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Showing 191 - 200 of 1790 results for "Monitor"

ASIC, APRA provide FAR update

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
The Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) have published new information to help insurers and superannuation trustees prepare for the commencement of the Financial Accountability ...

APRA heightens expectations around trustees' spending

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
APRA reissued guidance around strategic planning and member outcomes, placing a clearer focus on superannuation members' interests when it comes to fund expenditure. The regulator updated Prudential Standard SPS 515 Strategic Planning and Member Outcomes ...

AllianceBernstein appoints chief AI officer

ELIZA BAVIN  |  TUESDAY, 2 JUL 2024
... reports and filings to identify potential risks. In September last year Chin told Insider that the firm was also using AI to monitor reports, news, and other written documents for insights in language to measure potential company performance. Chin said ...

Will ASIC use AI for advice compliance monitoring?

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
The rapid expansion of artificial intelligence (AI) applications in the financial advice industry has led to a prediction that ASIC could soon incorporate AI into its compliance and audit checks of advisers. Financial technology firm Padua envisions ...

Advisers call for apology from Super Members Council

JAMIE WILLIAMSON  |  FRIDAY, 14 JUN 2024
... right thing, and we are committed to ensuring they are held to account. FAAA members pay a very large amount to ASIC to monitor and hold to account not only financial advisers but also unlicensed operators. "Our members also actively report misconduct ...

APRA updates industry on operational resilience guidance

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
The Australian Prudential Regulation Authority (APRA) has released its finalised prudential practice guide to help superannuation trustees, banks and insurers strengthen their management of operational risk and improve business continuity planning. ...

Super Members Council renews calls for anti-hawking extension

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
The Super Members Council (SMC) has revived its predecessor's calls to extend anti-hawking legislation, slamming a sub-set of financial advisers using social media posts and cold calling to drum up business. Prior to its merger, the Australian Institute ...

Brighter Super awards custody mandate

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
Brighter Super has appointed a new custodian, severing its ties with NAB Asset Servicing. The $32 billion super fund chose State Street to be its custodian and back-office administrator for some 130 portfolios. The services cover fund accounting and ...

NZ Super awards mandate to Northern Trust

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024
NZ Super has awarded a mandate to Northern Trust to use its Data Warehouse Solutions offering. NZ Super was seeking a solution that could consolidate its data and enable it to scale as it transitions away from legacy technology. Northern Trust has been ...

Equity Trustees hit with fine by APRA

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
... to be compliant with our reporting standards to ensure APRA always has the most up-to date information to effectively monitor the safety and stability of Australia's banking, insurance and superannuation systems," Cole said. "Notwithstanding the highly ...