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Showing 591 - 600 of 7495 results for "System"

Netwealth sees $15.8bn in net flows

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
Netwealth has reported a $24.8 billion increase in total funds under administration (FUA), including a record $15.8 billion in FUA net flows. Total FUA at 30 June 2025 was at $112.8 billion, and increase of $8.7 billion for the quarter, including $3.8 ...

Australia an 'efficient' market for multinationals

MATTHEW WAI  |  WEDNESDAY, 9 JUL 2025
... pointed to the Australian Securities and Investments Commission (ASIC), which it said continues to modernise its registry system to improve data quality and accessibility. Other key characteristics include advanced online filing platforms, standardised ...

AustralianSuper readies tech stack for Payday Super

JAMIE WILLIAMSON  |  TUESDAY, 8 JUL 2025
... employers, Wrkr said. Payday Super and Single Touch Payroll capabilities will be integrated, as will MUFG's core registry system to enable contributions data matching. The agreement has an initial term of three years. "We are proud to partner with Wrkr ...

Insignia finalises 1300 staff transfer to SS&C

KARREN VERGARA  |  MONDAY, 7 JUL 2025
Insignia Financial has finalised the outsourcing of about 1300 staff who worked in the master trust business to SS&C Technologies after striking a deal in February. Last week, staff working in administration, technology and digital teams that support ...

LGT Crestone promotes investment duo

ELIZABETH FRY  |  THURSDAY, 3 JUL 2025
LGT Crestone has announced two senior promotions within its chief investment office, strengthening its asset allocation and capital markets leadership. Firstly, the private wealth firm has promoted Matthew Tan to head of asset allocation, acknowledging ...

Fees for no service see former adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 3 JUL 2025
A former financial adviser is now banned for 10 years after she was found to have knowingly charged fees for no service. Kiriley Roper was a director, shareholder and adviser at Lighthouse Partners in Redcliffe, Queensland. ASIC alleges that between ...

RBA powers deemed 'last resort' for critical financial infrastructure fallout

MATTHEW WAI  |  TUESDAY, 1 JUL 2025
... Under new the legislation, ASIC is primarily responsible for the licensing regime, while the RBA will oversee the financial system stability and supervise CS facilities licensees to reduce systemic risks. "The RBA now has powers to step in and promptly ...

ASIC releases new relief for reportable situations regime

KARREN VERGARA  |  MONDAY, 30 JUN 2025
ASIC has provided AFSLs new reliefs to help them manage the reportable situations regime, which includes extending the length of investigations reportable from 30 days to 60 days. Also in the relief, ASIC is exempting the reporting of certain breaches ...

ClearView welcomes underwriting head

MATTHEW WAI  |  MONDAY, 30 JUN 2025
... million for some, will benefit from reduced or no mandatory medical requirements. There's also a new structured tiering system for Life, TPD, Trauma, Income Protection, and Business Expenses cover based on age and benefit amount, which ClearView ...

Super funds, banks say cybersecurity is now their biggest concern

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
... was rated particularly high among superannuation trustees. Financial risks such as credit risk and market risk, financial system stability, and climate risk, received a critical and high-risk rating of 32%, 27%, and 21%, respectively. Additionally, 13% ...