Industry Updates

AustralianSuper invests $2.5b Vantage EMEA

Industry super fund AustralianSuper has invested $2.5 billion in Vantage Data Centers EMEA through a partnership with digital infrastructure firm DigitalBridge Group, making them key shareholders in the company.

Tackling gender diversity challenges in financial advice

Just one in five financial advisers is a woman, a ratio that has remained largely unchanged for more than a decade. A recent roundtable hosted by Professional Planner and the Stella Network, and sponsored by BT Financial Group, discussed why the lack of diversity still exists, how it can be changed, and how more women can be encouraged to enter the financial advice ecosystem.

Funds SA appoints CEO

South Australian government-owned investment corporation Funds SA has appointed its chief operating officer John Piteo as CEO following an extensive search process. 

SuperConcepts appoints GM of quality & tech services

SuperConcepts has appointed Craig Stone as general manager of quality and technical services. 

Making your advice practice more attractive to investors

With potential investors ranging from local licensees looking for a larger share of the pie or overseas investors enticed by Australia’s $3.4 trillion retirement pool, it’s never been a better time for advice businesses to make sure their practices are as attractive as possible to buyers.

Outgoing ART chief backs QAR in parting words

The outgoing chief executive of Australia’s second-largest super fund has backed the Quality of Advice Review as the super industry grapples with the complexities of member needs in retirement.

Elixir launches practice management research

Elixir Consulting is launching a practice management research study to uncover practical techniques that can redefine efficiency and productivity norms within the industry, and ultimately improve the impact advice firms have on their clients and staff.

Former van Eyk CEO banned by ASIC

ASIC has permanently banned former van Eyk Research CEO Mark Thomas from any involvement in financial services or credit provision following his conviction for dishonest conduct.

hmh Advisory partners with OpenInvest

Accounting and financial services firm hmh Advisory (formerly Haines Muir Hill) has partnered with OpenInvest to launch hmh onlineinvest.

Count appoints CFO

Count has appointed Keith Leung as chief financial officer, replacing Laurent Toussaint, whose departure from the role was announced in July.

How we can embrace and implement Standard 12

In the second part of a critical analysis of Standard 12 of the Code of Ethics, Capital Advisory director Michael Miller writes the final standard gives the advice profession the opportunity for self-regulation, but to do so requires a higher level of peer accountability.

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