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Showing 181 - 190 of 2213 results for "Systems"

US pension funds haemorrhage US$249bn

ANDREW MCKEAN  |  THURSDAY, 10 APR 2025
... analysis account for around two-thirds of public pension assets in the US. If total losses across all US public retirement systems were considered, total losses are expected to be "significantly higher." Equable noted the initial market reaction to the ...

NPP not suitable as the primary payment system for payday super

MATTHEW WAI  |  WEDNESDAY, 9 APR 2025
... infrastructure space. "The super ecosystem is vast, with millions of participants, and we need to assess any changes to payment systems from each of those perspectives in a balanced, independent manner," Bower said. "Policy makers should urgently consider ...

Cyberattacks on super funds expose 'critical vulnerability'

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
... actively monitoring the dark web for potential exposures involving its members - including cyber breaches from their own systems - warning that the volume of financial data held by the industry makes it an attractive target, and that any perceived vulnerability ...

Cybercriminals attack major super funds

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
Cybercriminals attempted to breach the systems of several superannuation funds over the weekend, although most attacks were repelled, thousands have been affected. Rest said fewer than 1% of its members have been affected by unauthorised activity on ...

WTL mergers three advice firms amid joint venture

KARREN VERGARA  |  FRIDAY, 4 APR 2025
... Cullen said. McLean said: "We're bringing together three likeminded teams with shared values. Hubco will give us better systems, stronger support for our advisers and clients, and a springboard for growth." WTL has about 400 privately-owned advice practices ...

The super fund scouring the dark web to protect members

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... discovering member information... we started questioning if customer information was exposed as a result of their own systems - not through CSC. As [security] practitioners, we thought we've got some data, someone has an issue, and it's our responsibility ...

RainmakerLive rebrands to Rainmaker MarketPro

STAFF WRITER  |  TUESDAY, 1 APR 2025
... development modules and access to Plan For Life research reports. Rainmaker's wider data solutions software and DMI Systems will also rebrand to Rainmaker MarketLink. The managed accounts integration, which is currently in phase one, has more than ...

Not one trustee tracked end-to-end claims handling times: ASIC

ANDREW MCKEAN  |  MONDAY, 31 MAR 2025
... ill loved one with weeks to live. "At the heart of this issue is leadership that doesn't have a grip on the fund's data, systems and processes - and ultimately it's the customers who suffer...," ASIC chair Joe Longo said. "This kind of disconnect is ...

Infocus adds to leadership team

JAMIE WILLIAMSON  |  THURSDAY, 27 MAR 2025
... Program (IPP), working with advice firms to "deliver capital solutions, operational efficiencies and integrated support systems designed to drive long-term growth." He said he believes Infocus is creating something totally unique in the Australian advice ...

Government plans to develop 'fit for purpose' digital asset regime

ANDREW MCKEAN  |  MONDAY, 24 MAR 2025
... economy, noting that digital assets and blockchain present "big opportunities" for Australia's financial sector, payments systems, and capital markets. "We want to seize these opportunities and encourage innovation at the same time as making sure Australians ...