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Showing 1161 - 1170 of 7380 results for "System"

Cheques to wind down by 2030: Chalmers

CASSANDRA BALDINI  |  THURSDAY, 8 JUN 2023
... strategic plan yesterday in front of the Australian Banking Association and said the vision is to create a modern, world-class system. In his address, he said the usage of cheques has been declining with a 90% drop over the last 10 years. "This is largely ...

Advice regtech acquires TIQK assets

KARREN VERGARA  |  WEDNESDAY, 7 JUN 2023
Regtech provider for financial advisers Fourth Line has acquired the intellectual property of defunct startup TIQK. The assets include artificial intelligence and natural language processing technology. Fourth Line chief executive Joel Ronchi said that ...

Advisers pivot to protect retirees from inflation

CASSANDRA BALDINI  |  WEDNESDAY, 7 JUN 2023
... could impact where they are 15 and 20 years into retirement. "Many of the costs of accessing the Australian healthcare system are linked to our social security system," he pointed out. "MRIs, ultrasounds, or all sorts of different medical tests can be ...

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... concerns, she affirmed the ASA's support for measures that address intentional tax avoidance or manipulation of the franking system.

ASX lays out five-year plan to restore trust

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... to evolve beyond 2025 and there will be further support and maintenance activities until 2032 or such time as the CHESS system in replaced," ASIC said. The ASX is set to respond to ASIC's first special report by the end of June. In July, it will ...

AI in ESG: Risk or opportunity?

ROSE MARY PETRASS  |  MONDAY, 5 JUN 2023
... it is expected that technology companies will encounter the most significant risks and have the potential for profound system-wide impacts, many other sectors will also experience material effects due to AI technology. Certain risks, such as cyber security ...

ESSSuper reduces admin fees, renews insurance mandate

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2023
ESSSuper is reducing administration fees and plans to rebate some of this financial year's admin fees, citing efficiencies gained through outsourcing administration. Meanwhile, it has also signed a new group insurance contract. Currently, ESSSuper ...

Vanguard fined for defective account statements

KARREN VERGARA  |  MONDAY, 5 JUN 2023
... ($1.2m) fine and a slap on the wrist. FINRA said that Vanguard as a member firm is expected to "establish and maintain a system to supervise the activities of each associated person that is reasonably designed to achieve compliance with applicable securities ...

Heatmaps drive efficiencies, more consolidation: Cole

CHLOE WALKER  |  FRIDAY, 2 JUN 2023
... Margaret Cole noted that the heatmaps and performance tests have created a more efficient and transparent superannuation system that will ultimately drive more consolidation. While that might be somewhat counterintuitive to the notion of competition ...

No longer an accumulation game: ART

CHLOE WALKER  |  THURSDAY, 1 JUN 2023
... Actuaries 2023, Australian Retirement Trust (ART) strategist, asset and liability management Kathryn Spragg said the super system needs alternative measures to start looking at retirement products. Two years since the formation of ART, Spragg says the ...