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Showing 1271 - 1280 of 7379 results for "System"

Link Group appoints general manager

CHLOE WALKER  |  MONDAY, 20 MAR 2023
... transformation experience. "I'm excited to be joining an organisation that plays such a critical role within the superannuation system in Australia- which is highly regarded as one of the most advanced in the world," she said. "I know the outlook for ...

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
... Swiss authorities today to support financial stability," they said. "The capital and liquidity positions of the US banking system are strong, and the US financial system is resilient. We have been in close contact with our international counterparts ...

Early super release scheme a mistake: ISA

ANDREW MCKEAN  |  FRIDAY, 17 MAR 2023
... largely held by women, single parents and the unemployed. ASFA deputy chief executive Glen McCrea said while the super system played a crucial role in distributing payments quickly in the early days of the COVID-19 pandemic, the early release scheme ...

TAA urges active recruitment for industry sustainability

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
The Advisers Association (TAA) is urging the industry to proactively attract more entrants to the profession, starting by working closely with universities and education providers. TAA chief executive Neil Macdonald said advisers should think laterally ...

Fink warns of "slow rolling crisis"

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
... too quiet." Something else had to give as the fastest pace of rate hikes since the 1980s exposed cracks in the financial system," he wrote. The collapse of Silicon Valley Bank over the weekend and two other smaller banks since might have been just that ...

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
The ASX fell 1.4% this morning following chaos at Credit Suisse that spurred on Wall Street downturns, but this isn't the only reason we're seeing a slump. Commonwealth Bank subsidiary CommSec explained the Aussie market opened down 97pts or ...

Aware Super to boost investment capabilities with new platform

ANDREW MCKEAN  |  THURSDAY, 16 MAR 2023
Aware Super is enhancing its investment capability by creating an in-house investment platform through an internal initiative called 'Project Odin'. The aim of the platform and Project Odin is for Aware Super to strengthen its internal management foundations ...

GBST revamps wealth platform, unveils corporate rebrand

ANDREW MCKEAN  |  WEDNESDAY, 15 MAR 2023
Tomorrow, GBST will launch its enhanced SaaS Composer wealth management administration platform and refreshed brand to support a new strategic direction. GBST's upgraded SaaS Composer platform offers organisations a consolidated view of their customers' ...

No systemic risk with SVB, but issues remain: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
... into higher-earning assets as interest rates plateau." Finally, a risk-off environment due to concerns about the financial system could result in a shift out of equities back into cash, which would increase industry-wide deposits. On the other hand ...

Wealth managers bracing for compensation claims

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
A rise in compensation claims from clients is expected over failure to understand risk suitability and will lead to tougher regulation, research suggests. New research from Oxford Risk revealed 58% of wealth managers, who collectively manage assets ...