Industry Updates

Psychosocial risks must be front-of-mind for employers: Research

Research has discovered worker morale has dropped compared last year. Although the research is broad-based, the report highlights recurring factors that have impacted the financial advice profession.

Betashares launches two low-cost global shares ETFs

ETF manager Betashares will launch two new global share funds in the coming weeks that tracks an index of 1500 global companies and suitable as a core allocation to portfolios.

UniSuper enters Europe with $1b mobile towers investment

Superannuation fund UniSuper has secured a 5 per cent indirect stake in mobile towers business Vantage Towers in a $1 billion deal.

BlackRock to launch global infrastructure and property ETFs

BlackRock Australia will launch two core ETFs later this month, focused on giving investors exposure to global infrastructure and property.

Show me the evidence: Why comprehensively detailing the advice strategy matters

Improved regulatory requirements have significantly lifted the standard of Statements of Advice however there are still areas of improvement according to a pair of compliance experts – particularly ways advisers should be highlighting the evidence behind the advice process.

Don’t let the sun go down on me

The FAAA has found over two-thirds of members back the inclusion of a sunset clause though they were evenly split over the experience pathway. For the SIAA, the motivation is much simpler – the pathway is imperative for its base.

Allianz Retire+ AGILE receives ‘Recommended’ rating from Zenith

Allianz Retire+ has received a ‘Recommended’ rating for its longevity solution AGILE from research house Zenith Investment Partners.

CountPlus changes name to ‘Count’ with overwhelming support

CountPlus has changed its name to Count after 99.94 per cent of shareholder votes were cast in support at a recent EGM in Sydney.

SuperFriend promotes AusSuper CMO to deputy chair

Workplace mental health not-for-profit SuperFriend has promoted director Rose Kerlin to deputy chair of its board, following the resignation of incumbent Teifi Whatley.

New look, new face to lead industry-standard licensee research

Being on the receiving end of the research as a licensee head, former GPS Wealth chief Grahame Evans knows all too well the impact of the CoreData Licensee Research has on the direction of the advice profession. He’s leading the project this year and wants to maximise the input from the planning community.

Top tips for effective media relations

For advice practices looking to better market themselves, strong media relationships offer extensive value, even if it doesn’t always result in a story, Claudia Pritchitt writes.

Dexus acquires additional interest in Royal Adelaide Hospital

The Dexus Community Infrastructure Fund (CommIF), the Dexus Healthcare Property Fund (DHPF), and the AMP Capital Core Infrastructure Fund (CIF) have acquired a combined 30.58 per cent interest in Celsus Holding, taking Dexus’ total stake to 72.79 per cent.

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