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Showing 1 - 10 of 569 results for "Safety"

APRA names new deputy chairs

VINNY VUCAGO  |  FRIDAY, 3 JUL 2026
... a strong mix of skills and private and public sector experience to oversee the important work APRA does maintaining the safety and resilience of Australia's financial system," he said. Lonsdale noted Australia's financial system remained resilient ...

APRA opens consultation to governance reforms

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
... requirements to take effect from early 2028. APRA chair John Lonsdale commented: "Strong governance is fundamental to the safety, resilience and performance of banks, insurers and super funds. Over a long period of time, APRA has observed that problems ...

CALI seeks life insurers exemption from lead generation ban

RIDDHIMA TALWANI  |  TUESDAY, 9 JUN 2026
... for life insurance risks limiting legitimate information and connections that support customers to build their financial safety net." Cupitt added a blanket ban would prevent life insurers from receiving customer enquiries from comparison websites, a ...

Investment performance will not help smaller balances: Research

MATTHEW WAI  |  TUESDAY, 9 JUN 2026
... targeted contribution incentives, reforms to address career breaks and pay disparities, or enhancements to the Age Pension safety net." The study said retirees can consider a "flexible" withdrawal strategy by reducing or postponing withdrawals from their ...

Super funds push back on CSLR: SMC

VINNY VUCAGO  |  TUESDAY, 2 JUN 2026
... to reduce future claims on the scheme. "Prevention is always better than clean-up. Nothing short of large-scale consumer safety reforms that comprehensively lift the bar on consumer safety will stop continuous flooding of the scheme. Merely tinkering ...

Product Showcase: Calm in the chaos

THE FINANCIAL STANDARD TEAM  |  MONDAY, 1 JUN 2026
... It's in this space where others fear to tread that the MFS Global Contrarian Equity Trust gets down to work. Margin of safety Before the sharemarket became a sophisticated game of dots on a graph and instant trading, it was a simple case of investing ...

Westpac fined $26m for financial hardship neglect

KARREN VERGARA  |  WEDNESDAY, 27 MAY 2026
... of reasons including domestic abuse, natural disasters, serious illness or the loss of their job. Instead of providing a safety net for these customers, Westpac's systemic failures let them slip through the cracks," she said. Westpac has since committed ...

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... retirement savings were lost. The Super Members Council (SMC) welcomed the decision and highlighted the need for more consumer safety in super following the devastating collapses. "Overall, this is a steady as she goes budget for super, with a handful ...

Product showcase: A guaranteed future

THE FINANCIAL STANDARD TEAM  |  MONDAY, 11 MAY 2026
... the way these features work together that really differentiates it," Marquet says. "The first is growth potential with a safety net. Before a client switches on their lifetime income, their money remains invested. It has the opportunity to participate ...

QIC faces heat over aviation firefighting asset privatisation

RIDDHIMA TALWANI  |  TUESDAY, 5 MAY 2026
... training facilities and stations. It's also understood Airservices would retain full accountability for all regulatory and safety compliance and a governance structure would also be put in place, including members of staff and union representatives ...
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