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Showing 481 - 490 of 2116 results for "Security"

Fitch downgrades US credit rating

ANDREW MCKEAN  |  WEDNESDAY, 2 AUG 2023
... interest costs will double by 2033 to 3.6% of GDP. It also estimates a rise in mandatory spending on Medicare and social security by 1.5% of GDP over the same period. Further, Fitch expects government deficit to rise to 6.3% of GDP in 2023, from 3.7% ...

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... This is driven, in part, by layers of cyber-related regulation, including the Privacy Act, the Corporations Act, and the Security of Critical Infrastructure Act. Moreover, with the recent large scale data breaches in Australia, Kallenbach says the sector ...

Retail super funds plan to merge

ANDREW MCKEAN  |  WEDNESDAY, 26 JUL 2023
... support the migration, being executed by highly experienced project managers and implementation teams. Data integrity and security and optimal client outcomes are the key principles underpinning the plan and approach," the Centric spokesperson said. ...

Aware Super migrates members to Bravura platform

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
... grappling with balancing the complexity of retirement schemes together with the need to improve the member experience, ensure security and provide advice to members - all while lowering the cost to serve. "Working together with Aware Super, we've ...

Super sector falling behind in cyber security: Podcast

CASSANDRA BALDINI  |  MONDAY, 24 JUL 2023
... compliance tick that doesn't really do the trick," he said. "The first aspect is to look at it from a perspective of how security helps in growing the customer and members' trust, and thus enabling your business and digital strategy. "The second ...

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... the costs and difficulty of collecting additional data mainly due to the lack of member engagement, privacy and data security concerns. They were also uncertain about how they would use the data. "We recognise the difficulty for RSE licensees in addressing ...

US regulators launch investigation into OpenAI

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... services incorporating, using, or relying on large language models has engaged in unfair or deceptive privacy or data security practices," it said "... or engaged in unfair or deceptive practices relating to risks of harm to consumers, including reputational ...

Equity managed funds in record outflows: Calastone

KARREN VERGARA  |  TUESDAY, 11 JUL 2023
... funds in record amounts in the June quarter, data from Calastone reveals, as they look to cash and fixed interest for security. Some $2.8 billion is the largest outflow Calastone has recorded in the last five years in its analysis of Australia's ...

Challenger settles real estate unit divestment

KARREN VERGARA  |  MONDAY, 10 JUL 2023
... opportunities to achieve our growth ambitions to deliver strong growth in both funds under management, and more importantly, security holder value. We see this environment as one where such opportunities are more likely to eventuate."

Openmarkets hit with largest ever MDP penalty

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... respond to suspicious trading activities by a client. The client had placed identical bid and ask orders on the same security at the same price, potentially creating a false impression of active trading. Subsequently, the regulator found that Openmarkets ...

Editor's Choice

L1 Group sells Platinum's responsible entity to Equity Trustees

RIDDHIMA TALWANI  |   12:18PM
L1 Group has offloaded Platinum Investment Management Limited (PIML) to Equity Trustees (EQT), handing over the responsible entity (RE) role for the Platinum funds while keeping investment management in-house.

LGT poaches Koda Capital's top-rated adviser

RIDDHIMA TALWANI  |   12:30PM
LGT Wealth Management has poached Koda Capital's 2025 top-rated adviser and partner Frank Macindoe.

CareSuper rejigs beneficiary nominations, investment options

KARREN VERGARA  |   12:28PM
CareSuper has introduced several changes to its investment options and beneficiary nominations.

Fortnum pays $1.35m to settle ASIC lawsuit

MATTHEW WAI  |   12:20PM
Fortnum Private Wealth will pay a penalty of $1.35 million and ASIC's costs to resolve legal proceedings against the firm over a cyber governance matter which occurred between April 2021 and May 2023.

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