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Showing 1 - 10 of 438 results for "Discover"

Who is the highest paid S&P500 company chief?

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
The chief executive of semiconductor manufacturer Broadcom pocketed US$161.8 million in total remuneration in 2023 to be the only boss among S&P500 companies to receive a nine-figure salary, a new pay study shows. Broadcom's Hock E. Tan is the only ...

HESTA pushes for expediated advice reforms

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024
... said that digital technologies can help start the conversation. "So often, women who access trusted financial expertise discover they have more choices than they thought and can make a real difference to their financial position," she said. So, HESTA ...

Iress breach extends to OneVue business

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAY 2024
Iress has confirmed the breach it was victim to over the weekend was worse than first thought, having spread to the recently offloaded OneVue business. On Monday, Iress told shareholders its private user space on code repository GitHub had been breached. ...

Iress says its GitHub user space was breached

JAMIE WILLIAMSON  |  MONDAY, 13 MAY 2024
Iress has disclosed to shareholders that its private user space with software code repository GitHub was subjected to a cyber-attack over the weekend. On Saturday, GitHub - a third-party platform that manages software code before it goes live on another ...

ASIC slams funds' serious deficiencies over advice fee charges

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
A review by ASIC has found evidence of poor oversight of advice fee deductions by superannuation trustees, with some allowing charges of up to $20,000 before raising concerns and some not conducting any checks of advice documents at all. ASIC is calling ...

Discover the best performing asset class of 2023: Mercer

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
2023 proved to be a great year for investors, with all but one asset class delivering a positive return. International equities (unhedged) led the pack with a positive return of 23.2%, driven by investor enthusiasm for tech and AI-related opportunities. ...

HUB24 hits $100bn milestone

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... Administration and Reporting Services' (PARS) FUA of $20.3 billion grew 16% over the year. The recently launched HUB24 Discover, which targets advised clients with smaller amounts of investible assets and later stage retirees, recorded an FUA of ...

'Licensee for hire' fined $1.25m by court

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
Lanterne Fund Services was issued a $1.25 million penalty by the Federal Court for failing to comply with basic obligations, including operating with almost no compliance staff or risk management processes. In July 2022, ASIC issued civil penalty proceedings ...

Threats outside the Australian financial system build: RBA

ANDREW MCKEAN  |  TUESDAY, 26 MAR 2024
The Reserve Bank of Australia's (RBA's) latest Financial Stability Assessment has said that although risks to global economy have been balanced as inflation has eased, risks to financial stability remain. The Assessment said there is a possibility ...

Platforms ramp up innovation, back-end efficiencies

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... up multiple accounts also helps reduce administrative burden, such as effort in generating reports," he said. HUB24's Discover and CFS's Edge Accelerate are examples of next-generation propositions with cheaper SMA-based menus. These offerings, he said ...
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