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Showing 281 - 290 of 1827 results for "Monitor"

APRA finds signs of step change in remuneration practices

ANDREW MCKEAN  |  THURSDAY, 7 SEP 2023
APRA has found early signs of change in the remuneration practices of financial services entities in a review of how Prudential Standard CPS 511 has been applied. In a letter to all APRA-regulated entities, the regulator said it was pleased with the ...

Integrity Life to cease writing new retail policies

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
... to provide advice on life insurance products, fewer than 4000 do. Integrity Life also cited the NMG Risk Distribution Monitor which shows the contestable new business pool has shrunk from $532 million in December 2018 to $267 million in March 2023. Despite ...

MSCI amplifies AI capabilities

CHLOE WALKER  |  FRIDAY, 1 SEP 2023
... AI is driving the next evolution of financial services as investment professionals look for better and faster ways to monitor portfolios, generate new insights, and scale the speed of decision-making. "Our partnership with MSCI to build generative AI-powered ...

Longevity risk is big super's biggest failure: Podcast

CASSANDRA BALDINI  |  MONDAY, 28 AUG 2023
... system. The regulators had three overarching observations; a greater emphasis on addressing member needs, the necessity to monitor how members were engaging with retirement income options, and the precise incorporation of strategy into their business ...

Franklin Templeton launches alternatives fund in Australia

CASSANDRA BALDINI  |  TUESDAY, 15 AUG 2023
Franklin Templeton has launched its first alternatives fund in Australia, expanding access to the asset class for retail investors. The Franklin K2 Athena Fund primarily invests in uncorrelated risk premia strategies spanning various asset classes ...

AustralianSuper bungle underpays some Choice members

KARREN VERGARA  |  THURSDAY, 10 AUG 2023
A calculation error has forced AustralianSuper to remediate some of its members invested in its Australian Shares option about $2 million. The "credit rating error" affected members who are invested in the Australian Shares option only. "Between 2 June ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
ASIC's latest action against Vanguard for allegations of greenwashing in a bond fund raises the question of whether the market regulator will crack down on index providers and other third-party service providers for greenwashing as well. Last month ...

Cbus appoints new head of portfolio strategies

ANDREW MCKEAN  |  FRIDAY, 4 AUG 2023
Cbus has created a head of portfolio strategies role, bringing on board the former lead of investment model design at AustralianSuper. Leigh Gavin was appointed as the head of portfolio management, a role conceived to drive the superannuation fund's ...

Advice from Shartru failed best interests duty, ASIC says

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2023
... their representatives comply with financial services laws. ASIC expects licensees to have adequate audit processes to monitor and supervise their representatives. AFS licensees should conduct sufficient periodic audits of their advisers and use suitably ...

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... priorities. However, only half of respondents (across all sectors) believed their organisation had sufficient resources to monitor and respond to its cybersecurity needs. MinterEllison technology and data partner Paul Kallenbach says the last 12 months ...