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Showing 1 - 10 of 1621 results for "Responsibility"

FEATURE | Member engagement | On the ball

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... and could be described as "sleepy". "But that's changed now. Funds are far more engaged and recognise their responsibility to help members achieve a comfortable retirement," she says. "Super funds have woken up to the responsibility that they are ...

Union calls on RBA staff to reject pay offer

VINNY VUCAGO  |  MONDAY, 22 JUN 2026
... spokesperson for the RBA said: "The proposed increase recognises our people's contributions while balancing the RBA's responsibility to serve the Australian public. "The offer considers economic conditions and benchmarking across the Australian Public ...

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

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
... with affected customers. ASIC said the judgement "is one of the first of its kind globally and reinforces the core responsibility of banks to protect their customers from scams." The regulator launched legal proceedings in late 2024, alleging the bank ...

Mercer reviews small caps, Aussie equities mandates

KARREN VERGARA  |  WEDNESDAY, 17 JUN 2026
... Investors are overseeing the small-caps fund. Mercer said it regularly assesses external managers as part of its responsibility for establishing, implementing and monitoring each fund's investment objectives and strategy. The changes follow Mercer ...

ASX to pay $23m, admits misrepresentation over CHESS replacement

MATTHEW WAI  |  MONDAY, 15 JUN 2026
... words matter. I am sorry ASX fell short. We recognise the impact this has on trust and confidence, and we take responsibility for the lessons that must be learned from that experience." He added that the project is now on "firmer footing" and highlighted ...

Product showcase: Reframing financial advice

THE FINANCIAL STANDARD TEAM  |  MONDAY, 15 JUN 2026
... determine whether existing structures remain fit for purpose and if not, what alternatives are needed. A sense of responsibility Because incoming new tax rules may fundamentally reshape tax positions for years to come, advisers are viewing tax structures ...

Quinbrook appoints Australian lead

VINNY VUCAGO  |  FRIDAY, 12 JUN 2026
... transition infrastructure investor Quinbrook has appointed Tim Horneman as region leader for Australia, formalising his responsibility for the firm's local investment activities and business operations. The appointment strengthens Quinbrook's global ...

Super funds push back on CSLR: SMC

VINNY VUCAGO  |  TUESDAY, 2 JUN 2026
The Super Members Council (SMC) has urged the federal government reject proposals that would expand funding responsibility for the Compensation Scheme of Last Resort (CSLR) to Australians in APRA-regulated superannuation funds, arguing the costs should ...

CSLR levy must be directed towards bad actors: Burgess

MATTHEW WAI  |  FRIDAY, 29 MAY 2026
... fallen victim to poor advice and/or product failure." Burgess also said the government should share CSLR funding responsibility, a suggestion echoed by the Council of Australian Life Insurers. "It is unreasonable to expect that the cost should fall solely ...

Small pocket of failed measures can 'blow the entire business': Anderson

MATTHEW WAI  |  FRIDAY, 29 MAY 2026
... website or communicate to anyone dealing with him who's no longer an authorised representative. "It's a licensee responsibility, in that case, he was acting outside of the authorisation, but the licensee should have been monitoring more closely." ...
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