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Showing 651 - 660 of 690 results for "Legacy"

Managed accounts hold trumpcard

MICHELLE BALTAZAR AND RUTH LIEW  |  WEDNESDAY, 30 APR 2008
... Praemium announced it would actively lobby for the government to provide rollover tax relief for investors switching out of legacy managed funds and into the equivalent SMA model. "If an investor wants to move from an opaque, expensive and tax-inefficient ...

Market Wrap - Midday

AAP  |  MONDAY, 28 APR 2008
... news, the Commonwealth Bank announced it will spend $580 million over the next four years modernising its existing banking legacy systems and financial services firm Trust Company Ltd booked a 20 per cent fall in its full year statutory profit to $20.3 ...

Govt moves in on legacy products

MICHAEL HOBBS  |  FRIDAY, 4 APR 2008
... mechanism to help customers move from an outdated investment product to a new one, at little or no cost. "The operation of legacy products imposes costs and risks on both the industry and investors. However, transparency and fairness must be of paramount ...

Toolsets by managers, for managers

ALEX DUNNIN  |  WEDNESDAY, 20 FEB 2008
... controlling unintended risks and being able to demonstrate their investment process. But the plethora of data feeds and legacy spreadsheet systems many still use continue to make this a difficult challenge. However, he said if you can develop a structured ...

SimCorp edges back to front

MICHAEL HOBBS  |  MONDAY, 11 FEB 2008
... through volume. Secondly, the regulators will be driving more compliance and so will managers, all that together means legacy systems out there will be under more pressure than they are today, so we expect people to look for modern systems like ours ...

Perpetual upgrades unit registry systems

RUTH LIEW  |  TUESDAY, 29 JAN 2008
... management and document imaging across the fund manager's back office. The project has since transferred Perpetual's largest legacy system onto a single service oriented architecture platform, allowing scalability to be integrated into the firm's system ...

China's pension to dwarf Australia

MICHAEL HOBBS AND CHRIS NICHOLLS  |  MONDAY, 26 NOV 2007
... from scale, China will also benefit from the sheer number of its working population and because it doesn't have the same legacy issues facing local pension funds. "China will probably get there quicker than Australia did because of starting with that ...

AXA inflows stay strong after June 30

CHRIS NICHOLLS  |  FRIDAY, 26 OCT 2007
... retail inflows up 18 per cent to $603.8m, total net retail inflows were down to $108.5 million due to the closure of several legacy products as part of NZ taxation reform together with higher mezzanine and Spicers outflows. The company put this down ...

Investors better off without legacy

Three months after the government issued a consultation paper outlining ways to rationalise more than 6,000 legacy investment products, industry body Investment and Financial Services Association has submitted its own list of recommendations. Back in ...

CBA plans CommSec Bank

WWW.THESHEET.COM  |  THURSDAY, 16 AUG 2007
... corporate and business online transaction site, CommBiz. CBA chief executive Ralph Norris said 10,000 customers had moved from legacy platforms to CommBiz since December. The bank has established a dedicated agribusiness customer service centre. It launched ...