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| | | ... minimum, APRA said it expects entities to require MFA or equivalent controls for all high-risk activities, such as changing member details, withdrawals, benefit payment or transfer or rollover requests, as well as investment switching. Overall, Lonsdale ... |
| | | | ... Roundtable when we spoke on Day 1 was that regulation is vital for trust, but when it overlaps or is outdated, it drags down member returns and that impacts productivity. "We are delighted the government has heard our key message and is taking action." ... |
| | | | ... expertise will add enormous value to our outstanding team of investment professionals," Branton said. "We're a profit-to-member super fund with more than 580,000 members and over $59 billion in assets, with staff right across Australia who are passionate ... |
| | | | ... position us to capitalise on current market opportunities and deliver on our recent market wins, meet our customer and member needs and drive ongoing sustainable business growth and returns." Netwealth also expects FUA net flows to "not differ materially" ... |
| | | | Global X ETFs can't seem to stop hiring, adding five new team members to its operations this month as its asset base tips over $11 billion in June, well ahead of its FUM target. Adding AI muscle to its technology team, Global X has hired David Croft ... |
| | | | Australian Retirement Trust (ART) has become a substantial shareholder of Tabcorp, now owning 5.072% of shares, representing a 0.02% overweight position based on ART's portfolio construction. Yesterday, Tabcorp disclosed that the super fund had ... |
| | | | Targets around the use of artificial intelligence (AI) will be baked into the performance plans of every staff member at the centralised investment manager. Funds SA is rolling out an AI strategy, aimed at boosting efficiencies and productivity within ... |
| | | | Australian Retirement Trust (ART) chair Andrew Fraser intends to retire at the ART Annual Member Meeting on November 20, at which point a successor will be named. Fraser was first appointed to Sunsuper as an independent director in September 2015 and ... |
| | | | ... being cared for, and we will be monitoring the broader private childcare sector closely as regulatory changes unfold." A member of Vision Super wrote to the fund last month requesting it divest G8 Education on the back of the allegations. In notifying ... |
| | | | ... an almost immediate boost to Australia's economy and improve the impact of the migration program on an ongoing basis." Member for Wentworth Allegra Spender added that fixing Australia's skills recognition regime is not just about fairness. "It is an ... |
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