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| | | AustralianSuper has confirmed of the 600 members who had their accounts accessed in the cyberattack earlier this month, 10 suffered a financial loss totalling $750,000. "Our investigation into this criminal act found a total of 10 members had a combined ... |
| | | | Allianz Global Investors has named a head of private and public markets after splitting the global head of investment role. The leadership shake-up follows the retirement of the firm's head of investments, Deborah Zurkow, who announced her retirement ... |
| | | | ... in non-public equities - e.g. fixed income, private capital, real estate, commodities, etc.," Equitable said. It said "we know" the losses pension funds have experienced are deeper than the initial public equity declines. Equable also cautioned that ... |
| | | | ... due to a "misguided overconfidence in their abilities." "In fact, most clients significantly overestimate their financial know-how, a cognitive bias known as 'overconfidence bias'," the report highlighted. "Across all segments Newcomers, Settled, and ... |
| | | | ... of NPP for business-to-business payments hasn't even been properly assessed yet," Bower said. "For super payments, we know there are existing gaps in functionality when comparing the NPP to existing payment rails. "There is much work to be done before ... |
| | | | ... this year thinking the new Trump administration would be a mixture of pro-growth and anti-growth measures. We just didn't know what would get announced when," Gavin says. "I think markets were probably expecting the first 100 days of the Trump administration ... |
| | | | ... accumulation phase - to ride out the volatility. "The current crisis, it's man-made. And it's made pretty much by a single man. We know what the solution is here; the solution is for rational people to get around and understand the havoc that they have ... |
| | | | ... Australians are legally required to put their money into super, the news of the attacks is chilling, particularly when "we know" super funds aren't doing enough to protect people's retirement savings. "When something goes wrong, too many people ... |
| | | | Members increasingly demand superannuation funds to provide ethical investment options, particularly retirees who want to leave a more sustainable world for the next generation, top super fund leaders say. Attending the Australian Council of Superannuation ... |
| | | | ... their accounts in attempts to commit fraud. "While we took immediate action to lock these accounts and let those members know, there are things members can do right now to protect themselves online. We are highlighting this event to make sure members ... |
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