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Showing 151 - 160 of 675 results for "Legacy"

Government must do more after product failures: FSC, SCA

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2023
... implications. FSC chief executive Black Briggs said the government should look to introduce a product modernisation framework to legacy Choice options, like the regime for MySuper products. In doing so, the government should offer members within failed ...

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... test, as did the bulk of its trustee-directed products. Further, AMP noted that the bulk of the options that failed are legacy products that have been closed to new members for some time. The other trustee to have failures in this cohort was The Bendigo ...

CareSuper, Spirit Super mandate Iress ahead of merger

ANDREW MCKEAN  |  MONDAY, 28 AUG 2023
... fund will use Iress' Acurity Registry platform and Acurity Online portal. Acurity Registry allows funds to consolidate legacy or disparate systems on a single registry, automating transactions such as contributions and processing through the platform. ...

Legacy issues, business overhaul plague E&P results

KARREN VERGARA  |  FRIDAY, 25 AUG 2023
Legacy issues and ongoing structural changes continue to plague E&P Financial Group as it looks for better performance under the new chief executive in FY2024. The ASX-listed firm reported sinking revenues and profits in the last financial year of $167.1 ...

ISA, AIST announce merger to form new organisation

ANDREW MCKEAN  |  TUESDAY, 22 AUG 2023
... In a joint statement, ISA and AIST said the merged entity aims to champion super fund members, drawing on the combined legacy and achievements of both organisations to address systemic issues pertinent to superannuation and retirement. "As balances grow ...

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
... half of 2023 financial year provisioning $50 million for the buyer of last resort class action. It is fighting two other legacy class actions that it says, "have not yet been quantified and participation has not yet been determined". These relate to ...

DB Results launches policy admin system

CHLOE WALKER  |  MONDAY, 21 AUG 2023
... "Policy administration systems are the backbone of the insurance sector, and for too long insurers have had to rely on legacy systems that are expensive to operate and maintain, slow and responding to industry change, and made it difficult to ensure ...

Multiple moves in Aware investments team

ELIZABETH FRY  |  FRIDAY, 11 AUG 2023
... immense innovation for the fund with two major digital transformation projects. The first is the recent consolidation of five legacy technology systems into a single administration and registry platform, which has also unlocked many new products and ...

AMP provisions $50m in response to class action

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... share buybacks. "We have significantly reduced the size and complexity of AMP's business, whilst continuing to resolve legacy issues. The changes we have made are allowing us to focus on driving performance and strategic investment in our growth ...

QIC buys Packhorse's last pastoral property

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
... agricultural and natural capital investments and expertise. "Packhorse is a recognised leader in carbon farming and that legacy is not lost on any of us," Murphy said. "In Stuart's Creek, we acquire a solid foundation to explore environmental market ...