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Showing 71 - 80 of 690 results for "Legacy"

AMP super class action finally hits court

JAMIE WILLIAMSON  |  TUESDAY, 27 MAY 2025
... claims also covered platform funds, being Wealth Personal Superannuation and Pension Fund and The Retirement Plan, and legacy products which were closed to new members for most or all of the period in question, but these claims were discontinued. "We ...

Super funds back $9.6bn homegrown platform

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
... economy. "The global financial system wasn't built for today's borderless economy. Too many businesses are held back by legacy infrastructure that's slow, costly, and fragmented," Zhang said. "At Airwallex, we're building a new foundation for the global ...

Australian Unity offloads property fund

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025
... enhancing rental income and stable returns for investors. "Newmark is committed to maintaining the Property Income Fund's legacy, while driving further growth through active asset management and increased investment in the fund." Diamantopoulos said ...

AFCA looks to expand jurisdiction over receiving banks in scams

MATTHEW WAI  |  TUESDAY, 20 MAY 2025
... communication channels; cease interactions with paid representatives who are not AFCA members; and the removal of AFCA's legacy Rules section, where the legacy jurisdiction has already closed at the end of June 2020. The key consideration among the changes ...

Canadian Securities Exchange to acquire National Stock Exchange of Australia

ANDREW MCKEAN  |  MONDAY, 19 MAY 2025
... exchange size does not fit all. Issuers and investors in Australia are keen to see a dynamic alternative to the larger, legacy incumbent," he said. "A stronger balance sheet enables NSX to expand our product offering, sharpen our customer focus, and ...

Zurich fined over false and misleading statements

MATTHEW WAI  |  MONDAY, 19 MAY 2025
... handling processes and ensure consumers are not misled in any way, shape or form. "Where the handling of a claim involves a legacy product or policy enhancements passed back to existing policyholders, insurers should ensure claims staff have an awareness ...

Life insurance premiums edge lower

ANDREW MCKEAN  |  TUESDAY, 6 MAY 2025
... share), Zurich/OnePath ($2.41 billion, 14.9% share), MLC Life ($1.83 billion, 11.3% share), and Resolution Life - the AMP legacy book now in run-off - with $1.26 billion or a 7.8% share.

Wealth managers' recovery looks promising: Research

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
... story, as will be the cost optimisation," analysts said. "Integration of the MLC and ex-ANZ Advice business and resolving legacy issues is proving to be more complex and expensive than initially expected, leading to large below-the-line cash outflows ...

Global X China Tech ETF in the works

ANDREW MCKEAN  |  THURSDAY, 1 MAY 2025
... mid-2010s..." Global X said. Global X's final rationale for investing in China's tech sector is the growing divergence within it. Legacy internet platforms and consumer discretionary technology companies are facing structural challenges, including slower ...

Future Group confirms more mergers ahead, undertakes review

JAMIE WILLIAMSON  |  THURSDAY, 24 APR 2025
... AIA, MetLife and Zurich. Future Group is consolidating its insurance offerings from 10 to four and closing several of its legacy investment options. Future Group said this has resulted in the need to transfer some members with complex insurance needs ...