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Showing 211 - 220 of 2213 results for "Systems"

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... legacy funds management and superannuation products to "finally allow" companies to "close onerous and expensive legacy IT systems" without leaving their customers with "hefty tax penalties." Others sit with the government, such as streamlining the Foreign ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... anti-fraud practices. "In our engagement with trustees, they frequently referred in general terms to their administrators' systems and processes, but sometimes lacked knowledge about key details. One of the trustees we engaged with was unable to ...

Auditors tighten fist on greenwashing

ROSE MARY PETRASS  |  TUESDAY, 28 JAN 2025
... Standards) (IESSA) - 'a foundation for ethical mindset and trust'. The latter tackles challenges like immature data and systems and forward-looking information. They form "necessary technical and ethical pillars" to ensure consistency, said Seidenstein. ...

Insignia Financial appoints chief technology officer

MATTHEW WAI  |  TUESDAY, 28 JAN 2025
... similar capacities at Challenger and Australian Wealth Management before joining Insignia in 2008 as its head of business systems and delivery. Throughout his time at Insignia, O'Donnell has held several senior IT titles, including head of platform technology ...

Aussie billionaires make $67k per hour: Oxfam

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
... the global stage, Oxfam found that the richest 1% in the Global North extracted $46.1 million an hour through financial systems from the Global South in 2023, further increasing and entrenching deep inequality between nations. In 10 years' time ...

Legalsuper hunts for CIO

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
... development and implementation of strategic business and operational solutions with a clear focus on efficiency gains, systems improvement and enhanced member outcomes," Symons added. "She has a breadth of professional services experience domestically ...

Sanlam Private Wealth breaches licensee obligations, hit with enforceable undertaking

MATTHEW WAI  |  MONDAY, 6 JAN 2025
... entered a court enforceable undertaking and will need an ASIC-approved independent expert to review its processes and systems. The investigation uncovered Sanlam breached its licensee protocols by failing to manage its authorised representatives, many ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... Admin platform. Iress took the reigns in March 2022, with ESSSuper telling members the aim was to offer better online systems to them and their employers. Australian Retirement Trust restructures leadership team (July 24) Australian Retirement Trust ...

ASIC sues Binance over customer protection failures

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... Australian financial services licence were provided efficiently, honestly, and fairly. "Our case alleges Binance's compliance systems were woefully inadequate and exposed more than 500 clients to high-risk, speculative products without the right consumer ...

Insignia taps SS&C, outsources 1000 workers

KARREN VERGARA  |  TUESDAY, 10 DEC 2024
... announcement follows Insignia officially severing ties with NAB in November, which meant ceasing the use of the bank's systems and technologies. Simplifying the master trust business was the next step to achieve the targeted net $200 million reduction ...