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Showing 661 - 670 of 7362 results for "System"

Super moves: Future Fund, QIC, Vanguard Super

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
Max Gill has been promoted to senior portfolio analyst with QIC's state investments team. Gill joined the Queensland Government's $68 billion investment arm six years ago working initially with the global multi-asset team followed by the state ...

Legalsuper hunts for CIO

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
Legalsuper is looking for a new investment chief, following the resignation of Paul Murray who departed the industry fund just nine months into the job. Chief executive Luke Symons confirmed that Murray resigned from the fund on 20 December 2024 for ...

TPB welcomes stay of sanctions against disqualified agents

MATTHEW WAI  |  THURSDAY, 16 JAN 2025
... clients, preserving professional and ethical standards, and in building community confidence in the integrity of the tax system," de Cure said. "The TPB will take a firm approach in addressing serious misconduct that undermines public confidence and ...

SEC fines private equity firms for recordkeeping failures

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
Blackstone, KKR, and Carlyle are among the private equity firms that will collectively pay the Securities and Exchange Commission (SEC) US$63.1 million for failing to keep appropriate communications records. They join a growing list of financial institutions ...

How to simplify super to get better retirement outcomes: Mercer

ANDREW MCKEAN  |  MONDAY, 13 JAN 2025
The superannuation system has lacked a clear direction for the provision of retirement outcomes, and while this is gradually changing, there remains a need to make it simpler for Australians, according to a Mercer report. The Australian retirement income ...

Bull market buoys super funds' 2024 returns

MATTHEW WAI  |  WEDNESDAY, 8 JAN 2025
... executive Mary Delahunty believes the resounding performances are a result from Australia's "world-class" superannuation system. "While strong international share markets have helped propel returns over the last 12 months, it's the consistent ...

Sanlam Private Wealth breaches licensee obligations, hit with enforceable undertaking

MATTHEW WAI  |  MONDAY, 6 JAN 2025
... inadequate review processes to assess compliance for its representatives under financial services laws, limited risk management system, and lack of human resources and responsible managers with suitable expertise for the diverse financial services offered ...

Traders left scrambling over ASX settlement outage

MATTHEW WAI  |  MONDAY, 23 DEC 2024
... with the ASX with the immediate focus on resolution of the settlement issue and the ongoing stabilisation of the CHESS system," an ASIC spokesperson said. "The regulators expect the ASX will ensure the CHESS system will continue to be maintained to meet ...

Court finds CFD issuers engaged in 'unconscionable conduct'

ELIZA BAVIN  |  MONDAY, 23 DEC 2024
The Federal Court has found that collapsed contracts for difference (CFD) issuer, Union Standard International Group (USG) and two of its former corporate authorised representatives, BrightAU Capital (trading as TradeFred) and Maxi EFX Global AU (trading ...

New tool will streamline regulation: Chalmers

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... sector stakeholders," Chalmers said. "This release marks an important step forward as we continue to build a financial system that is stronger and more resilient, dynamic, competitive, and fit for the future." ASFA chief executive Mary Delahunty welcomed ...