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Showing 1 - 10 of 59 results for "IT systems"

Commonwealth Super Corp to consolidate legacy IT systems

MATTHEW WAI  |  MONDAY, 9 FEB 2026
... systems to improve member experience, in an upgrade taking place between February 13-26. The fund is modernising the IT systems used to administer its various schemes, adopting a "single, contemporary" system, it said. "This will enable greater automation ...

Resolution Capital rejects takeover bid for National Storage REIT

RIDDHIMA TALWANI  |  TUESDAY, 23 DEC 2025
... a sum of the parts. The platform value should reflect the diversity, the development capability, significant IP and IT systems. Management deserves credit for having built a terrific business over nearly three decades. They should not be so quick to ...

HESTA, Vision Super divest Israeli securities

KARREN VERGARA  |  FRIDAY, 7 NOV 2025
As HESTA and Vision Super move to divest members' money from Israeli bonds and shares, other superannuation funds' ethical options continue to overlook human rights abuses. HESTA confirmed the move, saying that as part of its investment strategy ...

Aged care reforms pushed to November

JAMIE WILLIAMSON  |  THURSDAY, 5 JUN 2025
... starts. This brief deferral allows providers to train their staff and have conversations with their clients, get their IT systems ready and prepare operations for an orderly transition." The reforms have also been a point of concern for financial advisers ...

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... legacy funds management and superannuation products to "finally allow" companies to "close onerous and expensive legacy IT systems" without leaving their customers with "hefty tax penalties." Others sit with the government, such as streamlining the Foreign ...

ASIC calls out licensees: 'We will take action'

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... recently issued new guidance to support advisers and licensees to access the pathway," he said. "We have also updated our IT systems, so from July 1, licensees can begin lodging notifications where they have received a written declaration from an adviser ...

GBST, Wipro join forces on holistic administration service

ANDREW MCKEAN  |  WEDNESDAY, 19 JUN 2024
... collaboration addresses a critical need within the industry, where organisations often face challenges in managing legacy IT systems and multiple service providers simultaneously. "By consolidating administration services through a single, integrated ...

Budget 2024: Chalmers looks to reset aged care, NDIS

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... Advisory Committee. A further $160.7 million is being spent to update the NDIS Quality and Safeguards Commission's IT systems, and $20 million to start consultation and design reforms to help NDIS participants and people with disability navigate the ...

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 ...

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... of the underlying causes for the breaches, including weaknesses in change management, such as inadequate reviews of IT systems following platform updates, and manual errors made in applying leverage ratio limits. While the seven that paid $4.3 million ...
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Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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