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Showing 561 - 570 of 8855 results for "Data"

ASIC, ASFA spar over super fund trustees 'not knowing' their business

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
... funds not knowing their business. "At the heart of this issue is leadership that doesn't have a grip on the fund's data, systems and processes - and the customers who suffer for it," Longo said. "This kind of disconnect is unacceptable in any ...

ASIC slaps FIIG Securities with lawsuit

JAMIE WILLIAMSON  |  THURSDAY, 13 MAR 2025
FIIG Securities will face court over allegations of longstanding cybersecurity failures which saw the private data of more than 18,000 clients stolen and released on the dark web. According to ASIC, FIIG failed to have adequate cyber risk management ...

Cost to maintain comfortable retirement increases

MATTHEW WAI  |  WEDNESDAY, 12 MAR 2025
... near 10% fall in electricity prices in the December quarter, the Association of Superannuation Funds of Australia (ASFA) data indicates the cost of maintaining a comfortable retirement has increased further over the past 12 months. The cost of a comfortable ...

ETF market dips but bright spots emerge

MATTHEW WAI  |  WEDNESDAY, 12 MAR 2025
... market's position, with funds under management (FUM) dropping to $255 billion, according to VanEck's monthly ETF data. February marked the eighth consecutive month of over $3 billion in flows into Australian-based ETFs, following its $250 billion ...

Super doesn't have to be 'boring', but innovation is key

ELIZA BAVIN  |  WEDNESDAY, 12 MAR 2025
... historically, that was more at arm's length with quarterly investment committee meetings and decisions being made with historical data." Maloney added that while Australia's major financial firms are working towards catching up to other industries, there ...

AustralianSuper sued over death benefit delays

JAMIE WILLIAMSON  |  WEDNESDAY, 12 MAR 2025
... claimants adversely affected by the backlog." The regulator found AustralianSuper did not maintain a central repository of claims data and documentation on a member basis, and could not provide the data required to assess delay in most cases without ...

Luxury asset investment platform launches for high-net-worth investors

ANDREW MCKEAN  |  TUESDAY, 11 MAR 2025
... platform, however, addresses some of these challenges by providing investors with AI-powered, real-time valuations based on big data, auction records, and global price trends. Unlike traditional luxury or high-end collectible purchases, where asset valuations ...

Data is our biggest challenge: Aware Super

ELIZA BAVIN  |  TUESDAY, 11 MAR 2025
Aware Super is around 18 months into a two-year project to ensure it has more robust and reliable data which can be used to inform better investment decisions. In March 2023, Aware Super head of income and markets Michael Clavin spoke to Financial Standard ...

Partners Group buys local data centre operator

MATTHEW WAI  |  MONDAY, 10 MAR 2025
Partners Group, housing over US$150 billion assets under management, is set to acquire an Australian data centre provider, investing up to $1.2 billion to spearhead "next generation" platforms across Australia. The firm has agreed to acquire GreenSquare ...

Gender parity in financial services an economic imperative

KARREN VERGARA  |  MONDAY, 10 MAR 2025
... next-generation female investors rose from 9% in 2020 to 11% in 2023 - a small but positive move in the right direction. Fresh data from Saxo's global platform shows women trading for the first time between January and February was 155% higher than ...