Industry Updates

Dixon Advisory director taken to court by ASIC

Dixon Advisory director Paul Ryan will face civil charges for alleged breaches of director duties after ASIC alleges he made decisions that were to the advantage of Dixon holding company E&P Operations – where he was also a director – rather than the insolvent firm's creditors.

Govt opens consultation on MIS review

The Albanese government has released a consultation paper examining the regulatory framework for Managed Investment Schemes to ensure it remains fit‑for‑purpose and effectively protects investors from unnecessary financial risk.

Cbus Super appoints head of portfolio strategies

Industry super fund Cbus Super has appointed Leigh Gavin as head of portfolio strategies to help implement its five-year strategy to internalise over half its assets under management and improve global partnerships to gain access to more investments.

Viridian picks up mortgage broking group

Viridian Financial Group has acquired mortgage broker Smartmove Professional Mortgage Advisors.

Former FSC, Challenger retirement income policy manager joins Iress

Retirement income policy veteran Amara Haqqani has been appointed chief operating officer of adviser software Iress.

PPS Mutual expands membership criteria

Life insurance company PPS Mutual will expand its membership eligibility criteria to any current or former member of a professional designation body.

AustralianSuper makes several senior UK appointments

AustralianSuper has continued its international expansion with several senior UK hires across investments, governance, and corporate affairs.

Future2 Foundation expands 2023 grants program

The Financial Advice Association’s Future2 Foundation will expand its eligibility criteria this year, allowing financial services professionals to nominate programs for Australians of any age, rather than restricting support to individuals between the ages of 12 and 25.

Integro Private Wealth appoints GM

Private wealth firm Integro Private Wealth has appointed Claire Vinnicombe as general manager. 

Acclaim Wealth appoints CEO

Wealth management platform provider Acclaim Wealth promoted head of distribution and partnerships, Terry Constable, to CEO.

Janus Henderson expands institutional sales team

Janus Henderson has appointed Ashleigh Lane as an institutional sales director and Sophie Nelson as an institutional sales associate.

Prime Super acquires two additional wind farms

Profit-for-member super fund Prime Super has purchased two wind farms in Victoria, bringing its wind-energy portfolio to a total of five wind farms.

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