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Showing 1041 - 1050 of 7378 results for "System"

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... firms but does not name the organisations in its report. One unnamed life insurer blamed its old policy administration system for failing to communicate premium rate increases to customers over several years that impacted four different policies. Insurers ...

Three actively managed funds shutter

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
Three actively managed Australian share funds from BlackRock, Yarra Capital Management, and Platypus Asset Management have shuttered in recent weeks. The Platypus Systematic Growth Fund, which invests in up to 110 local equities, is shuttering after ...

ASIC updates breach reporting rules

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
ASIC is making changes to its reportable situations regime, which includes extending the reporting deadline for some breaches. Licensees will now have 90 days to submit a reportable situation instead of 30 days in situations that have "underlying circumstances ...

Payday super a seismic change for the industry: ART

CHLOE WALKER  |  THURSDAY, 19 OCT 2023
Following the release of the payday super consultation paper last week, Australian Retirement Trust (ART) head of employer, platforms and partnerships Mat Gilroy says industry players will need to focus on digital integration moving forward. Speaking ...

Lack of income stream drags local retirement system: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
Australia's retirement system has received a B+ grade in a study of nearly 50 nations, with the lack of a compulsory retirement income stream being what holds it back. The latest Mercer CFA Institute Global Pension Index sees Australia placed fifth ...

Fidelity finds key barriers in Australian estate planning

ANDREW MCKEAN  |  WEDNESDAY, 18 OCT 2023
... how to ensure their financial legacy, they don't really know how to make it happen." "Many people feel the superannuation system isn't well designed to support their legacy wishes and this calls for expert support to navigate effectively." Consequently ...

PSK acquires Perth-based advice group

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
PSK Private Wealth is expanding into Perth with the acquisition of Sage Financial Group. Sage has more than 30 years of history, founded by Peter Tucker and John O'Neill in 1989. Under the acquisition, all its team, comprised of 20 employees and ...

The Voice is not at the expense of the economy: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 13 OCT 2023
... expectancy, higher rates of disease and infant mortality, and fewer opportunities for education and training. "The current system isn't working. That's why Indigenous Australians are asking for a Voice," he said. First Nations Foundation chair ...

Holistic remuneration tool launched to super funds

JAMIE WILLIAMSON  |  THURSDAY, 12 OCT 2023
... existing remuneration to the PTM super funds, providing a revolution of a solution, to robe them in Perple SHIRTS, align their system to purpose, guide strategy and reduce potential naked governance exposure."

I can only apologise: PwC boss

CASSANDRA BALDINI  |  THURSDAY, 12 OCT 2023
... small or large Australian business, PwC uses community services like infrastructure, healthcare, roads, and the education system; however, they fail to make a tax contribution on that front as a corporate taxpayer. "And you don't pay payroll tax ...