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Showing 241 - 250 of 1826 results for "Monitor"

UniSuper restores online services, app

JAMIE WILLIAMSON  |  MONDAY, 13 MAY 2024
UniSuper's systems are back online, after close to two weeks of disruption following the deletion of its private cloud. In an update today, UniSuper chief executive Peter Chun said online services across the fund's website and app have been ...

Federal Court rejects two CBA class actions

KARREN VERGARA  |  MONDAY, 13 MAY 2024
... money laundering and/or structuring on CBA accounts in 38 instances, AUSTRAC at the time accused CBA did not appropriately monitor its customers to mitigate and manage money laundering and terrorism financing risk, including the ongoing AML/CTF risks ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... funds some 12 months on. Yesterday, ASIC released a report highlighting the failure of several super funds to adequately monitor and question fee deductions from member accounts being made by financial advisers and licensees. In its review of 10 trustees ...

Senior Cbus investment manager exits

ELIZABETH FRY  |  FRIDAY, 10 MAY 2024
Cbus' head of total portfolio management has left the fund, while a former JANA executive has joined its infrastructure team. Hired three years ago, Cbus head of total portfolio management Mark Ferguson has departed. hE was responsible for asset ...

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 ...

APRA 'continuing to monitor' UniSuper outage

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
... brief statement to Financial Standard, APRA said it is "aware of the system outage affecting services and is continuing to monitor the situation." It also cited a speech delivered by Therese McCarthy Hockey in August of last year on the regulator's ...

J.P. Morgan hit with $775k penalty

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
J.P. Morgan Securities Australia Limited (JPMSAL) has been hit with a $775,000 fine by the Markets Disciplinary Panel (MDP) following an investigation by the Australian Securities and Investments Commission (ASIC). The MDP found JPMSAL permitted suspicious ...

Experts weigh in: Will the RBA hike rates again?

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
The Reserve Bank of Australia (RBA) left interest rate unchanged at the May meeting, as was widely expected by economists. But some have suggested another hike could be on the horizon given less than optimistic inflation data which rose 1% in the March ...

AMP Advice partners with BlackRock and Lonsec

ELIZA BAVIN  |  TUESDAY, 30 APR 2024
... practices. Advisers will have access to portfolio performance tracking and dedicated content support allowing them to monitor their holdings, performance, and access trade notices and market commentaries that can be white-labelled for their client base ...

Macquarie Bank to pay $10m for unauthorised fee transactions

ELIZA BAVIN  |  MONDAY, 22 APR 2024
... The court determined that between 1 May 2016 and 15 January 2020, Macquarie failed to implement effective controls to monitor whether third party bulk transactions under the fee authority were actually for fees. While Macquarie initially defended the ...