Industry Updates

Rest to establish in-house global equities management capability with new hire

Industry super fund Rest has appointed Richard Mercado as its head of internal global equities, tasked with building an internal global equities management capability.

Industry UpdatesNovember 9, 2023

Accumulation, pension returns fall in October: SuperRatings

Research house SuperRatings estimated that October will see super funds post negative investment performance, continuing a downward trend for the third consecutive month.

Industry UpdatesNovember 9, 2023

Consumers confused over ESG and sustainability: CFS research

Research from Colonial First State has found that Australian consumers are confused by sustainability claims and cannot differentiate between ESG investment options.

Industry UpdatesNovember 9, 2023

FAAA appoints university and student programs head

The Financial Advice Association has appointed Louise Trevaskis as head of university and student programs as part of its strategy to bring more graduates into the financial planning profession.

Industry UpdatesNovember 9, 2023

Complii and Praemium enter strategic partnership

Capital markets platform Complii Fintech Solutions has partnered with investment platform Praemium to actively engage in cross referrals, encouraging clients to explore the comprehensive services offered by both businesses.

Industry UpdatesNovember 9, 2023

Risk inflows increase in FY23 but sales decline: PFL data

Year-on-year risk inflows rose 2.1 per cent in FY23 compared to the previous financial year, but risk sales finished down according to data from Plan for Life.

Industry UpdatesNovember 8, 2023

ASIC updates investor alert list

ASIC has released the new “investor alert list” so that consumers can check if an entity they are considering investing in is unlicensed, fraudulent, or a scam.

Industry UpdatesNovember 8, 2023

Australians anxious about money for retirement: MLC research

While most Australians are taking steps to strengthen their financial situation, many need additional support to achieve their financial goals and get ready for retirement, according to research from MLC.

Industry UpdatesNovember 8, 2023

Invesco appoints multi-asset strategy leader

Fund manager Invesco Australia has appointed Scott Bennett as its director of factor investing and multi-asset strategies, based in Melbourne.

Industry UpdatesNovember 8, 2023

ART appoints head of investment resilience and planning

Australian Retirement Trust has appointed Jody Fitzgerald as head of investment resilience and planning, in a newly created role.

Industry UpdatesNovember 7, 2023

Change to ‘qualified tax relevant provider’ definition

Advisers who are a relevant provider and a registered tax agent now satisfy the definition of a ‘qualified tax relevant provider’ without having to meet the requirements of Division 3 of Part 3 of the Relevant Providers Determination, according to an update from ASIC.

Industry UpdatesNovember 7, 2023

Quinbrook launches carbon footprint reporting platform

Asset manager Quinbrook Infrastructure Partners has launched a digital platform, Quintrace, to help customers trace, audit and report their hourly carbon footprint.

Industry UpdatesNovember 6, 2023

Rest to establish in-house global equities management capability with new hire

Accumulation, pension returns fall in October: SuperRatings

Consumers confused over ESG and sustainability: CFS research

FAAA appoints university and student programs head

Complii and Praemium enter strategic partnership

Risk inflows increase in FY23 but sales decline: PFL data

ASIC updates investor alert list

Australians anxious about money for retirement: MLC research

Invesco appoints multi-asset strategy leader

ART appoints head of investment resilience and planning

Change to ‘qualified tax relevant provider’ definition

Quinbrook launches carbon footprint reporting platform

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