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A spotlight on efficiency brings opportunity for TPAs

A spotlight on efficiency brings opportunity for TPAs

9 November 2015

Tony Collins Rapid technology evolution, shifting demographics and empowered consumers are trends well documented in academic and business journals alike. But what do they mean for the transfer agency (TA) sector? To an established market, it may well feel as though the natural order is turning on its head. Fund managers and advisers are launching robo-advice propositions... MORE

FSI – technology themes to watch

FSI – technology themes to watch

22 October 2015

The Federal Government this week accepted the majority of recommendations in Murray’s Financial System Inquiry (FSI) report. Many recommendations have direct or implied technology impacts for financial services firms that, once legislated, will require changes to or investment in new systems. Below we present our take on some of the key recommendations and the likely... MORE

The 2015-16 Federal Budget – how it impacts your super and wealth administration systems

The 2015-16 Federal Budget – how it impacts your super and wealth administration systems

20 May 2015

The much anticipated 2015-16 Federal Budget was handed down last week and the good news for super funds and wealth administrators is that the impacts are fairly minimal. That said, it remains highly likely that further reforms are on the horizon, but I’ll come to that later. Firstly, let’s sift through the detail and identify... MORE

Election 2015: What now for the long term savings and investments market?

Election 2015: What now for the long term savings and investments market?

12 May 2015

The 2015 election has given us all a good shake. On the face of it, the status quo is maintained, with David Cameron and George Osborne (the man who brought us pensions flexibility) returning to office. But half of the previous coalition has all but disappeared, including Steve Webb, arguably one of the most well... MORE

‘Pension Freedom Day’

‘Pension Freedom Day’

7 April 2015

Ben Faulkner Sweeping changes tear up the rule book And so it begins. April 6, 2015 is a day that few in the retirement industry had predicted, as individuals are handed unprecedented freedom to access their defined contribution (DC) pensions. The biggest pension revolution we’ve seen in our lifetime, it gives those over the age of 55... MORE

SuperStream: always look on the bright side of life

SuperStream: always look on the bright side of life

5 December 2014

Mark Thomas Everyone acknowledges that SuperStream has imposed a significant burden on super funds and the pain won’t go away any time soon. The bulk of automated contributions processing and electronic communication between funds is still to be implemented and will involve significant effort from all parties in the next year or two. It’s valuable, though, to... MORE

Whitepaper – Top 10 trends in the superannuation industry. Why funds must bite the system modernisation bullet.

Whitepaper – Top 10 trends in the superannuation industry. Why funds must bite the system modernisation bullet.

6 November 2014

Darren Stevens Following on from my previous whitepaper on the top 10 trends in life insurance, and with the upcoming ASFA National Conference just around the corner, I thought it timely to look at the superannuation industry next. This whitepaper identifies 10 major trends in the Australian super industry and assesses their future impact on the sector.... MORE

UK pension reform – part 2

UK pension reform – part 2

7 October 2014

Ben Faulkner George Osborne moves to end the 55% ‘death tax’ on pension pots in drawdown On Monday this week the Chancellor, George Osborne, announced at the Tory Party Conference further changes to the UK pensions landscape. This follows the radical pension freedom reforms announced in the March 2014 budget. The new move to scrap the 55%... MORE

Spiralling down: superannuation member fees

Spiralling down: superannuation member fees

19 June 2014

Michelle Lusty There has been recent discussion in the industry about the benefits of SuperStream. Are the efficiencies envisaged in the Cooper Review able to be realised? What benefits will actually flow to members over time? However SuperStream plays out, we can be assured that competitive pressures will continue as the industry consolidates, and members develop stronger... MORE

All change: government moves on pensions

All change: government moves on pensions

3 June 2014

Ben Faulkner The UK’s long-term savings and investment industry is undergoing significant upheaval as the Government moves to make major changes. George Osborne’s radical Budget is set to offer greater freedom to pension savers. Whilst a drive by the Department for Work & Pensions (DWP) and Financial Conduct Authority (FCA) is set to boost transparency and ensure... MORE