Industry Updates

Balanced funds return 9.6 pc in CY23: SuperRatings data

The median balanced super fund option has returned 9.6 per cent in the 2023 calendar year, boosted by a share rally in the final quarter, according to SuperRatings’ latest data.

Industry UpdatesJanuary 19, 2024

MSC acquires Certane Corporate Trust

Corporate trustee and fund administration platform MSC Group has acquired Certane Corporate Trust, formerly trading as AET Corporate Trust and part of Australian Executor Trustees.

Industry UpdatesJanuary 19, 2024

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.

Industry UpdatesJanuary 18, 2024

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.

Industry UpdatesJanuary 18, 2024

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.

Industry UpdatesJanuary 18, 2024

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.

Industry UpdatesJanuary 18, 2024

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.

Industry UpdatesJanuary 17, 2024

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.

Industry UpdatesJanuary 17, 2024

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.

Industry UpdatesJanuary 17, 2024

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.

Industry UpdatesJanuary 17, 2024

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.

Industry UpdatesJanuary 16, 2024

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.

Industry UpdatesJanuary 16, 2024

Balanced funds return 9.6 pc in CY23: SuperRatings data

MSC acquires Certane Corporate Trust

ASIC grants registration deadline extension

Choice names CEO

Financial Advice NZ appoints former AFA general manager as CEO

Growth funds return 9.9 pc in CY23: Chant West

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

NGS Super selects Grow Inc as administrator

AIA Australia donates $60k to local sports organisations

Zenith nabs CFS talent as group head of product

APRA retires two prudential practice guides for insurers

Former UniSuper CEO Kevin O’Sullivan joins the CSLR board

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