State Street reappointed by Rest to provide custodial services
State Street Corporation has been reappointed by industry fund for retail workers, Rest, to provide custodial services.
Industry UpdatesNovember 8, 2022
Magellan co-founder Douglass offloads some of his company holdings
Magellan's Hamish Douglass has notified the fund manager that he has sold approximately 13 million ordinary shares on Monday evening at a price of $9.10 per share.
Industry UpdatesNovember 8, 2022
Capital Group appoints new fixed income business development head
Capital Group has appointed Scott Steele as head of fixed income business development for Europe and Asia.
Industry UpdatesNovember 8, 2022
Kaplan Professional and BlackRock launch industry-first ETF short course
Kaplan Professional and BlackRock have launched an industry-first ETF short course.
Industry UpdatesNovember 7, 2022
FPA/AFA merger vote to be conducted next February
Voting on the merger between the Financial Planning Association and the Association of Financial Advisers has been confirmed for February 2023.
Industry UpdatesNovember 7, 2022
Westpac results offer no update on Panorama sale
The much-anticipated next destination for BT Panorama will continue to remain a mystery with Westpac’s full year results offering no update on the sale of the platform business.
Industry UpdatesNovember 7, 2022
Members of the life insurance industry back a new peak body
Members of the Australian life insurance industry have backed the new peak body, the Council of Australian Life Insurers (CALI).
Industry UpdatesNovember 7, 2022
ISPT, HESTA & UniSuper co-invest into $600m UNSW Health Translation Hub
Property fund manager ISPT, super funds HESTA and UniSuper, and infrastructure investor and developer Plenary have partnered with the University of New South Wales (UNSW) to develop a $600 million Health Translation Hub (HTH) at Randwick’s health innovation precinct.
Industry UpdatesNovember 7, 2022
Apostle Funds Management appoints new partner
Apostle Funds Management (AFM) has appointed Luke Donovan as partner, global carbon markets.
Industry UpdatesNovember 7, 2022
New adviser registration requirement delayed
The government has postponed for six months a requirement for financial advisers to register with ASIC. The new registration requirement is separate to the existing requirement for an AFS licensee to appoint a financial adviser that they authorise to ASIC’s Financial Adviser Register.
Industry UpdatesNovember 4, 2022
APRA places further licence conditions on Insignia super trustees
APRA has imposed additional licence conditions on several Insignia Financial superannuation trustees.
Industry UpdatesNovember 4, 2022
Padua Solutions appoints new head of sales
Padua Solutions has appointed Steve Toth to the newly created position of head of sales and account management.
Industry UpdatesNovember 4, 2022