First stage of AMP Capital sale complete
AMP has announced a $337 million deal will be completed at the end of the week which will see the real estate and domestic infrastructure equity business be sold to Dexus Funds Management.
March 20, 2023
Novigi to be out source provider for Mercer’s Wollongong tech services
Specialist data and technology services provider Novigi will be the outsourcer for Mercer’s Wollongong business.
March 20, 2023
Aware Super restructures investment team
Aware Super has restructured its investment team in line with its strategy to deliver strong risk-adjusted returns for its members and manage $250 billion FUM by 2026.
March 20, 2023
Jones avoiding ‘heroic claims’ red tape reduction will improve advice access
Minister for Financial Services Stephen Jones has laid out a vision for streamlining advice regulation, but there is still the apprehension that savings on the cost of advice will not be passed on to consumers, and practices will not be willing to take on more clients to close the advice gap.
March 17, 2023
Practifi appoints co-founder as CEO
Performance optimisation platform Practifi has appointed Adrian Johnstone as CEO, succeeding his co-founder Glenn Elliott.
March 17, 2023
ASIC issues interim stop orders on three BT funds
ASIC has made interim stop orders preventing BT’s Advance Asset Management from offering or distributing three funds to retail investors because of non-compliant Target Market Determinations.
March 17, 2023
ASIC grants reissue relief for pre-DDO life products
ASIC has provided conditional relief for life insurers from the Design and Distribution Obligations when reissuing life insurance policies in “certain, limited circumstances”.
March 17, 2023
Australians support super tax hike, expect more changes: CoreData
Research reveals two-thirds of Australians support an increase in the tax on earnings of super funds with account balances of more than $3 million.
March 16, 2023
Agriculture sustainability assurance program launched in Australia
Leading Harvest, a non-profit organisation founded in the US, launches its industry-leading program in Australia to implement a world-first sustainability assurance program to help harmonise sustainability reporting across crops and regions.
March 16, 2023
Northleaf selects Equity Trustees for custody role
Private markets investment firm Northleaf Capital Partners has selected Equity Trustees as the trustee and custodian of its senior private credit fund, NSPC AUD Investor Trust.
March 16, 2023
The 2 best things I’ve done to improve my business
Whether it's inflation in the economy or inflation in regulatory fees, the cost to give advice is only climbing. However, some advice practices have found success streamlining certain processes in their businesses.
March 15, 2023
