Industry Updates

Allianz study reveals three-quarters of retirees open to work

A study by Allianz has unveiled more than 75 per cent of retirees and pre-retirees are open to employment post-retirement. 

Industry welcomes paid parental leave super contribution bill

Major super funds and industry peak bodies have welcomed the introduction of the Paid Parental Leave Amendment (Adding Superannuation for a More Secure Retirement) Bill 2024 into Parliament. 

SMSF Association appoints policy manager

The SMSF Association has appointed Keddie Waller as policy manager to bolster its advocacy and policy work for government reforms impacting the SMSF sector. 

REST changes investment menu

Industry fund REST has reduced the number of options from 15 to 9 on its investment menu. 

Former ART chief Bernard Reilly to lead Perpetual

Former Australian Retirement Trust chief executive Bernard Reilly has been appointed as CEO and managing director of Australian fund manager Perpetual, effective 2 September, the asset manager said in an ASX announcement.  

ASIC takes down over 7000 scam websites in past year

Marking the first anniversary for its strategic focus on scam disruption, ASIC has announced the takedown of more than 7300 phishing and investment scam websites that aim to trick consumers into giving up personal information. 

Aware Real Estate acquires industrial land in Victoria

Aware Real Estate, in partnership with Barings, has acquired a $600 million industrial estate in Melbourne’s North.  

ART appoints chief financial officer

Australian Retirement Trust has selected Phil Fraser as its chief financial officer, following current CFO Anthony Rose’s decision to explore other opportunities.  

Vanguard Super announces Duffield departure from board

Vanguard Super (VSPL) has announced that Jeremy Duffield has departed the VSPL Trustee Board, where he was a director. 

Netwealth profit jumps 24 per cent

Netwealth has posted a $83.4 million net profit after tax for FY24, an increase of 24.1 per cent compared to FY23.

Iress appoints superannuation CEO

Iress has appointed Sam Wall as CEO of its superannuation business. 

Sequoia appoints Mike Ryan as chair

Sequoia Financial Group has appointed Mike Ryan as chair, effective immediately. 

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