Industry Updates

Count appoints CFO

Count has appointed Keith Leung as chief financial officer, replacing Laurent Toussaint, whose departure from the role was announced in July.

Ten forestry companies unite to address climate change

Ten major forestry companies – responsible for overseeing nearly 9 million hectares (22 million acres) of forests across 27 countries – have united as the International Sustainable Forestry Coalition to address climate change, biodiversity loss, and deforestation.

Hybrid advice firm partners with OpenInvest

Hybrid advice business Life Sherpa has partnered with OpenInvest to launch a managed investment portfolio solution for lower balance accounts. 

TAL launches Client Care Series

Life insurer TAL has launched the Risk Academy Client Care Series, designed to provide advisers with tools to support their clients’ mental health and well-being. 

BlackRock to launch US Treasury Bond ETF in Australia

BlackRock Australia is set to introduce the iShares U.S. Treasury Bond (AUD Hedged) ETF (IUSG) later this month, with a fee of 15 basis points.

CFS announces “next generation” managed accounts exclusive to Edge

Colonial First State has announced the “next generation” of managed accounts to its new Edge platform, the CFS Edge Accelerate Series, which will be available later this year.

CALI launches grant program to female risk advisers

The Council of Australian Life Insurers has launched a program called the 'ReCALIbrate: A Chance For Women to Reshape Life Insurance' to help get more women into risk advice.

Cbus reshapes executive team

The $85 billion industry fund Cbus has made several executive appointments across its investment, strategy, transformation, and operations divisions. 

Northern Trust appoints asset servicing head

Global asset servicing firm Northern Trust has appointed Aisling Keane as head of asset servicing for its operations in Hong Kong.

Spark Financial partners with sustainable investment firms

National dealer group Spark Financial has partnered with platform Oko Advisers and client software Voyant to help its financial advisers offer sustainable investment options and enhance their ability to manage practice finances effectively.

Natixis expands AFSL to serve retail clients

Natixis Investment Managers has expanded its AFSL allowing it to promote to retail clients.

ASIC halts K2 affiliated fund

ASIC has issued an interim stop order on Storehouse Residential Trust, a managed fund promoted by K2 Asset Management. 

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