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Showing 191 - 200 of 224 results for "operational risk"

SMSFs carry underlying key person risk: report

MICHAEL HOBBS  |  WEDNESDAY, 4 AUG 2010
A new report has raised concerns about the structure of self managed super funds (SMSF) as trustees potentially become unable to adequately invest and administer their retirement savings as they get older. The Financial Wellbeing in Retirement report ...

GESB can manage tougher measures on capital reserves

MICHAEL HOBBS  |  FRIDAY, 9 JUL 2010
... recommended new capital requirements should be introduced and that legislation should define the minimum and maximum operational risk reserves, versus the current policy of not defining the reserves. Michelle Dolin, GESB chief executive said that this ...

Crédit Agricole signs on Calypso

COMPANY RELEASE  |  FRIDAY, 11 JUN 2010
... regions our STP rate has increased to 98 per cent, and across the board there has been a reduction in IT and operational risk. "Furthermore, we have seen improved customer service through the comprehensive reporting system, which was easily adapted to ...

SimCorp appoints Aus/NZ client manager

MEDIA RELEASE  |  WEDNESDAY, 2 JUN 2010
... to underpin that growth, and guide clients through this turbulent period of regulatory change and heightened operational risk concerns," said Lister. Lister has a background in consulting as well as having held senior positions with banks including Standard ...

IFSA blasts latest APRA league tables

ALEX DUNNIN  |  THURSDAY, 25 MAR 2010
... measured. "ASFA fully supports the measuring of the overall performance of super funds. Governance, management of operational risk, sustainability of the business and efficiency are all part of the equation in providing greater accountability and transparency," ...

Mercer appoints head of super

COMPANY RELEASE  |  THURSDAY, 11 MAR 2010
... Mercer Sentinel, the firm's investment operations specialist team to focus primarily on daily and event-driven operational risk, and Rebecca Dixon joins Mercer's Responsible Investment team. Mercer now has more than 100 professional investment consulting ...

Mammoth super data creates operational risk

COMPANY RELEASE  |  MONDAY, 17 AUG 2009
Super funds may need to reassess their technology budgets after research found swelling data volumes is putting storage systems under too much pressure. Symantec research found Australian companies are struggling to keep up with rising data volumes ...

APRA calls for IT risk submissions

MICHAEL HOBBS  |  WEDNESDAY, 13 MAY 2009
... view, IT security risk represents the intersection of IT risk and security risk which, in turn, are subsets of operational risk," the discussion paper said. Once APRA receives submissions the regulator expects to issue a final version of the PPG later ...

Instos search for cash alternatives

MICHAEL HOBBS  |  MONDAY, 11 MAY 2009
... great idea until they started to get their statements and had to do the work around it and realised the potential operational risk." He said the firm's Cash Reserve fund hasn't received huge amounts of flows but the firm is working hard to develop relationships ...

Smaller funds lack risk reserves

MICHAEL HOBBS  |  TUESDAY, 28 APR 2009
A Mercer survey has revealed smaller super funds are less likely to have appropriate levels of operational risk reserves than larger funds, a survey found. An operational risk reserve is created by the super fund to provide immediate access to funds ...