Industry Updates

Cbus appoints CIO

Industry fund Cbus Super has promoted deputy chief investment officer Brett Chatfield to the CIO role.

FIIG Securities hit with cyber breach

The IT systems for fixed income provider FIIG Securities have been temporarily disabled amid the firm being subject to a ransomware attack.

ART appoints BT’s Vincent as chief of retirement

Australian Retirement Trust has appointed BT chief strategy and product officer Kathy Vincent as chief of retirement following a global search.

Zurich launches insurance resource amid cost of living pressure

Zurich Financial Services has launched an insurance affordability resource designed to educate customers on how to control their insurance coverage to ease cost-of-living pressures while ensuring they remain protected.

Schroders appoints CIO as CEO

Schroders Australia has appointed Simon Doyle as CEO, replacing Sam Hallinan. 

Former Lonsec executive director joins Fidelity

Fidelity International has appointed former Lonsec executive director Lukasz de Pourbaix as global cross asset specialist.

Allianz Retire+ adds ex-MLC Wealth, Unisuper and FEAL executives to advisory board

Allianz Retire+ has appointed three former industry CEOs from MLC Wealth, UniSuper and the Fund Executives Association Ltd to its Retirement Advisory Board.

May adviser exam sees 63pc pass rate

Over half of candidates passed the May adviser exam, according to results released by ASIC on Friday morning.

AMP updates North ROA and retirement calculator functions

AMP has announced two key changes to the North platform around streamlining Records of Advice and the Lifetime Super Calculator.

HCF Life & UnderwriteMe launch Life Protect Insurance

Not-for-profit insurance company HCF Life has collaborated with software company UnderwriteMe to launch Life Protect Insurance, which provides customers with personalised solutions that consider their respective circumstances, such as lifestyle, medical, and family history.

State Street expands its ETF asset servicing capability

State Street Corporation’s front-to-back asset servicing platform, Alpha, now supports the entire ETF lifecycle with front, middle, and back-office capabilities.

Former FPA/FPSB chair awarded OAM

Certified financial planner Neil Kendall has received a Medal of the Order of Australia for his contribution to the financial planning profession.

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