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Showing 1841 - 1850 of 9828 results for "ISS"

State Street bags K2 Asset Management mandate

ANDREW MCKEAN  |  FRIDAY, 13 MAY 2022
K2 Asset Management has announced that State Street Australia will be the fund administrator and custodian for the Cosmos Purpose Bitcoin Access ETF (CBTC). State Street will administer and provide custodial services in Australia to this fund that provides ...

ASIC outlines cybersecurity expectations

JAMIE WILLIAMSON  |  FRIDAY, 13 MAY 2022
Following on from RI Advice's Federal Court loss, the corporate regulator has laid out its expectations of licensees when it comes to cybersecurity. Just last week, in what was an Australian-first, the Federal Court found RI Advice failed its obligations ...

US inflation wavers near a 40-year high

ANDREW MCKEAN  |  THURSDAY, 12 MAY 2022
The US inflation rate has fallen to 8.3%, but the Consumer Price Index continues to flirt with catastrophic 40-year highs. The index also revealed that costs had risen by a monthly rate of 0.3% in April after having risen 1.2% in March. This decline ...

ETF Securities to win Australian crypto ETF race

ANDREW MCKEAN  |  TUESDAY, 10 MAY 2022
ETF Securities is claiming to have won the race to launch Australia's first bitcoin and ether ETFs. Cosmos Asset Management, 3iQ and other companies have jockeyed with ETF Securities to list first, but the latter has said it's ended the multi-year contest ...

AFCA adopts case merit assessments

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
The Australian Financial Complaints Authority will permanently adopt a merit assessment process, so that complaints where no error or financial loss has occurred can be identified and excluded quickly. AFCA conducted a three-month pilot program last ...

Bendigo and Adelaide Bank establishes new super trustee

ANDREW MCKEAN  |  MONDAY, 9 MAY 2022
The trustee and issuer of Bendigo SmartStart Super and Bendigo SmartStart Pension has changed from Sandhurst to the newly created Bendigo Superannuation. Bendigo Super is a new subsidiary company of Bendigo and Adelaide Bank with the purpose of being ...

NFP funds dominate retiree super: Research

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
The world of retiree super - traditionally the domain of retail funds - is now overwhelmingly controlled by the not-for-profit sector, new research shows. About 60% of all retiree superannuation savings is now held in NFP funds, Rainmaker analysis of ...

Rest bolsters operational risk oversight

ELIZABETH FRY  |  FRIDAY, 6 MAY 2022
After almost 14 years at Deloitte, Jason Foo has joined Rest's investment team to help run operational risk. The industry fund confirmed that Foo was appointed senior manager, operational risk, and compliance, investment management. Foo was a director ...

Senator Bragg defends domestic crypto ETFs

ANDREW MCKEAN  |  THURSDAY, 5 MAY 2022
In a letter to ASIC, Liberal senator Andrew Bragg has welcomed foreign crypto ETF competition but not before domestic products have become widely available. Bragg asked the regulator to confirm it will not provide an uneven playing field for foreign ...

ANZ stablecoin amplifies changing operating models

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
ANZ has seized the opportunities afforded to it by global digital currency adoption and created the first Australian-bank-issued stablecoin with positive results. Having only recently minted its first stablecoin, ANZ has already found several key elements ...