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Showing 251 - 260 of 2239 results for "Systems"

Objective of super enshrined in law

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
... compulsory superannuation and the creation of the Superannuation Guarantee and was first recommended by the Financial Systems Inquiry in 2014 and reinforced in the Retirement Income Review of 2020. Super Members Council chief executive Misha Schubert ...

Commonwealth Super partners for admin uplift

JAMIE WILLIAMSON  |  WEDNESDAY, 27 NOV 2024
Commonwealth Superannuation Corporation will work with Novigi to consolidate all its systems into one administration platform under a new seven-year deal. Effective immediately, CSC is partnering with Novigi to modernise the way it's administered and ...

Macquarie fined $25m over 400 fake trades

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... Klein, a relatively junior trader from MBL's metals and bulks trading desk, issued 426 fictitious trades on the internal systems of MBL. The fictitious trades were designed by Klein to conceal his actual loss-making positions, the FCA said, which led ...

Insignia completes MLC, NAB separation

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
... transitioning the MLC MasterKey and Plum registries. Insignia Financial has transferred 700,000 MasterKey and Plum accounts, 55 systems and applications and more than 100 terabytes of data, it said. In doing so, it is no longer reliant on NAB's systems ...

$3m super tax faces uncertain future

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... unrealised gains in the legislative amendment was proposed because industry funds have antiquated software and accounting systems that are incapable of determining an individual member's realised gains. To produce a policy measure that panders to large ...

ASIC narrows in on private market investments

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... in the superannuation system. But we don't want you to wait until then to act. We need you to start improving the systems and processes in your job today," she said.

ASIC flags 'consistently weak' claims processes

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... trustees under review struggled to provide data to ASIC about their end-to-end claims handling times, saying many didn't have systems in place for them to draw down the necessary data without significant manual work. "Even then, the data initially provided ...

Admin and compliance taking up 56% of advice practice costs

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
... compliance. The findings identified three core challenges including a lack of integration between a large volume of different systems and non-standardised data formats driving inefficiencies; the significant time required for administrative tasks and ...

ASX files defence against ASIC proceedings

ELIZA BAVIN  |  FRIDAY, 15 NOV 2024
... that the ASX has taken a different approach to how it is implementing the upgrade to its equity clearing and settlement systems, including the selection of a product-based solution and staging the implementation over two releases. "ASX has also established ...

Fair Work ruling, ASIC put offshoring arrangements on notice

KARREN VERGARA  |  THURSDAY, 14 NOV 2024
... adopting a direct model. "We have external auditors come through, penetration testing, where people are trying to hack our systems. We have all those kind of measures in place around data security. Whereas people who go direct haven't got that robustness ...