Industry Updates

Changing market reality demands a clear-headed look at fixed income

The current market has brought risks to fixed income securities that many investors have never faced in their lives.

Investors return to bonds and fixed income after worst-performing year

Recent market performance for bonds has seen an unprecedented slump, but the value of the asset class is the benefits it offers over the long term.

BT’s Private Portfolio Management business to transition to Mercer

Mercer has entered into an agreement with Westpac Group to transition BT’s Private Portfolio Management business to Mercer, which will occur in Q4 this year.

‘We need a lot more’: FAAA sees work ahead to address supply

Kicking off the first-ever United Association Roadshow, the Financial Advice Association has delivered the message it will help to drive supply and create the next generation of advisers committed to the profession.

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.

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