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Showing 1 - 10 of 493 results for "Financial Services"

AI-washing and cyber-washing

JAMES NORTH, FRIEDA CHAN, EUGENIA KOLIVOS  |  THURSDAY, 2 JUL 2026  |  NEWS
... use of AI is already regulated by technology-neutral consumer protection laws, directors' duties laws, and financial services and credit licensee obligations, such as the obligation to provide licensed services "efficiently, honestly and fairly". Businesses ...

UK proposes to simplify product-level climate disclosures

RIDDHIMA TALWANI  |  MONDAY, 15 JUN 2026  |  NEWS
... disclosure rules to reduce undue burden on firms. The Financial Conduct Authority (FCA), which regulates the financial services industry in the UK, estimates investment firms could save around £20 million ($41.6m) a year by replacing detailed product-level ...

Lonsec launches governance tool as scrutiny of investment oversight intensifies

VINNY VUCAGO  |  FRIDAY, 5 JUN 2026  |  NEWS
... processes. Lonsec executive Lorraine Robinson said investment governance has become a critical focus across the financial services industry. "Across advice licensees, platforms and trustees, expectations around governance have never been higher," Robinson ...

'Shockproof' portfolios integrate geopolitical risks: CIO

KARREN VERGARA  |  THURSDAY, 28 MAY 2026  |  NEWS
... politics, are now less stable. "One of the ramifications of what's happened in the Middle East is significant financial services development across the peninsula. I don't think anyone expected those areas to come under missile or drone attack. ...

ASIC flags disclosure flaws in mandatory climate reports

VINNY VUCAGO  |  MONDAY, 18 MAY 2026  |  NEWS
... listed entities and 225 from unlisted groups. Mining related business construction and manufacturing firms, financial services groups, oil and gas companies and energy providers accounted for the largest share of lodgements. While ASIC welcomed the effort ...

Financial services 'structurally behind' on calculating climate-related risks

MATTHEW WAI  |  THURSDAY, 7 MAY 2026  |  NEWS
Although financial services firms have formed "solid" governance structures to acknowledge climate-related risks, the action taken on them tells a very different story, a new analysis shows. Sustainability consultancy ERM has analysed 33 disclosures ...

First Nations Foundation recovers over $4m in super for Qld communities

MATTHEW WAI  |  THURSDAY, 9 APR 2026  |  NEWS
... Bennett said the effort the organisation has put into the program should prompt reflection across the broader financial services sector. "A modest investment in logistics and partnership can translate into life changing financial outcomes for Aboriginal ...

Fiducian fined $7.3m for greenwashing

KARREN VERGARA  |  TUESDAY, 31 MAR 2026  |  NEWS
... Processes Statements which were liable to mislead the public as to the nature and/or the characteristics of financial services" thus contravening the ASIC Act, Fiducian said in a statement. FIMS, as the responsible entity (RE) of the DSAF, also contravened ...

SMC outlines better practice principles for First Nations super members

ELIZA BAVIN  |  THURSDAY, 19 MAR 2026  |  NEWS
... clearer pathways for greater economic participation from First Nations people with continued support from the financial services industry. "Australia is consistently recognised as a standard-bearer for its retirement system, and there are many benefits ...

Geoff Lloyd to lead Perpetual wealth spin-off

ELIZABETH FRY  |  THURSDAY, 19 MAR 2026  |  NEWS
... has also held executive positions at BT and St George Bank's wealth management arm and was chair of the Financial Services Council. In 2010, Lloyd left a leadership position within BT's advice and private banking business to head Perpetual Private ...
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