Blog
Currently viewing: All
4 September 2012
System integration issues continue to present unique challenges to organisations seeking to make strategic decisions regarding product selection. Delivering applications to satisfy business needs requires an understanding of technology and best practice when faced with the constraints of legacy systems. Where critical business information resides across a variety of operating systems and databases, combining this... MORE
15 August 2012
Darren Stevens, our Global Head of Product for Wealth Management recently chaired a round table that discussed driving change through innovation in Self Managed Super Fund (SMSF) offerings. It was a fascinating discussion that saw some leading thinkers from the SMSF sector weighing in. A number of themes were touched upon and debated through the... MORE
2 August 2012
With the start of SuperStream now under a year away and the ATO suggesting super funds need to have solutions in place for testing by the end of March 2013, now is the time for funds to ensure they fully understand the implications of SuperStream and are ready for 1 July 2013. There are a... MORE
29 June 2012
The MySuper start date is 1 July 2013, and all superannuation funds wanting to accept Superannuation Guarantee contributions after that date must first have their MySuper product approved by the Australian Prudential Regulation Authority (APRA). I recently looked through APRA’s MySuper application form, and was surprised by the amount of effort and skill that will... MORE
14 June 2012
In the aftermath of the global economic crisis, a wave of new legislation has flooded the financial services industry and organisations are grappling with the biggest regulation implementation changes in a generation. Coming from all over the globe, these regulations have the common goal of making the industry more transparent and are placing organisations under... MORE
4 June 2012
In recent weeks there has been discussion in the Australian industry about Investment Trends’ latest report stating that an increasing number of Australians are turning to Superannuation funds for advice. The report builds on a number of recent others, including from ASFA (Consumer attitudes to superannuation and super policy issues, Nov 2011), stating that members... MORE
15 May 2012
Computer systems and applications that constitute today’s information technology pervade every part of every business and government, throughout Australia. IT’s rapid evolution has challenged business, government and non-profit organisations to extract the most benefits from their systems and applications and to update them as the organisations needs evolve. To some, IT departments should constantly modernise... MORE
2 May 2012
The funds industry is one of the great success stories of the Irish economy. From humble beginnings in the early 1990s, the region has become a global player. According to statistics from the Irish Funds Industry Association, it services assets in excess of €1,941 billion and employs over 11,000 people. But what next for this... MORE
24 April 2012
This week, the Celent team have been developing the content for a workshop that we will take to our clients to explore what the world of insurance could like in 2022 once the disruptive effects of today’s technology evolutions take hold, such as cloud, ‘Big Data’, and SoMoLo (Social, Mobile and Local). Although sometimes in... MORE
17 April 2012
The latest Exposure Draft (ED) “Superannuation Payments and Data Regulations” legislation from SuperStream (part of the Stronger Super government initiative to reform the Australian superannuation industry) focuses on the data standards for superannuation payments, placing enforceable requirements on super entities, employers and intermediaries processing data on behalf of these entities. The SuperStream legislation is intended... MORE