Double trouble for super funds RIC data needs
Data collection for trustees to develop retirement income strategies is a two-fold issue because of the need to collect aggregate member data to develop strategies, but to also individual data to cater for those members' specific needs.
May 20, 2024
Forbes Fava and Finanalyze complete merger
Advice practices Forbes Fava Financial Planning and Finanalyze Financial Planning have successfully completed their merger to become Forbes Fava Saville.
May 20, 2024
Advisers’ shared experiences and expertise to shape the future of advice
Ahead of the Professional Planner Licensee Summit next month, CoreData is once again canvassing adviser views for its annual presentation to licensee heads. The survey will not only inform licensees at the event about the needs and pain points in this profession – these crucial perspectives are used advocate for the needs of advisers to product providers and regulators.
May 17, 2024
Link Group rebrands after successful MUFG acquisition
Link Group has rebranded to MUFG Pension & Market Services after its acquisition by Mitsubishi UFJ Trust & Banking Corporation was successfully implemented.
May 16, 2024
Aware Super appoints operations GM
Aware Super has appointed Winnie Huen to the newly created role of general manager strategy and transformation.
May 16, 2024
‘Non-negotiable’ new entrant pathway doesn’t lower standards
The Joint Associations Working Group’s new education pathway proposal aims to expand flexibility for people joining the profession, but stressed the proposal maintains a high standard for the industry.
May 15, 2024
OneVue client data impacted amid Iress GitHub breach
After reporting a breach on its GitHub account, Iress has since discovered that a credential was stolen and used to gain access to Iress’ OneVue production environment.
May 15, 2024
RFS Advice chief executive Paul Forbes to step down
An ardent believer in building professionalised advice businesses, Forbes will step away after spending the last 13 years leading RFS Advice. He will continue to lead Australian Advice Network, the licensee for high-performing advice practices RFS, Evalesco Financial, Centaur Financial Services and Guide Financial.
May 14, 2024
Give us guidance if there’s no safe harbour: SIAA
The Stockbrokers and Investment Advisers Association wants guidance for what will satisfy the Best Interest Duty after the safe harbour provisions are removed as part of the QAR reforms. The association also weighed in on two controversial elements of the QAR legislation, expressing concern over super fund advice fee oversight rules, but has admitted there is a “divergence of views” over the new class of “qualified advisers”.
May 14, 2024
Equity Trustees to take possession of ANZ’s will bank
Nearly 6000 wills, along with related estate planning documents currently held by ANZ Group, will be transferred to Equity Trustees for management and safekeeping.
May 14, 2024
