Industry fund ad blitz under the microscope
Industry fund ad blitz under the microscope
The prudential regulator has confirmed it’s conducting an investigation into how super funds justify promotional spending as being in member best interests, following sharp criticism from Liberal backbenchers around industry fund advertising and media deals.
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Addressing the Conference of Major Superannuation Funds on Wednesday, APRA deputy chair Helen Rowell said the prudential regulator was currently conducting a review of trustee promotional spending and how this was contributing to member outcomes.
“It is important that regulators continue to ensure the multi-trillion-dollar pool of super money is being invested appropriately, in ways that advance the best interests of members, and hold trustees to account to ensure they are doing so,” Ms Rowell said.
Struggling to Get a Job? Artificial Intelligence Could Be the Reason Why
On 5/20/21 at 8:04 AM EDT
Applying for jobs is hard work. We all know the drill you polish your cover letter, spruce up an old resume and summon the courage to click send. After that, your career is in the hands of the hiring manager.
Except this isn t always the case. In many instances, instead of your application being tossed aside by a HR professional, it is actually artificial intelligence (AI) that is the barrier to entry. While this isn t a problem in itself AI can reduce workflow by rapidly filtering applicants the issue is that within these systems lies the probability for bias.
TRAVEL / GALLERY
By Xinhua Published: May 20, 2021 02:33 PM The Gambia, the self-styled smiling coast of Africa, is waiting and hoping for the return to normal from COVID-19, as the tourism industry, one of the country s major gross domestic product contributors, has been devastated after coming to a total standstill for over one year.
The tourism sector, which employs more than 150,000 workers, is the country s second-largest contributor of GDP after agriculture. When the coronavirus emerged in the country in March last year, the government was forced to shut down the industry and ordered people to stay at home to control the spread of the virus.