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Showing 261 - 270 of 1790 results for "Monitor"

Cyber breach claims CalPERS member data

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
More than 750,000 retired members of one of the world's largest pension funds have had their personal information accessed in a cybersecurity breach. The California Public Employees' Retirement System (CalPERS) is alerting its retired members and their ...

Decade-long Santos well leak prompts investor concern

ROSE MARY PETRASS  |  FRIDAY, 16 JUN 2023
... report. The regulator is only responsible for operational and temporarily abandoned wells and has no regulatory authority to monitor wells abandoned prior to its establishment in 2012. Jeff Waters, campaigner at Friends of the Earth, said methane should ...

Federal Reserve holds rates steady

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
... economic and financial developments. "In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook," a FOMC statement said. "The Committee would be prepared ...

OnePath fined over MySuper bungle

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUN 2023
Insignia Financial and OnePath Custodians will pay $1.5 million for failing to direct member contributions to a MySuper product. APRA has fined OnePath Custodians $1.46 million after it was made aware 125 default member contributions were not directed ...

Super funds consider future of PwC contracts

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... as independent auditor. "Hostplus is aware of the concerns related to PWC's business practices and will continue to monitor the situation," a spokesperson said. UniSuper, which uses EY for external audit and PwC for internal audit, declined to co ...

AI in ESG: Risk or opportunity?

ROSE MARY PETRASS  |  MONDAY, 5 JUN 2023
... enhance sustainability strategies. AI tools can optimise energy consumption, produce more accurate climate modelling, monitor deforestation, screen candidates without bias. AI can be applied to produce a potential improvement in resource management through ...

Bank of Queensland slapped with EU

CASSANDRA BALDINI  |  WEDNESDAY, 31 MAY 2023
... enforceable undertaking binds BOQ to an ongoing remedial action plan to improve its AML/CTF program, which AUSTRAC will monitor to ensure it is completed within agreed timeframes. As part of the enforceable undertaking, BOQ will engage an external auditor ...

Spirit Super rectifies regulatory breach

ANDREW MCKEAN  |  TUESDAY, 30 MAY 2023
Spirit Super has corrected a non-compliance issue, amending its process for monitoring the use of reserves to cover expenses that exceed the fees and costs charged to members. Last month, the industry fund acknowledged that it had inadvertently omitted ...

Regulation, funding inhibits digital advice: Report

KARREN VERGARA  |  MONDAY, 22 MAY 2023
Several key risks are inhibiting digital advice providers from operating with confidence, a new report finds, one of which is the red tape that is preventing them from moving successfully forward. AMP's Digital financial advice market scan, together ...

Poor policy administration sees MLC Life pay $22m

JAMIE WILLIAMSON  |  FRIDAY, 19 MAY 2023
... MLC Life did not adequately train staff to remove the flag after reasons for suppression ended and did not appropriately monitor staff's use of the mail suppression feature. This impacted 282 customers. The $10 million penalty is for failing to pay the ...