Industry Updates

Iress warns industry to be mindful of company impersonators

Iress has warned the industry of a scam involving malicious actors impersonating staff members of the adviser software provider.

AvSuper and ART investigating merger

AvSuper and Australian Retirement Trust (ART) have agreed to investigate merging by signing a Memorandum of Understanding (MoU).

Former Iress CEO named Mason Stevens chair

Former Iress CEO Andrew Walsh has been appointed to chair the board of directors of wealth platform provider Mason Stevens.

ASIC to expand enforcement focus areas this year

ASIC has warned businesses it will be targeting greenwashing, predatory lending, and misleading insurance pricing promises this year as part of a continuing focus on protecting consumers from financial harm.

Cboe announces planned retirement of CEO

Cboe Australia has announced the planned retirement of CEO Vic Jokovic, effective 31 March 2023, with Emma Quinn appointed successor.

HESTA membership reaches one million

HESTA membership has reached the one million mark.

Half of couples consider financial dishonesty a form of infidelity

The ‘Couples and Money Survey’ by US-based Orion Advisor Solutions revealed that half (50 per cent) of respondents – including 61 per cent of millennials – consider dishonesty about money a form of infidelity.

More orgs added to Iress connectivity network

MLC Life Insurance and Praemium have signed memorandums of understanding (MOU’s) in which they agree to collaborate with Iress on the design and creation of its connectivity network.

Zurich appointed group provider for Brighter Super

Brighter Super has appointed Zurich Financial Services to provide group insurance for its members, commencing from the start of the upcoming financial year.

FPA names winner of Gwen Fletcher Memorial Award

The FPA has named Jessica Dean as the recipient of the Gwen Fletcher Memorial Award for the summer semester of 2022.

Schroders Australia appoints multi-asset fund manager

Schroders Australia has promoted Adam Kibble to the role of multi-asset fund manager.

Mercer’s Bryant to lead parent company’s Pacific operations

Mercer Pacific president David Bryant will take on dual roles and has been named CEO of Marsh McLennan Pacific.

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