Norwich tidies back office
Norwich Union has forked out $25 million for the revamping of the back office of its Navigator master trust.
Norwich Union has forked out $25 million for the revamping of the back office of its Navigator master trust.
The revamp, called Project Greenfield, will expand Navigator’s central admini-stration and reporting systems. It replaces the Navigator administration system, NavLink and FPI financial planning software.
Pricewaterhouse Coopers has also been a part of the development of Project Greenfield, providing the design and analysis base for the system.
The system will allow financial planners to prepare investment strategies and fi-nancial plans.
The company expects Project Greenfield to be rolled out before the end of the year. It will unveil the new system to advisers in a national roadshow starting in the middle of May.
Recommended for you
AFCA has confirmed United Global Capital’s membership of the body will not be extended to accept further complaints, avoiding a repeat of the Dixon Advisory scenario.
Three of Australia’s largest financial advice groups have shared their thoughts with Money Management on whether they would include crypto on their approved product lists.
Shadow treasurer Angus Taylor has vowed to introduce a bill to legislate a raft of financial services reforms if the Coalition is elected.
Money Management examines the share price of financial advice licensees over one year to 31 March, with M&A actions in the final quarter having a positive effect for two licensees.
