ISA, IFM announce Combet replacements
Industry Super Australia and IFM Investors have both appointed chairs to replace Greg Combet who departed to lead the new Net Zero Economy Agency.
June 26, 2023
ASIC calls on super trustees to better deal with received member money
ASIC is calling on superannuation trustees to ensure they are meeting their legal obligations for dealing with incoming money from consumers if a new or increased interest in a super product cannot be issued by the next business day.
June 26, 2023
Trio of Betashares ETF hit $3b FUM milestone
A group of three Betashares’ flagship ETF funds – it’s ASX 200 (A200) and NASDAQ 100 (NDQ) trackers, and Australian High Interest Cash fund (AAA) – have recently each passed $3 billion in Funds Under Management.
June 26, 2023
Rest appoints WTW to board
Industry super fund Rest has appointed Willis Towers Watson as its asset consultant to its board and board investment committee.
June 26, 2023
The valuation gap between licensees and platforms
Amid competition for revenue in the advice chain, an equity researcher has identified the glaring difference in platform and licensee valuations.
June 23, 2023
SQM head of research departs
After nine years as head of research at SQM, Rob da Silva has announced his departure.
June 23, 2023
Kaplan launches ‘MBA-style’ corporate workshops
Education provider Kaplan Professional is launching a national series of corporate workshops designed for leaders in financial services who recognise the need to adapt to the changing post-pandemic workplace dynamics.
June 23, 2023
Aware Super reconfigures high growth options
Industry super fund Aware Super has introduced an actively-managed high growth socially conscious option and high growth indexed option to complement its core high growth actively managed option.
June 23, 2023
Morrison Securities pays $333k infringement notice
Morrison Securities has paid a penalty of $333,000 to comply with an infringement notice issued by the Markets Disciplinary Panel.
June 22, 2023
AMP practices indicating 15-20 pc capacity increase post-QAR: George
AMP chief executive Alexis George says the licensee’s practices will be willing to take on more clients if the government’s Quality of Advice Review response turns into regulatory change. However, she believes the issue of general advice has been overlooked as a way to better serve a different part of the market.
June 22, 2023
CEO, new staff are weakest links in cyber defense
The Achilles’ heel of a company’s cyber security defense is a revolving door of staff and rule-bending managers, according to Cyber Collective founder Fraser Jack.
June 22, 2023
