Funds And Super IT

• George Lekakis

The push by government agencies to mandate real time payments in critical parts of the financial services industry is set to generate more opportunities for startups to build scale swiftly. read more

• George Lekakis

Australian Super is struggling to deal with problems flowing from its bungled rollout of new internet and mobile service platforms in November, with members saying they are still unable to submit onli.. read more

• George Lekakis

AustralianSuper faces a wave of official complaints and significant member losses as technical problems affecting its error-plagued new digital portals spill into a fifth week. read more

• Banking Day staff

The ACCC has started its formal consideration of ANZ’s proposed acquisition of Suncorp’s banking business. read more

• George Lekakis

Super Consumers Australia has called on AustralianSuper to resolve its technology problems amid concern that pension-phase members of the fund may not be able to adjust their income payments ahead of.. read more

• George Lekakis

The Australian Financial Complaints Authority has confirmed it is receiving a flow of complaints from members of Australian Super after a bungled technology upgrade last month resulted in thousands of.. read more

• George Lekakis

Thousands of members of the country’s largest superannuation fund – Australian Super – have had no access to their pension and accumulation accounts for almost two weeks after a bungled technology ove.. read more

• John Kavanagh

Douugh Ltd, which is in the business of developing personal financial management tools, has launched a trial of its financial “super app” in Australia and has flagged a full market launch later this y.. read more

• John Kavanagh

Commonwealth Bank chief executive Matt Comyn says the bank’s exit from the wealth and advice industries means it must be much better at executing on its core banking priorities – lending and deposit t.. read more

• John Kavanagh

Gryphon Capital Investment Trust, an ASX-listed fund that invests in residential mortgage-backed securities, has advised investors that hardship relief provided to borrowers impacted by COVID-19 will.. read more

• Banking Day staff

A single superannuation account at a single fund, per person, for life is on the agenda of the financial services royal commission. read more

• Banking Day staff

Influential listed fund manager The Australian Financial Investment Company is continuing to rein in its exposures to the four major banks amid deepening concern over the earnings outlook for the sect.. read more

• Bernard Kellerman

The latest SuperRatings' monthly data to end of July 2016  re-affirms a well-established trend: not-for-profit industry super funds have continued to outperform bank-owned funds in the short, med.. read more

• Bernard Kellerman

Class, a provider of cloud-based self-managed super fund administration software, has signed off on integration with RateSetter, provider of peer-to-peer lending to retail investors and SMSFs. read more

• Bernard Kellerman

The potential market for the real property e-settlement system, PEXA, has been expanded with the passing of legislation allowing e-conveyancing in South Australia. read more

• Banking Day staff

Libya's US$67 billion sovereign wealth fund will commence proceedings against Goldman Sachs in a London court this week, alleging that the investment bank exploited the fund by encouraging it to make.. read more