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Showing 241 - 250 of 419 results for "Outsourcing"

AllianceBernstein awards State Street $300bn global mandate

ELISE BURGESS  |  WEDNESDAY, 16 NOV 2011
AllianceBernstein has appointed its investment operations outsourcing services, valued at over $300 billion in client assets, to State Street Corporation which will include servicing the Australian and Asian operations of AllianceBernstein. Building ...

APRA urges trustees to adhere to industry standards

CLAIRE MCGREAL  |  WEDNESDAY, 16 NOV 2011
... licensees, the regulator said that while trustees were aware of their obligations to comply with the Operating Standard on Outsourcing arrangements, some 'fund promoters' were not. In a sign for how seriously APRA considers these issues around outsourcing ...

Australian Custodial Services Association appoints new chair

CLAIRE MCGREAL  |  THURSDAY, 3 NOV 2011
... organisations working with government, regulators and other industry participants on issues related to custody and outsourcing. Our recent work includes a submission to the Auditing and Assurance Standards Board on issues relating to local and international ...

Outsourcing FM admin doesn't reduce staff

CLAIRE MCGREAL  |  THURSDAY, 27 OCT 2011
... according to new research by Investit. The SimCorp sponsored Future of Investment Operations report found that despite outsourcing their investment operations, investment managers are retaining higher staff numbers to manage the modified system requirements ...

Trust company considers outsourcing while MITs drive growth

MATT WOODINGTON  |  TUESDAY, 18 OCT 2011
The Trust Company is considering outsourcing some of its back office administration, following the example of Perpetual, which struck a deal with Macquarie Investment Management earlier this month. Speaking after the Trust Company reported a 16% increase ...

Gen Y prefers face-to-face insurance

ELISE BURGESS  |  MONDAY, 17 OCT 2011
... inability to devote enough time to compare products and choose the right one for their business and a preference for outsourcing. "Clearly those young business owners who are thinking about insurance want to get the appropriate advice to ensure they ...

APRA lays plans to improve super governance

MATT WOODINGTON  |  THURSDAY, 29 SEP 2011
... would then need to be passed onto fund members." Super funds must also have legally binding contracts in place when outsourcing, hold sufficient capital in case of unforeseen circumstances and obtain permission to operate more than one default scheme ...

Industry super funds show patchy approach to emergency reserves

ALISON BEVEGE  |  WEDNESDAY, 3 AUG 2011
... them had guaranteed cash flow with the Super Guarantee and the award system and there was an incredible amount of outsourcing so they outsourced to large providers," she said. But the world had now changed and the requirement for operational risk reserves ...

FIA growth leads to Licensee Select

ELISE BURGESS  |  MONDAY, 23 MAY 2011
... in-house services to BT Financial Group's Licensee Select for its licensee solutions, citing strong growth for the outsourcing. The change will affect FIA's ten planning firms with over 35 advisers, who will now receive compliance, practice development ...

Northern Trust lands QIC

ELISE BURGESS  |  THURSDAY, 31 MAR 2011
Northern Trust has formed an investment operations outsourcing agreement with institutional fund manager QIC following a comprehensive due diligence and selection process. As a custody services provider, Northern Trust will provide a broad suite of ...