Industry Updates

ASIC grants registration deadline extension

ASIC will extend the deadline for its new adviser registration requirement, a day after the Financial Advice Association noted almost 6000 have been yet to complete it.

Choice names CEO

Consumer advocacy group Choice has appointed Ashley de Silva as its CEO, the successor to Alan Kirkland who left the role last November. 

Financial Advice NZ appoints former AFA general manager as CEO

Financial Advice New Zealand has appointed former AFA general manager and NZ national Nick Hakes as CEO.

Growth funds return 9.9 pc in CY23: Chant West

The median growth super fund (defined as 61 to 80 per cent in growth assets) has returned 9.9 per cent in calendar year 2023, according to researcher Chant West. 

Almost 6k advisers still need to complete new ASIC registration obligation: FAAA

Nearly 6000 financial advisers are yet to be registered under a separate obligation with ASIC, putting them at risk of no longer being able to provide advice, the Financial Advice Association has warned.

NGS Super selects Grow Inc as administrator

The $14 billion NGS Super has appointed startup Grow Inc as its new administrator, switching from Mercer following a review. 

AIA Australia donates $60k to local sports organisations

AIA Australia has donated a total of $60,000 to three grassroots tennis clubs and three local surf schools in New South Wales and Victoria to support their sports programs.  

Zenith nabs CFS talent as group head of product

Zenith Investment Partners has appointed Matt Warren to the newly created role of group head of product, reporting to managing director Jason Huddy. 

APRA retires two prudential practice guides for insurers

APRA has retired two prudential practice guides for general and life insurers as it looks to consolidate the regulatory framework.  

Former UniSuper CEO Kevin O’Sullivan joins the CSLR board

Former UniSuper CEO Kevin O'Sullivan has joined the Compensation Scheme of Last Resort transitional board as a non-executive director, ahead of the scheme’s scheduled commencement in April. 

Charity development fund appoints JANA as asset consultant

Religious charitable development fund Uniting Financial Services (UFS) has appointed asset consultancy JANA to advise its investments.

Sequoia appoints WA/SA state manager

Sequoia Financial Group has appointed Bernie Fernandes as the state manager of Western and South Australia.

Previous Next