AustralianSuper partners with TAL for retirement product
The nation’s largest super fund AustralianSuper has partnered with life insurer TAL to develop a new ‘income for life’ retirement option.
March 19, 2024
HeirWealth partners with open banking firm Envestnet Yodlee
Sydney-based wealthtech HeirWealth has partnered with open banking technology company Envestnet Yodlee to streamline the intergenerational wealth transfer process.
March 18, 2024
Australians want to invest ethically but fear greenwashing: RIAA
The majority of Australians (88 per cent) are expressing a desire to invest ethically, either via super or other investments, but have trouble identifying truly ethical financial products, according to a study by the Responsible Investment Association Australasia (RIAA).
March 18, 2024
Iress sells UK mortgage business
Iress has entered a binding agreement to sell its UK mortgage sales and originations business to Bain Capital for a cash consideration of £85m ($A164.3m) before costs.
March 15, 2024
MFS appoints new CIO
MFS Investment Management has appointed Alison O’Neill as its chief investment officer, overseeing a 300-person investment team across equity, fixed income, quantitative solutions and global trading teams.
March 15, 2024
APRA, ASIC publish FAR information pack
APRA and ASIC have published information to help banks, insurers and super funds prepare for the commencement of the Financial Accountability Regime (FAR).
March 14, 2024
Super funds reduce Woodside, Santos exposure
Australia’s top 30 super funds have been reducing their investments in oil and gas producers Woodside and Santos over the past two years, relative to the Australian stock market, according to new analysis by Market Forces.
March 13, 2024
Managed account FUM reaches $194.8 billion at December 31: IMAP
IMAP's Census of Managed Account FUM in conjunction with Milliman Australia shows that managed accounts FUM reached $194.8 billion as at 31 December 2023.
March 12, 2024
Advisers’ role crucial in optimising Australia’s aged care system
Financial advisers have a crucial supporting role in optimising aged care plans for older Australians, according to Aged Care Steps.
March 12, 2024
Equity Trustees names new non-executive director
Equity Trustees has appointed Suzanne Holden as a non-executive director to its superannuation trustee business, as it passes the $60 billion funds under supervision (FUS) milestone.
March 12, 2024
Govt to introduce ‘regulatory grid’
The government will introduce a financial sector regulatory initiatives grid to help the industry better implement regulatory changes in a more efficient way.
March 11, 2024
Govt opens consultation on super performance test
Treasury has released a consultation paper on the superannuation performance test, addressing concerns from funds that the benchmarks are restricting their investment choices.
March 08, 2024
