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Showing 11 - 20 of 59 results for "IT systems"

Poor policy administration sees MLC Life pay $22m

JAMIE WILLIAMSON  |  FRIDAY, 19 MAY 2023
... failings recognised by the Court are the result of poor governance, poor controls, and poor systems, such as legacy IT systems. MLC customers deserve to have their insurance policies administered properly. "ASIC will continue to take action against insurers ...

IFM Investors named in class action

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
... in the United States exceeded [US]$3 - and this was due to the defendant's failure to adequately protect their IT systems and then shut down the Colonial Pipeline," the action claims. IFM Investors was contacted for comment.

ATO seeks IT contractors

KANIKA SOOD  |  TUESDAY, 4 MAY 2021
... Australian Taxation Office will approach the market for three major managed services contracts, as it looks to refresh its IT systems. The ATO will look for contractors in: centralised computing; ender user technology, and enterprise service management ...

Clime revamps strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 MAR 2021
... increased platform availability for Clime investment products. By the end of June, Clime says it will improve security and IT systems, upgrade Clime Direct and roll out client experience enhancements.

Westpac prioritises risk management

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... still strengthening its risk management around financial crime remediation. Several outstanding issues such as complex IT systems, risk management and approach to risk continue to be pain points. The enforceable undertaking with APRA is on track, the ...

Northern Trust wins First Sentier mandate

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... the time of the rebrand, the company said it planned to have its own systems around legal, risk, HR, enterprise and IT systems. Northern Trust is the second-largest custodian in Australia, after inching up the league tables i n two successive reporting ...

Fiducian acquires advice practice

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 APR 2020
... servicing clients from home during the COVID-19 pandemic. The cost of setting up work from home protocols with secure IT systems was estimated at $435,000 which Fiducian said it funded from internal cash holdings. Fiducian did not disclose the name of ...

CFSGAM picks new name, updates on CBA separation

KANIKA SOOD  |  MONDAY, 16 SEP 2019
... the business," Steinberg said. Eventually, the company will have its own systems around legal, risk, HR, enterprise, IT systems. It will also look for non-executive directors to add to its board. MUFG has a banking presence across the world. As an asset ...

IOOF continues organic growth trajectory

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
... now superseding the contribution from the M&A activity," he said. Kelaher also cited greater investment in internal IT systems and talent as a driver of success in the platforms space. In terms of investment management, UNPAT rose 12% to $36.7 million. ...

BT Financial Advice cuts grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
... full year. BT Advice believes the October 1 deadline provides enough time to implement the change across its various IT systems, platforms and products. A prospective ban on conflicted remuneration was outlined in the FoFA reforms in 2013 but an allowance ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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