UniSuper invests in Asian equities through Man GLG
Industry super fund UniSuper is now investing in Asia ex-Japan equities through Man GLG, the discretionary fund management unit of publicly-traded hedge fund Man Group.
September 29, 2023
Affinia firm moves to Count licence
Former Affinia-aligned firm Tribel Advisory has joined Count’s AFSL network, one of the first to do so since the acquisition from TAL in May.
September 29, 2023
FEAL appoints NGS Super CEO to board
The Fund Executives Association (FEAL) has appointed NGS Super CEO Natalie Previtera to its board of directors, replacing Jo Townsend, who is retiring.
September 29, 2023
Licensee deals need to factor PI run-off
PI insurance transitions aren’t effectively articulated in licensee contracts, according to a broker. This lack of clarity creates a thorn in practices attempting to switch licensees, with licensees pushing practices to buy extra coverage that isn’t necessarily available on market.
September 28, 2023
Mine Super and TWUSUPER sign SFT deed
Industry super funds Mine Super and TWUSUPER have signed successor fund transfer deed as part of their merger discussions.
September 28, 2023
HESTA research shows the financial toll of unpaid care
The hidden costs of unpaid care have significant implications for women’s productivity and financial well-being, according to research conducted by HESTA over 2022 and 2023.
September 28, 2023
Ex-AMP advisers ‘disappointed’ as BOLR case heads for appeal
AMP has announced it will appeal the Buyer of Last Resort ruling that found the embattled wealth giant reneged on contractual obligations, subject to pending mediation. Advisers involved in the class action say AMP’s willingness to appeal undermines the claims of cultural change under the leadership of CEO Alexis George.
September 27, 2023
Half of advice firms eyeing off AI integration: Report
Around half of financial advisory firms are either testing or considering integrating artificial intelligence into their operations, according to research from Netwealth, but the platform provider has warned practices against putting client details into public systems like ChatGPT.
September 27, 2023
Fintech pays penalties for misrepresenting crypto product
Fintech company Bobbob has paid $53,280 to comply with infringement notices regarding representations it made about a crypto-asset-linked investment product.
September 27, 2023
AUSIEX partners with Saxo to provide trading solution for advisers
Wholesale trading platform AUSIEX has partnered with online trading and investment specialist Saxo Australia to provide an integrated international trading solution for advisers.
September 27, 2023
Betashares enters superannuation industry with Bendigo Super acquisiton
Betashares will directly enter the superannuation market after reaching has reached an agreement with Bendigo and Adelaide Bank to acquire Bendigo Superannuation.
September 27, 2023
