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Showing 771 - 780 of 2218 results for "Systems"

Westpac gives investors an out

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... said. The ANZ risk boss said recent issues identified within the industry by AUSTRAC had caused the bank to review its systems and processes to transfer money to ensure it was reporting the information required by regulators. "While the review is ongoing ...

ASIC launches investigation into Westpac

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... released a response plan outlining how it plans to address AUSTRAC's actions. Consolidating different financial crime systems into a single, group wide technology solution was pointed to as part of the solution. The bank also committed to developing ...

Consultation opens for retirement income review

HARRISON WORLEY  |  MONDAY, 25 NOV 2019
... improve retirement outcomes. "Australia's superannuation system is consistently ranked as one of the top private pension systems globally in terms of sustainability, adequacy and integrity. The review of the retirement income system is an opportunity ...

Risk advisers a dying breed: Research

HARRISON WORLEY  |  WEDNESDAY, 20 NOV 2019
... challenges posed by "inefficient processes" relating to underwriting, the application process and limited integration between systems. "This highlights the opportunity for insurers to further support financial planners and their clients by improving ...

Defined contribution: A global perspective

HARRISON WORLEY  |  THURSDAY, 14 NOV 2019
... Superannuation executives at the ASFA Conference have learned of the challenges facing other defined contribution pension systems around the world. Kicking off the second day of the ASFA Conference in Melbourne, Challenger retirement income chair Jeremy ...

Trustee firm expands into fund administration

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2019
... superannuation and funds management sectors next year. The aim of the solution is to replace the existing expensive and cumbersome systems and remove the middlemen, Sargon said. A tender process is currently underway to find a preferred member administration ...

NAB faces half a billion in fines

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2019
... undetected until 2015 due to there being no lead, with a general manager only being appointed in October 2016, a lack of systems to monitor or review introducers, and controls over the program heavily relying on bankers. From 2013 to 2016 the program ...

Link Group enters UK market

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2019
... of administration in a very successful Australian superannuation market and it continues to invest in state of the art systems. This is a very positive partnership which facilitates both companies entering new markets," Evans said. The UK pensions market ...

First Sentier adds to global leadership team

ELIZA BAVIN  |  MONDAY, 11 NOV 2019
... appointed chief audit officer and will report to the board. Marks is a chartered accountant and a certified information systems auditor having worked in the financial services industry for over 30 years. He has previously held senior roles at Westpac ...

ANZ profits hit by remediation, low rates

ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
... meeting increased regulatory compliance obligations and targeting improvements to customer experience and origination systems. ANZ also flagged that it has funded and facilitated over $19 billion in environmentally sustainable solutions such as 'green ...