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Showing 1081 - 1090 of 7380 results for "System"

Global X launches cybersecurity ETF

CHLOE WALKER  |  WEDNESDAY, 13 SEP 2023
The Global X Cybersecurity ETF (BUGG) invests in the rapidly growing cybersecurity industry, with a management fee of 0.47% per annum. BUGG tracks the Indxx Cybersecurity Index, targeting companies that derive more than half of their revenue from cybersecurity ...

HESTA welcomes head of portfolio design

CHLOE WALKER  |  TUESDAY, 12 SEP 2023
Dianne Sandoval will become the super fund's head of portfolio design, starting her new role in October. Sandoval brings over 30 years of investment management experience to the role, having worked at financial institutions across the Middle East ...

AIST, ISA detail advocacy body to come of merger

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
A newly formed policy and advocacy body for profit-to-member superannuation funds will be launched by October, to create a cohesive voice for the sector. The Australian Institute of Superannuation Trustees (AIST) and Industry Super Australia (ISA) have ...

Some explanations have missed the mark: Lowe

CASSANDRA BALDINI  |  FRIDAY, 8 SEP 2023
... people. "And I will leave the RBA after 43 years proud of our contribution to the stability of both our economy and financial system," he said.

Investing in research generates threefold economic output

ROSE MARY PETRASS  |  THURSDAY, 7 SEP 2023
... domestic and family violence laws in Queensland and South Australia, improving the responsiveness and efficiency of the legal system. EY chief sustainability officer Mat Nelson commented that research and development (R&D) is under-funded in Australia ...

Macquarie flags asset management challenges

CASSANDRA BALDINI  |  THURSDAY, 7 SEP 2023
Macquarie Group posted a 3% drop in its private markets assets under management (AUM) to $326.8 billion and said its asset management business will face economic challenges over the short term. In an investor presentation, the group said the drop was ...

Financial advice firms profits jumps: Research

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
New data suggests that 38% of financial advisers are reporting higher practice profitability. According to Investment Trends' 2023 Adviser Business Model Report, the number of advisers has decreased, but on average those who are left, are servicing ...

Financial hardship neglect lands Westpac in court

KARREN VERGARA  |  TUESDAY, 5 SEP 2023
ASIC is suing Westpac for neglecting more than 200 customer hardship requests over seven years, for which the bank blames "technology failure". ASIC commenced civil penalty proceedings in the Federal Court, alleging that Westpac failed to respond to ...

Government consults on superannuation objective laws

ANDREW MCKEAN  |  FRIDAY, 1 SEP 2023
... way." The Superannuation (Objective) Bill 2023 seeks to formalise a "shared purpose" for Australia's superannuation system. The bill stipulates that policy makers must assess future superannuation legislation against this set objective and incorporate ...

Government must do more after product failures: FSC, SCA

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2023
... assessment's application, including expanding its remit. Super Consumers Australia said the results demonstrate the need for system-wide quality testing. This year, 97 products underperformed the Your Future, Your Super test, including 96 Choice products ...