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Showing 671 - 675 of 675 results for "Legacy"

Mellon explores local transition management opportunities

... executing the necessary trades but providing an end-to-end solution, relieving clients of responsibility for custody and legacy issues," he says. Mellon believes that its service can lower the inherent costs and risks associated in transition management ...

ASIC alerts super fund members about large exit fees

... when members attempt to move their investments out of theses funds. The funds in question are known as 'old style' or 'legacy' accounts and were most likely sold by life insurance companies before 1993 when compulsory superannuation began. The exit fees ...

ASIC and APRA move to streamline intra-fund transfers

... Industry (Supervision) Act 1993 (SIS Act) or any trustee holding an RSE licence under Part 2A of the SIS Act. "Addressing legacy products and systems issues is a prudential priority in controlling operational risk," says APRA's general manager, Specialised ...

New appointment at Tower

... developing and managing Tower's life insurance and superannuation products. He will also oversee the rationalisation of Tower's legacy superannuation products, and their transition to the ARC platform. Mr Stanbridge has previously held senior positions ...

APRA warns super funds and life insurers on "legacy issues"

... has emphasised the need for financial institutions - particularly life insurers and superannuation funds - to address "legacy issues" in their normal planning cycle, and also to develop strategies to deal with superseded products and systems. APRA's ...