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Showing 641 - 650 of 7360 results for "System"

Financial services minister Stephen Jones to retire from politics

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
... community deserves a representative "who'll continue to fight for the things that matter." He cited a well-funded TAFE system, a future for manufacturing, cheaper childcare, restoring Medicare, affordable housing, and better infrastructure for growing ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... foundational anti-scam measures in place, it should be noted that the only way members can move money out of the super system is through the banking system, which already has very rich data and systems in place to help identify scams and fraud. "Australia's ...

AFCA chief operating officer departs

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... introduction of a new user-pays funding model and a major IT transformation project that has integrated a modern case management system, an updated member firm portal and a new portal for consumers," Locke said. Prior to joining AFCA Untersteiner spent ...

Quant fund taps new chief executive

ANDREW MCKEAN  |  WEDNESDAY, 29 JAN 2025
The former co-head of equity capital markets at J.P. Morgan has been appointed chief executive of boutique quantitative fund manager East Coast Capital Management (ECCM). Simone Haslinger, the new chief executive, left J.P. Morgan last October after ...

Minimum service standards for super funds welcomed

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2025
... said that while the introduction of mandatory and enforceable service standards is a welcome reform to the superannuation system, it is long overdue. "These reforms to superannuation have been long overdue and something CPA Australia has been calling ...

Auditors tighten fist on greenwashing

ROSE MARY PETRASS  |  TUESDAY, 28 JAN 2025
The global ethics watchdog has issued fresh directives on judging green claims, with the minutiae still in flux in Australia as mandatory reporting begins for large entities and financial firms. Part of a broad crackdown on greenwashing and ESG-related ...

Insignia Financial appoints chief technology officer

MATTHEW WAI  |  TUESDAY, 28 JAN 2025
Insignia Financial has appointed a new chief technology officer, promoting from within. Damien O'Donnell has commenced in the role, replacing acting chief technology officer Frank Lombardo who was in the role for the past six months. O'Donnell brings ...

Super failures, greenwashing: ASIC's key issues in 2025

ELIZA BAVIN  |  TUESDAY, 28 JAN 2025
... intelligence, data and cyber risk, are all key factors influencing the way ASIC views the issues facing Australia's financial system," it said. ASIC said it was focused on the changing dynamic between public and private markets, and superannuation members ...

How much is needed to maintain your standard of living in retirement?

ANDREW MCKEAN  |  FRIDAY, 24 JAN 2025
Super Consumers Australia (SCA) has unveiled new savings targets to help Australians work out how much they'll need to save for a lengthy retirement, provided they own their home outright. For single retirees aged 65 planning to spend at a "mid-level" ...

Chalmers' claims on super tax are 'misleading': SMSFA

MATTHEW WAI  |  FRIDAY, 24 JAN 2025
... Burgess accused Chalmers of "playing hard and fast with truth" when he mentioned there were other parts of the superannuation system where unrealised gains are calculated. "In some parts of the superannuation system deemed income rates are applied which ...