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Showing 341 - 350 of 3388 results for "Response"

Advice take up falls amid decade-low retirement confidence

MATTHEW WAI  |  FRIDAY, 15 NOV 2024
... unprepared has increased 7% in the past year to 47%. Investment Trends head of research Irene Guiamatsia said that in response Australians are typically changing their retirement plans and contributing more into superannuation, rather than consulting ...

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
... penalties out of the assets of a super fund. However, many funds, including Cbus, introduced trustee services fees in response whereby members are charged a small fee via its existing reserves which is then set aside in the trustee's own account. ...

Bragg calls for Cbus to front Senate

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... number is actually closer to 10,000 - amounting to more than 50% of all claims Cbus was dealing with in late 2022. In response to the court filing, Cbus apologised to members and said it was working to reduce delays. Bragg said the Senate has already ...

Link between super and banking major priority in 2025: APRA

ELIZA BAVIN  |  MONDAY, 11 NOV 2024
... financial markets, which will help us explore the impacts of liquidity stress between super funds and banks, and how their response impacts asset markets." McCarthy Hockey said an operational risk component will be added to the scenario to further the ...

'No alternative': ESSSuper sues Iress

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
... member-focused fund ESSSuper does not enter into litigation lightly. However, given the ongoing lack of resolution in response to our clearly articulated concerns, and the significant inconvenience to members and the fund, the board has no alternative ...

HESTA red flags MinRes for governance failures

ANDREW MCKEAN  |  FRIDAY, 8 NOV 2024
HESTA chief executive Debby Blakey has said the super fund has been engaging directly with MinRes regarding its recent governance failures and "remains disappointed" with the company's responses. "Our concerns include that the managing director's ...

RBA seeks input on CBDC research project

MATTHEW WAI  |  FRIDAY, 8 NOV 2024
The Reserve Bank of Australia (RBA) is seeking industry feedback on a central bank digital currency (CBDC) research initiative, Project Acacia. The project will explore how different forms of digital money and associated infrastructure could support ...

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... latter, Powell simply replied: "We don't guess, we don't speculate, and we don't assume." Shah said Powell's response was a fair answer given the circumstances, but noted serval analysts have said if the tariff proposals are fully implemented ...

Commonwealth Super reports strong investment performance

ANDREW MCKEAN  |  THURSDAY, 7 NOV 2024
... network - around the clock to make immediate alerts for any potential threats. CSC said this will significantly reduce its response time to cyber incidents. CSC chief executive Damien Hill said the fund's focus over the past year has been on doing more ...

Magellan warns of staggering sovereign debt

KARREN VERGARA  |  WEDNESDAY, 6 NOV 2024
... elections. "In the United States, the national debt has been rising since the 1980s. In 2010, following the government's response to the Global Financial Crisis, it first exceeded 90% as a percentage of GDP - the level identified by academics Reinhart ...