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Showing 1 - 10 of 1091 results for "BEAR"

'Flawed' CSLR model needs to be redesigned: SMC

MATTHEW WAI  |  WEDNESDAY, 14 OCT 2026
... was that the part of the financial system from which the consumer harms and unpaid compensation orders had arisen should bear the costs of funding it." The SMC said the government's latest proposal "breaches that principle" and forces Australians ...

Former Income AM director launches fixed income advisory

MATTHEW WAI  |  FRIDAY, 9 OCT 2026
... creating an "asymmetric" environment where an adviser or fund manager is rewarded for outperformance, "but in no way do they bear any of the damage of underperformance." He understands the fee-for-service model is prevalent across much of the local wealth ...

Mulino opens CSLR special levy consultation

ELIZA BAVIN  |  TUESDAY, 22 SEP 2026
Treasury has commenced a targeted consultation on the distributions of the 2026-27 special levy for the Compensation Scheme of Last Resort (CSLR). This comes after the CSLR operator announced in July that the estimated claim costs for 2026-27 were $190.3 ...

AMP delivers 33% profit jump

ELIZA BAVIN  |  THURSDAY, 6 AUG 2026
AMP has reported a 33% jump in underlying profit to $174 million in the first half, with statutory net profit up 57% to $154 million. Assets under management increased to $167.6 billion, which AMP said reflected momentum in its wealth and retirement ...

Treasury expects regulators to do the heavy lifting

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
... funds and funds with sub-standard practices including in relation to expenditure. The prudential regulator will also aim to bear expertise on insurance affordability and availability, including through insurer data, to support informed decisions. The ...

Treasury responds to Debelle's review into the AOFM

KARREN VERGARA  |  FRIDAY, 10 JUL 2026
... Debelle also recommended expanding the advisory board's remit to advise on all aspects of the AOFM's operations that bear on the debt program, including the Financial Risk Management Policy. The advisory board should also participate in the formulation ...

Super the backbone of stressed financial ecosystem: APRA

MATTHEW WAI  |  TUESDAY, 30 JUN 2026
The Australian Prudential Regulation Authority (APRA) has unveiled key findings from its inaugural system risk stress test (SRST), highlighting the resilience and stability of the financial market depends heavily on the superannuation sector. The SRST ...

New Forests expands US forestry footprint

VINNY VUCAGO  |  WEDNESDAY, 24 JUN 2026
... landscape, including habitat for species such as marbled murrelet, northern spotted owl, Roosevelt elk and North American black bear, creating opportunities for biodiversity and conservation initiatives. New Forests North America director of investments ...

HSBC Bank fined $35m in landmark scam-protection failures

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
... obligations under the ePayments Code and did not apply rules in the code for determining when customers or the bank should bear the losses from scams. It also admitted it did not have adequate systems in place to help customers get back into their banking ...

Accounting sector rejects shifting CSLR costs to SMSFs

VINNY VUCAGO  |  THURSDAY, 11 JUN 2026
... stem from product failures, conflicted distribution models and governance shortcomings rather than investors who ultimately bear the losses. The groups said the scheme's funding pressures have become increasingly sever, with the levy projected to rise ...
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