Super funds beef up tech security amid tighter APRA checks

Super funds are beefing up security controls and spend to protect members’ data – a key focus for the financial regulator – following the much-publicised cyber attacks on Optus and Medibank last year.  

Super funds under pressure on unlisted assets

Australia’s major super funds are stepping up their processes for valuing their unlisted assets, setting up separate valuations teams as they come under more scrutiny from APRA to improve industry standards on valuations.

Chalmers, Jones to front superannuation industry

Investment Magazine readers have an exclusive opportunity to interact with the Federal Treasurer Jim Chalmers and Minister for Financial Services Stephen Jones on the Australian economy, financial advice and superannuation.

ASIC to expand enforcement focus areas this year

ASIC has warned businesses it will be targeting greenwashing, predatory lending, and misleading insurance pricing promises this year as part of a continuing focus on protecting consumers from financial harm. In a media release on Wednesday, the regulator said it will have a strong focus on enforcement activity targeting sustainable finance practices and disclosure of … Read more

Cboe announces planned retirement of CEO

Cboe Australia has announced the planned retirement of CEO Vic Jokovic, effective 31 March 2023, with Emma Quinn appointed successor. Quinn will assume the role on 27 March 2023. She joins Cboe Australia from AllianceBernstein, where she was Global Co-Head of Equity Trading. Previously, she served as head of Asia-Pacific trading, head of Asia-Pacific fixed … Read more

HESTA membership reaches one million

HESTA membership has reached the one million mark. The $70 billion industry super fund was established in 1987 (before the introduction of the national Superannuation Guarantee) to extend superannuation benefits to more women, with an initial focus on predominately female workforces in health and community services. HESTA CEO Debby Blakey said reaching one million members … Read more