MLC Life nabs Cbus talent as chief technology officer
MLC Life Insurance has appointed Mirella Robinson to the newly created role of chief technology officer.
February 27, 2024
Profitable and ethical advice a prime opportunity for young advisers
Profitable delivery of reasonably priced and ethical financial advice to younger Australians is an important opportunity for a new generation of professional advisers, provided the regulatory environment is appropriately structured, writes financial educator, Robert M C Brown.
February 26, 2024
NZ Super appoints new chair
Guardians of NZ Super has appointed John Williamson as the Kiwi sovereign fund’s chair, replacing Catherine Drayton who is stepping down at the end of this week.
February 26, 2024
Global pension assets approach $85t after 2023
Global pension assets have risen 11 per cent to reach US$55.7 trillion ($84.9 trillion) in 2023, according to the Thinking Ahead Institute’s latest Global Pension Assets Study.
February 26, 2024
REST makes first impact investment in listed equities
Retail workers industry fund REST has made its first listed equity impact investment, committing $150 million into a mandate with asset manager Ninety One.
February 26, 2024
Iress sells OneVue platform business to Praemium
Iress has agreed to sell the platform business it acquired from OneVue to ASX-listed platform technology provider Praemium.
February 26, 2024
Aware Super to fuel sustainability transition with global co-investment
Aware Super has made a US$50 million ($76 million) co-investment alongside Macquarie Asset Management (MAM) into a specialty infrastructure finance company helping to fund the North American sustainability transition.
February 26, 2024
‘On the other side of calamity’: AMP eyes brighter advice future
In Adelaide at AMP’s 2024 Advice Live event, group executive for advice Matt Lawler explained why he believes AMP’s advice business is very different from a few years ago. The candid discussion comes amid the canvassing of views from the network over whether they want to maintain the security of institutional backing or if it is time for a stand-alone spin-off.
February 23, 2024
Growth mindset and ignoring the noise
Practices that want to maintain a growth mindset should focus on honing their internal processes and procedures, according to AFSL consultancy Tangelo Advice Consulting, and try to ignore a noisy regulatory environment.
February 23, 2024
Super caps to increase in FY24
The Federal Government has confirmed increases in the standard concessional and non-concessional contributions caps for FY24.
February 22, 2024
‘Job is never done’: Mota’s parting advice to new Insignia boss
Outgoing Insignia Financial CEO Renato Mota has encouraged his successor, Scott Hartley, colleagues and the broader industry to continue trying to develop a mass-market financial advice model suitable for regular Australians. In a valedictory interview with Professional Planner, he said the monster acquisitions of ANZ and MLC were the “right thing to do” and questioned the economics of the traditional licensing model.
February 22, 2024
Coalition decries attacks on aspiration, but super tax change impacts few
The federal opposition has used the SMSF National Conference to ramp up its criticism of the government’s attack on “aspiration” via tax reform in the super sector, but research conducted by SMSF experts Heffron shows the most optimistic modelling shows few will be impacted by the reduction of concessions for balances over $3 million over time.
February 22, 2024
