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Showing 1011 - 1020 of 7371 results for "System"

Allianz Retire+ heavyweight jumps ship

ELIZABETH FRY  |  FRIDAY, 17 NOV 2023
... possibility of obtaining banking data using the Consumer Data Right, or open banking as it is widely known. "For a compulsory system, obtaining data through MyGov is an efficient way to supply superfunds with the data they need to build better retirement ...

Objective of super bill lands in parliament

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
... objective of superannuation in legislation as part of its agenda to strengthen and maximise the benefits of the nation's super system," Chalmers said. "An agreed objective of super will serve as a guide for future governments, regulators, industry, and ...

Rest hires policy lead from HESTA

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
... represent their interests in our public policy engagements and activity." For his part, Burgio said: "Our superannuation system should work for all Australians. Rest uniquely represents more than a million members under the age of 30 and one million ...

Institutional investor tips $30m into new Mantis offer

CHLOE WALKER  |  THURSDAY, 16 NOV 2023
The Magnetar Relative Value Unit Trust, seeded by an unknown local institutional investor, is a feeder into a Cayman master fund managed by Magnetar Capital (Magnetar) and distributed by Mantis Funds (Mantis). Magnetar is a US-based multi-strategy alternative ...

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... signalled that tackling misconduct is a "key priority" and requisite to maintaining trust and integrity in the financial system. The corporate regulator's update highlighted its actions from July to September, including a civil penalty imposed on AustralianSuper ...

APAC looks to data-driven future: State Street

CHLOE WALKER  |  WEDNESDAY, 15 NOV 2023
Over 80% of institutions globally expect sizeable opportunities to emerge from enhanced data management and usage, according to State Street's latest report. The State Street Data Opportunity Study, conducted in the third quarter of the year, analysed ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... and meeting regulator expectations, as well as assisting them with hardship, protection from fraud, cyber-security, and system reliability. "Overall, Australia's major banks are very well positioned in capital, provisions and franchises to absorb ...

Msquared Capital bolsters local team

CHLOE WALKER  |  TUESDAY, 14 NOV 2023
Greg Thomas and Michael Volkiene will join the private credit fund manager as its chief operating officer and general manager, loan origination and credit, respectively. Thomas brings over 24 years of experience in funds management to the role and joins ...

Dimensional launches inaugural ETFs

KARREN VERGARA  |  MONDAY, 13 NOV 2023
Dimensional Fund Advisors has, for the first time, forayed into the local exchange-traded funds (ETFs) market, launching three actively managed core equity strategies. The three products, which began trading today, are offered in a dual-access structure ...

Wealth managers shirk cybersecurity priorities

KARREN VERGARA  |  MONDAY, 13 NOV 2023
An alarming number of small and large wealth managers are underprepared for cybersecurity breaches particularly when it comes to managing third-party providers, a new report from ASIC finds. Wealth managers across the spectrum have a long way to go ...