AMP BOLR settlement upheld
AMP’s $100 million Buyer of Last Resort settlement has been upheld by the Federal Court.
Industry UpdatesSeptember 6, 2024
August adviser exam sees 62 per cent pass rate
Some 62 per cent have passed the August sitting of the ASIC adviser exam, the lowest since the November 2022 sitting when 57 per cent passed.
Industry UpdatesSeptember 6, 2024
REST appoints strategy and data leaders
Super fund REST has appointed Kareene Koh as general manager of strategy and Florence La Carbona as general manager of data and insights.
Industry UpdatesSeptember 5, 2024
Zurich Australia appoints chief risk officer
Zurich has appointed David Wainwright as its chief risk officer for Australia and New Zealand.
Industry UpdatesSeptember 4, 2024
Former ASIC Commissioner to chair Insignia trustee board
Insignia Financial has appointed former ASIC Commissioner Danielle Press as chair and non-executive director of the Insignia Financial trustees.
Industry UpdatesSeptember 4, 2024
Fitzpatricks appoints CEO
Fitzpatricks Financial Group has appointed Andrew Fairweather as chief executive.
Industry UpdatesSeptember 4, 2024
Ponzi scheme director receives 11-year prison sentence
Former Courtenay House director Tony Iervasi has been sentenced to 11 years imprisonment for criminal charges relating to the operation of the firm’s Ponzi scheme.
Industry UpdatesSeptember 2, 2024
Sherlock Wealth names CEO
Sherlock Wealth has appointed Andrew Sherlock as its CEO, taking over from his wife Jacqui Sherlock who is stepping down after eight years in the role.
Industry UpdatesSeptember 2, 2024
Betashares completes acquisition of Bendigo Super
Betashares has completed the acquisition of the $1.4 billion Bendigo Superannuation, officially marking its entry to the retirement industry.
Industry UpdatesSeptember 2, 2024
ASIC calls on super funds to better engage with millennials
ASIC’s Moneysmart has urged super funds to better engage with millennial members and improve services, transparency and access to information, following a roundtable with financial advisers, research and content creators.
Industry UpdatesSeptember 2, 2024
State Street Global Advisors invests in fintech Raiz
Asset manager State Street Global Advisors has agreed to acquire five percent equity of fintech platform Raiz.
Industry UpdatesAugust 26, 2024
CALI opens grant program for female risk advisers
The Council of Australian Life Insurers has opened applications for its annual ReCALIbrate program, designed to support women who are risk advisers in the industry.
Industry UpdatesAugust 26, 2024