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Showing 1411 - 1420 of 7728 results for "CRI"

APRA consults on new operational risk standards

JAMIE WILLIAMSON  |  FRIDAY, 29 JUL 2022
APRA is proposing to introduce new minimum standards for super funds in managing operational risk, opening a new consultation. As part of the consultation, APRA has released Prudential Standard CPS 230 Operational Risk Management which includes minimum ...

KPMG spotlights super's biggest challenges

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
KPMG has flagged ESG, tax governance, financial crime, adaptive investment operations and regulatory risks as some of its key considerations for the super sector in 2022. According to KPMG's latest Super Insights 2022 report, last year climate change ...

Treasurer responds to dour inflation, growth

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
Treasurer Jim Chalmers has addressed Australia's confronting inflation numbers and the International Monetary Fund's (IMF) substantial global growth downgrades at a Canberra press conference. Unsurprised to see inflation north of 6%, Chalmers ...

State Street to administer $1bn private equity fund

CHLOE WALKER  |  WEDNESDAY, 27 JUL 2022
In a win for its local alternatives services business, State Street has been appointed as fund administrator for the Mercury Capital Fund twenty2. The fund, which recently raised $1 billion, is Mercury Capital's fourth private equity fund since inception. ...

Legalsuper hires from ART, Perpetual

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
A chief operating officer and a head of product will join the legalsuper leadership team following its restructure earlier this year. Trevin Erichsen has been appointed chief operating officer, joining from Australian Retirement Trust where he is currently ...

Inalytics develops new data-driven model

CASSANDRA BALDINI  |  WEDNESDAY, 20 JUL 2022
Inalytics has developed a skills-based data model that allows pension funds and other institutional asset owners to effectively and efficiently screen and monitor asset managers. The model, 'DECSIS', analyses the four core investment decisions and processes ...

Fraud charges laid over unlicensed scheme

CASSANDRA BALDINI  |  WEDNESDAY, 20 JUL 2022
Former Perth unlicensed investment scheme boss Chris Marco has been charged with 50 counts of fraud and is due to appear in Perth Magistrates Court on Friday. The charges follow ASIC's investigation which alleged that, between July 2013 and October ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
Labour costs have played an insignificant role in the recent increase in inflation, according to an Australia Institute analysis. While a plethora of market commentary has expressed concern that aggressive wage growth will elevate inflation levels ...

Akambo grows leadership team

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
Akambo Financial Group has appointed Michael Happell as its non-executive chair and Kevin White as non-executive director to the board of its holding company. The integrated financial services business recently merged with the well-established wealth ...

Hostplus links returns to active approach

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
Hostplus has advocated for the employment of active management strategies to navigate difficult global markets. On the back of announcing it had delivered a positive 1.57% return for its members in its Balanced (MySuper) option for the financial year ...