Industry Updates

Betashares bolsters adviser services team

Fund manager Betashares has appointed John Bezich as state manager for Western Australia.

Life insurance critical to objective of super: MLC Life

MLC Life Insurance has made the case for group insurance in a submission to the federal government’s consultation paper on legislating the objective of superannuation.

Climate Council appoints philanthropist and RBA board member as chair

Prominent business and community leader Carol Schwartz has been appointed as the chair of the Climate Council.

Plutosoft launches bulk RoA functionality

Plutosoft has launched ‘Bulk Activities,’ a functionality that allows advisers to bulk produce client reports.

Global X appoints portfolio manager

Global X ETFs has appointed former BetaShares assistant portfolio manager Jessica Leung as a portfolio manager.

Stropro sees strong inflows, citing access to alternatives

Investment platform Stropro has reported inflows of $100 million in the last three years citing “rapid growth” in alternatives from high-net-worth investors (HNWIs).

Future Fund appoints ex Carlyle MD to head up PE team

The Future Fund has appointed David Bluff from US private equity giant Carlyle Group to head up its private equity team, reporting to deputy chief investment officer Alicia Gregory.

DASH hires 10 staff following capital raise

Financial advice platform DASH Technology Group has hired 10 staff across several teams after the fintech company completed a capital raise in March.

SG Hiscock & Company commences abrdn wholesale distribution partnership

Effective officially from today, SG Hiscock & Company has become the wholesale distribution partner of abrdn in the Australian market.

Ecstra appoints former ACCC deputy chair to its board

The not-for-profit Ecstra Foundation, which works to build up people’s financial capability and wellbeing, has appointed Delia Rickard to its board.

SMSF Association appoints membership development head

The SMSF Association has appointed Neil Sparks as head of membership and corporate development.

Brighter Super & SPSL to complete $29b merger

Brighter Super will merge with SPSL Master Trust (SPSL) on 31 May 2023 to create a $29 billion super fund with over a quarter of a million members, the first between a not-for-profit and retail super fund.

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