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Showing 111 - 120 of 11642 results for "Risk"

Risk, compliance staff in hot demand

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
With regulatory demands showing no signs of slowing in 2024, experienced risk and compliance professionals remain hot property. According to Kaizen Recruitment director Amanda Chisholm, factors like RG97, the Financial Accountability Regime, regulators' ...

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
... be introduced that measures investment performance, flexibility to access funds, and giving people control of the level of risk they want. Finally, the use of annuities for members or cohorts of members should not be mandated, it said; "Trustees are ...

Economists share their top left field ideas for 2024

JAMIE WILLIAMSON  |  TUESDAY, 20 FEB 2024
... Hogan warned attendees to keep an eye on the elevated levels of business insolvencies we're seeing. Describing it as a "huge risk" over the next 12-18 months, Hogan predicted there could be as many as 60,000 zombie firms in Australia currently; a number ...

APRA proposes updated operational risk financial requirements

ANDREW MCKEAN  |  TUESDAY, 20 FEB 2024
The Australian Prudential Regulation Authority (APRA) has proposed changes to operational risk financial requirements for registrable superannuation entities (RSE) licensees. The prudential regulators adjustments are designed to bolster the ability ...

Aussies want control of nest eggs: FSC

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... managing their retirement money - 39% compared to 37% respectively. FSC chief executive Blake Briggs said there is significant risk for the government if it tries to convince Australians that politicians know best in determining which retirement products ...

DASS compensation drags AFCA, lead decision published

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... Further the related entity investments recommended, such as the US Masters Residential Property Fund (URF), carried more risk than the complainant understood or needed. The fees were also excessive when compared to alternative investment products," it ...

Aware Super builds out BTR portfolio

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2024
... can and does play an important role in providing such crucial infrastructure at the same time as we aim to deliver strong risk-adjusted returns for our 1.1 million members," she said. As the development's completion nears, the fund will determine whether ...

ASIC files lawsuit against unlicensed director, companies

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2024
... Exalt Global Funds Limited was found to have made misleading statements in product disclosure statements about the level of risk associated with the Paladin Monetizer Fund; didn't keep proper financial records for the fund; and failed to lodge annual ...

AI poses potential challenge to financial stability: Gensler

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
Artificial intelligence could threaten financial stability, forcing novel macro-prudential strategies, according to US Securities and Exchange Commission (SEC) chair Gary Gensler. In a speech at Yale Law School, Gensler described AI as having "tremendous ...

Dexus results mixed prior to Steinberg's exit

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
The property giant recorded a net loss of $597.2 million, but also managed to secure $9 million in trading profits after tax for the six months to 31 December 2023. The external independent portfolio valuations for Dexus saw mixed results, with a total ...