AXA IM reports doubling of corporate engagement in 2022
In 2022, investment management firm AXA IM conducted 596 engagements with 480 entities, mainly in Europe and North America. It also held 30 per cent more discussions at executive and board levels last year than in 2021.
April 17, 2023
Reviewing the ‘forgotten child’ of Standard 12
Standard 12 of the Code of Ethics offers the profession a great opportunity to drive how it regulates itself, according to Capital Advisory director Michael Miller. While Standard 3 and 6 have generated the majority of headlines over the last few years, Miller believes an examination of the ethical and functional parameters of Standard 12 is long overdue.
April 14, 2023
AMP Foundation awards dual $1m grants amid 30th anniversary celebrations
Celebrating the 30th anniversary of the philanthropic arm of AMP, the foundation has awarded two non-profits million-dollar grants to support the work they are undertaking in the community.
April 14, 2023
FNZ partners with Virgin Money on UK digital investment platform
Wealth management platform developer FNZ has partnered with UK full-service digital bank Virgin Money to launch a digital investment platform for retail investors in the UK.
April 14, 2023
‘This has given us a clear focus’: The value of practice benchmarking
Advice practices often don’t have the advantage of comparing themselves to competitors, but the value of benchmarking can help set the standard of a business.
April 13, 2023
ETF growth demands better market structure
A report from PwC predicted the ETF market will double by 2027. Ben Walsh writes it’s a bold prediction and one that requires confronting the existing hurdles affecting growth in the industry currently.
April 13, 2023
Permanent injunctions ordered against ‘ASX Wolf’ Tyson Scholz
The federal court has made permanent injunctions against finfluencer Tyson Scholz, who self-identified as the “ASX Wolf”, prohibiting him from conducting a financial services business in Australia.
April 13, 2023
Financial product registrations drive growth in March quarter: APIR
After a slow start to the calendar year, registrations of financial products during March saw the first quarter of 2023 finish 9 per cent higher than the five-year rolling average for the same period, at 199 product registrations, according to APIR.
April 13, 2023
ASIC berates YFYS test fund failures for poor member communications
The corporate regulator has pulled up super fund trustees who failed the Your Future, Your Super performance test for poor member communications. Amid increased regulatory and political pressure, the regulator has urged the trustees to improve the experience for Australia’s super fund members.
April 12, 2023
Overwhelming support for compulsory super: ASFA survey
Super fund members have shown “overwhelming” support for Australia’s compulsory super system, according to findings from a survey conducted by the Association of Superannuation Funds of Australia.
April 12, 2023
