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Showing 271 - 280 of 2767 results for "protection"

Three AFS licensees pinged over compliance breaches

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... "relevant financial products" without being registered. ASIC said registration requirements are an "important consumer protection" because it confirms AFS licensees have assessed whether their advisers are "fit and proper," and that they meet the applicable ...

Cyberattacks on super funds expose 'critical vulnerability'

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
The spate of cyberattacks targeting major Australian superannuation funds has laid bare a "critical vulnerability" in the sector's defences, according to financial services cybersecurity consultancy firm Software@Scale. The attacks, which have so ...

Cybercriminals attack major super funds

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
Cybercriminals attempted to breach the systems of several superannuation funds over the weekend, although most attacks were repelled, thousands have been affected. Rest said fewer than 1% of its members have been affected by unauthorised activity on ...

Pendal's Blayney lands at HESTA

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
... members. Nick's experience will be invaluable in driving forward our information security strategy, with the ongoing protection of member data of the utmost importance," she said. Chief investment officer Sonya Sawtell-Rickson called Blayney's ...

Rest awards US$300m mandate to Miami-headquartered investment manager

ANDREW MCKEAN  |  MONDAY, 31 MAR 2025
... solutions to essential infrastructure assets globally. It targets investments with resilient cash flows and strong downside protection, aiming to offer attractive risk-adjusted returns to investors. Rest, which manages approximately $93 billion of assets ...

Insurance in super remains a mystery to millions of Australians

ANDREW MCKEAN  |  FRIDAY, 28 MAR 2025
... small difference, considering the significant changes in most people's lives, finances and potential need for financial protection over this period," SCA said. "For example, a 25-year-old without children or a mortgage might understandably be less focussed ...

Government plans to develop 'fit for purpose' digital asset regime

ANDREW MCKEAN  |  MONDAY, 24 MAR 2025
... "The government's approach will provide effective settings for digital assets that balance innovation with consumer protection. The approach is informed by public consultation on proposals for digital asset platforms and payment stablecoins," Treasury ...

Splintered globalisation a boon for AI, metals, EVs: PGIM

KARREN VERGARA  |  MONDAY, 24 MAR 2025
As geopolitical tensions and trade wars derail globalisation, artificial intelligence (AI), metals and minerals, and electric vehicles (EV) are some of the sectors poised to be winners for investors, new research from PGIM shows. This new era of globalisation ...

AMP staff surveillance slammed by FSU

ELIZA BAVIN  |  FRIDAY, 21 MAR 2025
... "AMP needs to come to the table and urgently negotiate an Enterprise Agreement which would give its workers rights and protection," McPherson said. FSU said the contracts feature an annualised salary so workers would receive a "total fixed package" which ...

State Super: In decline but doing fine

ANDREW MCKEAN  |  FRIDAY, 21 MAR 2025
... lessen volatility is to take risk off the table, which results in lower returns. Another approach is to use downside protection derivatives, which does pay off when markets fall. But since this involves paying for insurance, the upside is smaller too. ...