Ernst & Young

Governance

Cyber crime threat to superannuation

In a bid to protect members’ data and money from hackers, First Super is considering the practicality of completely isolating its member database from the internet. Under its plan, no terminal that can access the master database will be connected or connectible to the internet. This might seem far fetched and some in the industry […]
Investment Strategy

Hedge funds wait for regulatory certainty

Uncertainty around the implementation of the third part of the Federal Government’s Investment Management Regime (IMR) legislation is creating a lack of clarity for the operations of global hedge funds in Australia, according to Ernst & Young’s Antoinette Elias. Speaking to I&T News after the release of a global survey of 100 hedge fund managers, […]
Investment Strategy

Nick Sherry chairs FNZ

Nick Sherry, a former senator for Tasmania who resigned at the end of June, will take up the role as chairman of FNZ with immediate effect. FNZ provides technology services to a range of local institutional clients, including AMP, UBS and National Australia Bank. The chief executive officer of FNZ’s Australasian operations, Martin Jennings, says […]