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Showing 441 - 450 of 7360 results for "System"

Rest calls for super performance test reforms

ELIZA BAVIN  |  TUESDAY, 29 JUL 2025
... economic reforms and policy changes that address intergenerational inequity, boost productivity and create a fairer super system. We believe the superannuation sector has a meaningful role to play in driving these outcomes, and we welcome the chance ...

FSC explores if adviser licensing framework remains 'fit for purpose'

MATTHEW WAI  |  MONDAY, 28 JUL 2025
... combining to increase systemic risk in the financial advice industry. Central to this is a growing concern that risks in the system are no longer appropriately accounted for or borne fairly amongst the varied industry participants, the FSC said. The ...

Macquarie suffers first strike on pay package

KARREN VERGARA  |  FRIDAY, 25 JUL 2025
... will come to a view over the period ahead," Stevens said. "I also acknowledge that, while Macquarie's remuneration system is strongly supported by shareholders, a number of shareholders have the view that the board has not adequately reflected risk ...

AI, corporate tax, skilled workers key to productivity: PC

KARREN VERGARA  |  FRIDAY, 25 JUL 2025
... like financial reporting, more effectively and efficiently," the Productivity Commission said. Rejigging the corporate tax system can also boost productivity. This can be with the government clearing and widening "the path to a more dynamic and resilient ...

AustralianSuper taps NYC pension deputy CIO

MATT TOLEDO  |  THURSDAY, 24 JUL 2025
AustralianSuper is expanding its U.S. private equity team, announcing the appointment of Eneasz Kądziela Tuesday. Kądziela was previously deputy CIO and head of private equity of the New York City Retirement Systems, five pension funds that serve ...

ASIC bans investment scammer

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
... who provide financial and credit services and ensure informed participation of investors and consumers in the financial system." "Mr Beresford has been convicted of offences involving fraud or dishonesty, and therefore ASIC's power to make a banning ...

Financial services workers earn 12% pay rise

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
... financial services sector led the pack in terms of salary growth during FY25-26. The construction (11.7%), IT and tech system design (9.6%), legal (7.8%) and mining (6.9%) sectors also reported strong salary growth. Such industries are most likely to ...

Cbus closes corporate super plan

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
Cbus will close the AME Systems Corporate Super plan and transition members to Cbus Industry Super, effective 1 September 2025. As a result, members will see changes to their insurance cover. "As per the agreement between AME, Cbus Super and the insurer ...

ASIC sues Fortnum Private Wealth

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
ASIC is suing Fortnum Private Wealth for allegedly failing to manage and comply with its cybersecurity obligations that exposed the information of its financial advisers and clients. In the NSW Supreme Court, ASIC alleges Fortnum exposed its authorised ...

BlackRock sets new AUM record

KARREN VERGARA  |  WEDNESDAY, 16 JUL 2025
BlackRock's assets under management have ballooned to a record US$12.5 trillion in June, jumping 18% over the last 12 months. BlackRock chief executive Larry Fink said the fund manager's sustained growth has been powered by its whole portfolio ...