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Showing 621 - 630 of 3462 results for "Response"

US recession possible, but recovery would be strong: Capital Group

CHLOE WALKER  |  THURSDAY, 22 JUN 2023
... Silicon Valley Bank and the other regional banks in the US, and we saw similar very rapid reactions here in Europe, in response to the problems with Credit Suisse, for instance." Lind said policymakers are on heightened alert to the potential for financial ...

Cyber breach claims CalPERS member data

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... next two years. While no CalPERS systems were breached, the fund has also put in place additional security measures in response to the incident. This includes new protocols on the members benefits website and additional safeguards for those using its ...

Bank of England launches first system- wide stress test

CASSANDRA BALDINI  |  TUESDAY, 20 JUN 2023
... the impact of a severe but plausible stress to global financial markets and consider what actions they would take in response to the scenario, with a focus on behaviours in UK financial markets, the BoE said. The bank further explained it will then seek ...

Allianz Retire+ makes key appointments

ANDREW MCKEAN  |  MONDAY, 19 JUN 2023
... executed the asset manager's transformation strategy, simplifying business operations while diversifying revenue streams. In response to his appointment, Lloyd said: "Having served as the chief executive of MLC, one of the most rewarding experiences ...

ANZ reaches agreement with QLD government over Suncorp

CASSANDRA BALDINI  |  FRIDAY, 16 JUN 2023
... head following it underpaying nearly 16,000 employees between May 2014 and March 2022. At the same time, it released a response to the ACCC Statement of Preliminary Views regarding its proposed sale to ANZ. Suncorp chief executive Steve Johnson commented ...

OnePath fined over MySuper bungle

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUN 2023
... frameworks embedded and operationalised to prevent, detect and swiftly remediate potential breaches of their obligations." In response, OnePath Custodians chair Lindsay Smartt said: "OnePath Custodians acknowledges the infringement notices and fine issued ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
The wealth management industry has broadly welcomed the bulk of the Quality of Advice Review recommendations Labor will prioritise, with many agreeing that the reforms will fix financial advice and ultimately benefit consumers. In releasing the first ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... implementation issues, including in relation to consumer protections," Jones said. "The government will issue its final response on the Delivering Better Financial Outcomes package later in 2023." No going back In adopting the bulk of the recommendations ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... Work Ombudsman from their group executive, confirming their compliance. Meanwhile, Suncorp today announced its official response to the preliminary views of the ACCC regarding the proposed sale of Suncorp bank to ANZ. Suncorp group executive Steve Johnston ...

Super funds consider future of PwC contracts

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... information obtained during a confidential consultation with Treasury concerning tax law changes, has been escalated. In response, AustralianSuper became the first superannuation fund to freeze any new contracts with PwC, a spokesman said. PwC is AustralianSuper's ...