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Showing 1 - 10 of 2021 results for "Application"

Invesco, Trinetra IM strategies to wind up

KARREN VERGARA  |  WEDNESDAY, 3 JUN 2026
... up. The multi-asset Invesco True Balance Fund, which had about $37.5 million in assets, will terminate on June 4. Application and withdrawal requests were suspended on May 1. Invesco Australia, the responsible entity of the fund, said: "Following a review ...

AFCA appoints lead superannuation ombudsman

VINNY VUCAGO  |  MONDAY, 25 MAY 2026
... remained inconsistent due to operational failures and poor execution. The report identified issues including inconsistent application of hardship policies, missing or misleading customer communications, and continued enforcement activity against vulnerable ...

ASIC, APRA target insurers' TPD product sustainability

KARREN VERGARA  |  MONDAY, 25 MAY 2026
... regulators "require insurers to take decisive action in areas within their control, including the consistent and effective application of sound insurance risk management practices." Research from Rainmaker found TPD claims take much longer to process. ...

Financial services failing to provide consistent outcomes: AFCA

MATTHEW WAI  |  FRIDAY, 22 MAY 2026
... introduced sound frameworks but failed to provide consistent outcomes for vulnerable consumers. These included inconsistent application of hardship and vulnerability processes, misstatements and missing information on template communications, and the ...

ISS STOXX Sustainability names APAC head

STAFF WRITER  |  THURSDAY, 21 MAY 2026
... action." Leske said the role builds on her existing responsibilities and focuses on setting clear direction for the application of sustainability frameworks in the region. "I'm looking forward to collaborating with clients, colleagues and industry ...

Hostplus, AIA lose $1.4m TPD dispute

ELIZA BAVIN  |  THURSDAY, 21 MAY 2026
... indifferent to the truth". According to medical records, the complainant was diagnosed with diabetes in 2018 and made the application for insurance in 2020. He then stopped work in 2021 and lodged the TPD claim in 2022. AFCA said doctors notes also provided ...

ASIC launches action against Equity Trustees for $65m First Guardian failures

ELIZA BAVIN  |  THURSDAY, 21 MAY 2026
... follow." Following ASIC launching its initial proceedings against Equity Trustees last year, it determined to make an application to the government under Part 23 of the SIS Act for help in making First Guardian and Shield investors whole. "Part 23 of ...

Government to fast track low-risk foreign investments

RIDDHIMA TALWANI  |  WEDNESDAY, 20 MAY 2026
The government is further strengthening Australia's foreign investment framework in a bid to unlock more investment and subject higher risk proposals to more rigorous scrutiny. This builds on the first tranche of reforms introduced in 2024. The changes ...

Removing CGT discount on all assets will make tax system fairer: Chalmers

RIDDHIMA TALWANI  |  TUESDAY, 19 MAY 2026
... current one. Speaking at the Bloomberg Forum for Investment Managers event in Sydney, Chalmers addressed concerns on the application of CGT on all assets such as shares and not just real estate. Chalmers explained the CGT changes are about more accurately ...

WAM offers global real assets exposure via new offering

MATTHEW WAI  |  FRIDAY, 15 MAY 2026
Wilson Asset Management (WAM) has launched a real assets fund, providing investors with exposure to assets, including natural capital like water, agriculture and timber. The Wilson Asset Management Real Assets Fund (WRAF) will partner with specialist ...
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