommending clients invest their retirement savings into the Global Capital Property Fund Limited (GCPF). Petrovic ...

ASIC proposes 'kill switches' for unusual trading

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
ASIC is consulting on proposed changes to modernise market integrity rules (MIRs) governing participants' trading systems and automated trading. ASIC said the proposed changes aim to keep pace with continued developments in technology, including artificial ...

ASIC flags firm grip on private and public markets, super funds

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
... from the accumulation phase to the retirement phase, superannuation trustees must do better." Members being pressured to switch superannuation providers is a top enforcement priority. The problem has reached an "industrial scale" and culminated in several ...

APRA sets higher cybersecurity expectations for trustees

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
Trustees' cyber-resilience is riding high on APRA's enforcement agenda over the next four years, but in the short term the regulator warned it will escalate action where necessary if they cannot prove to have basic measures in place. The prudential ...

Anti-hawking exemption for advisers a 'silly carve out': SCA

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
Super Consumers Australia (SCA) is calling on the government to alter anti-hawking legislation to ensure consistency between selling financial services and financial products. In response to an Australian Competition and Consumer Commission (ACCC) consultation ...

ASIC warns of 'sharp rise' in financial misconduct

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... for high-pressure sales tactics, click bait advertising and promises of unrealistic returns, which encourage people to switch superannuation into risky investments." Longo added that the report provides transparency about the scale of issues ASIC is ...

Hostplus unveils new Lifecycle option, changes fees

ELIZA BAVIN  |  FRIDAY, 15 AUG 2025
Hostplus has renamed its Life investment option to Lifecycle and switched up the design of the option by reducing the life-stages from four to three. Under the new design, the three life-stages will be 'grow', 'maintain' and 'protect' ...