Industry Updates

Ignition Advice appoints Asia Pacific BDM

Advice technology company Ignition Advice has appointed Darren Speirs as business development director for the Asia Pacific region. 

LifeBid launches equity crowdfunding campaign

Insurance company LifeBid has launched an equity raising campaign with crowdfunding platform Stride Equity.

Prime Value appoints heads of distribution & marketing

Boutique investment house Prime Value Asset Management has appointed Nathan Wares and Kate Mulham as head of distribution and head of marketing and communications, respectively.

Sequoia announces three senior hires

Sequoia Financial Group has picked up new hires from ASIC, WT Financial Group and Praemium across its operations, legal, and compliance divisions.

Surge in online superannuation searches: ART data

Online searches relating to superannuation have doubled over the last four years, according to data from Australian Retirement Trust. 

Principal Asset Management appoints MD

Investment company Principal Asset Management has appointed Michael Goosay as the managing director of global fixed income and portfolio manager on select strategies. 

Northern Trust appoints head of global fund services

Financial institution Northern Trust has appointed Caroline Higgins as head of global fund services in the Asia Pacific. 

TAL named AFLW insurance partner

TAL will become the official life insurance partner of AFLW, the highest level competition for women’s Australian rules football, for three years. 

Almost 10m Australians using Moneysmart

ASIC’s consumer-focused general financial advice website Moneysmart achieved almost 10 million users during the past financial year.

HESTA managing almost 10pc of its portfolio in-house

Industry super fund HESTA is now internally managing almost 10 per cent ($7 billion) of its portfolio in-house, eighteen months after it launched its internalisation strategy. 

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.

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