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Headline Issue Diary Date
Insurance — ASIC urges short-term insurers to enhance claims handling practices 285 CompliNEWS 12 Aug 2023
Hedge funds — Navigating uncertain financial waters 285 CompliNEWS 12 Aug 2023
US' SEC charges 11 Wall Street firms over recordkeeping violations 285 CompliNEWS 12 Aug 2023
Cybersecurity landscape in 2023 — Global trends and challenges 285 CompliNEWS 12 Aug 2023
Digital over-reliance: a cautionary tale for fintechs and banks 285 CompliNEWS 12 Aug 2023
Constitutional Court clarifies pension fund rule amendments, bolstering retirement security 285 CompliNEWS 12 Aug 2023
Crypto industry faces reputational crisis amid scandals and high-profile arrests 285 CompliNEWS 12 Aug 2023
Brokers denied appeal for misadvised elderly couple's lost investment in Sharemax 285 CompliNEWS 12 Aug 2023
In SA, the thumbs-up emoji could have legal significance 285 CompliNEWS 12 Aug 2023
UK Law Firm criticised by ICO for insufficient protections following cyber attack and fraudulent payments 285 CompliNEWS 12 Aug 2023
Working Smart

By Lee Rossini

Encouraging employees to change is seldom easy. During times of uncertainty, the challenge becomes even greater. Unfortunately, resisting change is human nature. People value stability and predictability as routines provide a sense of control. Uncertainty disrupts this comfort. Employees may fear losing status, skills or security if too much change is introduced. This is known as loss aversion – the tendency to perceive potential losses more strongly than potential gains.

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