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Showing 281 - 290 of 4003 results for "Accounts"

Breaches continue as Cbus confirms 'unusual behaviour'

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
Cbus has confirmed it has reported to APRA an "unusually high spike in log-in attempts", impacting around 85 member accounts, which occurred several days after the cyber-attack that impacted other super funds. "At this stage of our inquiries, there ...

Fitzpatricks names head of product

KARREN VERGARA  |  TUESDAY, 8 APR 2025
... Investments as its consulting partner amid closing its Australian equities solutions within its multi-asset separately managed accounts (SMAs). Russell was tasked to develop and actively manage a factor-based Australian equities solution and a customised ...

Cyberattacks on super funds expose 'critical vulnerability'

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
... initial announcement, AustralianSuper issued a further update over the weekend confirming it had locked impacted member accounts and, where possible, notified those affected via SMS or email. The fund also introduced additional security controls across ...

UGC's AFCA membership to cease

KARREN VERGARA  |  MONDAY, 7 APR 2025
... The failure of UGC is the main driver behind the spike in the 2026 CSLR levy estimates, tipped to be $70 million. UGC accounts for $44.6 million in claims and $3.6 million in AFCA fees - meaning $48.2 million out of the total $70 million. AFCA also announced ...

Cybercriminals attack major super funds

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
... work through what this means for them and provide support. No member funds were transferred out of impacted members' accounts due to these unauthorised access attempts," she said. Rest said some members may have had limited personal information accessed ...

Genium adds two staffers

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
... 400 advisers and managing more than $25 billion in funds under advice, including approximately $6 billion in managed accounts.

The super fund scouring the dark web to protect members

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... to reach US$1.3 billion by 2028. On it, identity kits that include passports, bank logins, and access to social media accounts are being sold at a low cost. Commonwealth Superannuation Corporation (CSC) is digging through the dark web to identify potential ...

Court approves Caddick SMSF class action settlement

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
... when reviewing the annual financial report. Among many things missed, auditors did not notice that Caddick's CommSec accounts lacked the right number of digits. Authentic accounts usually have eight digits, while Caddick's accounts had six digits. ...

RainmakerLive rebrands to Rainmaker MarketPro

STAFF WRITER  |  TUESDAY, 1 APR 2025
... Intelligence acquired Rainmaker Information in 2021. The new-look Rainmaker MarketPro now provides access to managed accounts and model portfolios investment product searches, new continuing professional development modules and access to Plan For Life ...

Qantas Super, ART merger official

KARREN VERGARA  |  MONDAY, 31 MAR 2025
... the tens of thousands of former Qantas employees who have previously been members." ART had nearly 2.5 million member accounts and $310.2 billion in FUM at the end of June 2024, according to APRA statistics. "As we pass the baton to ART, it is the close ...