Integro partners with regional WA accounting firm
Integro Private Wealth has partnered with AMD Chartered Accountants to increase access to advice in regional WA.
Industry UpdatesMarch 20, 2024
February sees fourth consecutive growth month for super funds
Super fund performance was up for the fourth consecutive month in February, with the median growth fund (61 to 80 per cent in growth assets) delivering a 1.9 per cent return for the period, according to researcher Chant West.
Industry UpdatesMarch 20, 2024
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.
Industry UpdatesMarch 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.
Industry UpdatesMarch 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).
Industry UpdatesMarch 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.
Industry UpdatesMarch 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.
Industry UpdatesMarch 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).
Industry UpdatesMarch 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.
Industry UpdatesMarch 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.
Industry UpdatesMarch 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.
Industry UpdatesMarch 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.
Industry UpdatesMarch 12, 2024