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Showing 661 - 670 of 4167 results for "Action"

Project to tackle dwindling number of risk advisers

CASSANDRA BALDINI  |  TUESDAY, 19 SEP 2023
In response to the scarcity of risk advisers in the country, Risk Hub and LGF Financial Services (Loyalty) are collaborating on a pilot project aimed at addressing the issue. The pilot project, due to be rolled out in the coming months, will invite ...

Boards must crack down on cybersecurity: ASIC

CASSANDRA BALDINI  |  TUESDAY, 19 SEP 2023
The regulator has warned it will take action against boards and directors that neglect cybersecurity risks, saying to do so could result in non-compliance with regulatory obligations. ASIC chair Joe Longo said cybersecurity and resilience are not merely ...

Responsible investment AUM drops: RIAA

RACHEL ALEMBAKIS  |  MONDAY, 18 SEP 2023
... responsible investment approaches, finding that $790 billion of AUM is covered by corporate engagement and shareholder action, ESG integration on $783 billion and negative screening at $664 billion, a decline from $705 billion in 2021. Herd commented ...

Aware Super rolls out adviser portal

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
Aware Super has launched a new portal for financial advisers as part of its digital transformation project. Adviser Portal can view their client dashboards, change investment options, manage client contributions, and track actions requested on behalf ...

ASIC cracks down on CFDs, OTC derivatives

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... produce deficient TMDs and fail to meet DDO. Based on its findings, ASIC warned that it will not hesitate to take further action on issuers that dismiss their regulatory obligations. ASIC found that some TMDs reviewed lacked sufficient granularity and ...

Government passes FAR legislation

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... power to disqualify accountable persons, investigate suspected breaches of the regime, and direct entities to take remedial action and to apply to the Federal Court to impose a civil penalty on accountable entities," Jones said. BEAR, the FAR's first ...

Financial hardship neglect lands Westpac in court

KARREN VERGARA  |  TUESDAY, 5 SEP 2023
... raised by ASIC and have cooperated with their investigation." ASIC deputy chair Sarah Court commented: "ASIC has taken this action to highlight the importance of lenders responding to hardship notices within the required timeframe to reduce harm to their ...

MSCI amplifies AI capabilities

CHLOE WALKER  |  FRIDAY, 1 SEP 2023
The global investment company has expanded its partnership with Google Cloud to accelerate the development of generative AI solutions for the investment industry. Powered by Google Cloud's gen AI platform Vertex AI and climate technology, including ...

Commonwealth to disclose climate risks in sovereign bonds

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023
... Australia will disclose climate risk in sovereign bonds for the first time following the settlement of a world-first class action lawsuit. The case, filed in 2020 by retail investor Kathleen O'Donnell, was represented pro bono by Equity Generation ...

State Super partners with analytics firm

KARREN VERGARA  |  TUESDAY, 29 AUG 2023
The $38 billion State Super has selected a global data and analytics firm that recently launched in Australia to provide portfolio and risk solutions. State Super senior investment manager Alan Chan said the fund chose Premialab for its ability to deliver ...