Industry Updates

ART makes investment team changes

Australian Retirement Trust has appointed Andrew Fisher as head of investment strategy, while head of strategy for QSuper portfolios Damien Lillicrap has left the fund to pursue other opportunities.

Betashares launches practice development offering

ETF provider Betashares has launched a practice development content offering that aims to help advisers develop their businesses.

‘Impossible’ to provide comprehensive advice to members: ART

External advisers will be the primary outlet for complex advice for Australian Retirement Trust members with the fund prioritising advocacy for the profession over expanding holistic advice services.

Net zero finds some new political friends

Senators covering both aisles of Parliament − the Liberal’s Andrew Bragg, Labor’s Karen Grogan and Independent David Pocock − have formed a group to introduce legislation to increase institutional investment into projects and technology that prioritises the net zero transition.

Cbus CEO to retire

After completion of two major mergers, the CEO of industry fund Cbus Super, Justin Arter, will retire in May.

Future2 Foundation to include AFA and SMSF Association members

The Financial Planning Association’s Future2 Foundation has expanded its scope to include members of the Association of Financial Advisers and the SMSF Association as participants in its charitable activities.

Separating fact from fiction about active ETFs

With the growth in popularity of ETFs, ETFs have become increasingly popular as a means of investment, but with their growing popularity, many misconceptions have arisen about their value and risks. By separating fact from fiction, this article aims to help investors make informed decisions when considering ETFs as part of their investment portfolio.

Unlocking the Potential: Understanding how ETFs work

ETFs have become an increasingly popular investment option in recent years. Whether you are a seasoned investor or just starting out, understanding ETFs is essential for making informed investment decisions in today’s financial landscape.

Demystifying myths on ETF liquidity & embracing the active opportunity

Liquidity is one of the most important ETF features, and it’s also one of the most widely misunderstood. ETF liquidity can often be greater than investors assume. We share our insights as investors warm up to actively managed ETF strategies.

Licensees will ‘cease to exist’ if business models don’t change

The relationship between an advice practice and its licensee is more than a business transaction – it’s an agreement built on trust and aligned values. But in a tight margin environment, licensees face a world where they need to better price in the risk they take on.

AFCA aims to refine complaints process with consultation

The complaints authority has opened a public consultation on recommendations from the Treasury-led review in 2021. Changes around improving complaint handling efficiency and timeliness are among the key proposals.

Vanguard issued warning from NZ market authority

New Zealand’s Financial Markets Authority (FMA) has issued a formal warning to Vanguard Australia for failing to lodge a required notice on the NZ Companies Office Disclose Register regarding action taken against it by ASIC.

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