Industry Updates

Household Capital acquires Pension Boost

Retirement funding provider Household Capital has acquired home equity access start-up, Pension Boost. 

Janus Henderson appoints chief responsibility officer

Janus Henderson has appointed Michelle Dunstan as chief responsibility officer, commencing 9 January 2023.

CFS adds 17 funds to FirstChoice

CFS has added 17 new funds onto the platform which now offers the most strategies across its 20-year history.

Rest appoints former Deputy Premier as chair

Former Victorian Deputy Premier James Merlino has been appointed to the board of retail industry super fund Rest as independent chair and director.

Hostplus and Maritime Super sign SFT deed, formalising merger

Hospitality industry fund Hostplus and maritime industry fund Maritime Super have today signed a successor fund transfer (SFT) deed to formalise the progression of a merger between the two funds.

BlackRock reduces fees on dividend fund

BlackRock Australia has made product updates to the iShares S&P/ASX Dividend Opportunities ETF (IHD) as part of its routine review of the iShares product suite.

Knight Group launches Knight Direct via OpenInvest

Accounting and wealth management firm Knight Group has launched an online investing solution in partnership with OpenInvest.

Diverger acquires licensee support business

Diverger has completed a 100 per cent acquisition of licensee support business AFSL Compliance.

Adviser exam sittings for 2023 announced

ASIC has announced the dates for the 2023 adviser exam sittings which will feature four sittings held remotely.

ASIC raises concerns over marketing of five managed funds

Surveillance by ASIC has found the marketing of five managed funds by four responsible entities is insufficient.

APRA releases results of Climate Vulnerability Assessment

APRA has published the aggregated findings of its first Climate Vulnerability Assessment (CVA) of Australia’s five largest banks.

AMP CFO to depart

AMP chief financial officer James Georgeson will depart the company with Peter Fredricson to commence in the role from 9 January 2023.

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