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Showing 961 - 970 of 7371 results for "System"

Challenger overhauls IT, awards mandate

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... institutional clients. The transformation involves replacing Challenger Life's core annuity registry with global insurance system ALIP (Accenture Life Insurance and Annuity Platform) and providing new customer portals. The partnership is due to commence ...

AustralianSuper calls for an 'account for life'

ANDREW MCKEAN  |  MONDAY, 12 FEB 2024
... AustralianSuper has urged for an 'account for life' superannuation reform to Treasury, in a bid to deliver a visionary retirement system. The super fund also advocated for the automation of Age Pension applications, a move that would enable an integration ...

Advice reforms can solve retirement income challenges

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
... Financial Outcomes package of reforms could prove invaluable to retirees and pre-retirees as they navigate a labyrinthine system. One of the proposed changes from the Delivering Better Financial Outcomes reforms is expanding superannuation advice. This ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
... period. Court continued saying that when individuals have bad experiences with a fund, their confidence in the superannuation system is likely to be undermined; nowhere is this more evident than in relation to death benefit claims handling. "We are aware ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
Several major superannuation funds such as UniSuper, Aware Super, and Equip Super continue to invest in global weapons companies despite growing concerns among members, particularly as the Israel-Hamas war escalates. This includes France's Thales ...

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... focused on "protecting the safety and resilience of regulated entities, promoting confidence and stability in the financial system, and supporting the community to achieve good financial outcomes." As part of this, APRA pinpointed asset valuation and ...

Treasury details winners from tax concessions on super contributions

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... scheduled to commence on 1 July 2025, is initially expected to impact less than 0.5% of Australians. Under the current system, while employer and personal contributions to super funds are usually taxed at 15%, individuals earning over $250,000 face a ...

AI is not the 'Wild West': Longo

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
Despite the rapid progress of artificial intelligence (AI), existing obligations around good governance and the provision of financial services remain robust, according to ASIC chair Joe Longo. Addressing the crowd yesterday at the UTS Human Technology ...

AI mania will underwhelm advice: Finura

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2024
"AI mania" will over-promise and underdeliver for financial advisers, while superannuation funds are tipped to give digital advice a boost, Finura Group's 2024 predictions reveal. In the latest Australian wealth tech predictions report, Finura highlights ...

Industry leaders celebrate Australia Day honours

KARREN VERGARA  |  MONDAY, 29 JAN 2024
... assurance division since 2021. She is currently an Association of Superannuation Funds of Australia member for its Super System Design Policy Council. Super Rewards co-founder and chief executive Pascale Helyar-Moray was recognised for her services to ...