Industry Updates

Ian Knox to replace Bernie Ripoll as Otivo chair

Ian Knox will replace FoFA mastermind Bernie Ripoll as chair of digital advice service Otivo who will stay on as a non-executive director.

PGIM appoints head of institutional relationship group

PGIM has appointed Murray Brewer as head of its institutional relationship group for Australia and New Zealand.

MoneySmart FAR inquiries surpass 40k a month: Wealth Data

The ‘Financial Adviser Register – Check a financial adviser’ search page on the Moneysmart website has surpassed 40,000 views per month, an inquiry by Wealth Data founder Colin Williams has discovered.

MetLife encourages advisers to road test 360Health

MetLife Australia is calling on advisers to access health monitoring tool 360Health to support their own health and better understand the value it provides their clients.

Over 500k taxpayers could be impacted if super balance cap isn’t indexed: FSC

Analysis of ATO data from the Financial Services Council (FSC) shows over 500,000 current taxpayers will be adversely impacted by the Government’s proposed 30 per cent tax rate on earnings above $3 million.

ART announces executive re-structure, two departures

Australian Retirement Trust (ART) has announced changes to its executive structure including a yet to be appointed newly-created role of chief of retirement to focus on ART’s retirement strategy.

TAL recognised as an employer of choice for gender equality

Life insurer TAL has been named an Employer of Choice for Gender Equality by the Workplace Gender Equality Agency for the ninth consecutive year for its ongoing commitment to workplace equality.  The citation is awarded to organisations that meet rigorous standards in workplace gender equality, including demonstrating an active commitment to best practices and leadership. 

Kaplan offering 12 Women in Finance Scholarships in 2023

Ahead of International Women’s Day next week, financial services education provider Kaplan Professional will offer Women in Finance Scholarships in 2023 for the third year running.

Low barrier ethical investing option for Islamic Australians launched

Islamic financial services provider Meezan Wealth Management has launched a low-cost digital investing solution to remove obstacles to ethical investing for the wider Islamic community in Australia.

Amundi appoints head of institutional sales

Asset manager Amundi has appointed Lawrence Wee as head of institutional sales in south Asia, based in Singapore.

Dividends rose to new records in 2022: Janus Henderson

Global dividends grew strongly in 2022, rising 8.4 per cent to a record AUD$2,319,000,055,944, according to the Janus Henderson Global Dividend Index. 

Former RBA deputy governor amongst ART board and investment committee appointments

The Australian Retirement Trust (ART) has appointed several prominent Australian leaders to its board of directors and investment committee, including the former deputy governor of the RBA.

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