Industry Updates

FNZ partners with Virgin Money on UK digital investment platform

Wealth management platform developer FNZ has partnered with UK full-service digital bank Virgin Money to launch a digital investment platform for retail investors in the UK.

Industry UpdatesApril 14, 2023

Permanent injunctions ordered against ‘ASX Wolf’ Tyson Scholz

The federal court has made permanent injunctions against finfluencer Tyson Scholz, who self-identified as the “ASX Wolf”, prohibiting him from conducting a financial services business in Australia.

Industry UpdatesApril 13, 2023

AFCA re-appoints CEO Locke, hits $1b in compensation

As the complaints authority hits the $1 billion threshold for consumer compensation, Tthe AFCA board of directors has re-appointed David Locke as chief ombudsman and CEO for a second five-year term.

Industry UpdatesApril 13, 2023

Financial product registrations drive growth in March quarter: APIR

After a slow start to the calendar year, registrations of financial products during March saw the first quarter of 2023 finish 9 per cent higher than the five-year rolling average for the same period, at 199 product registrations, according to APIR.

Industry UpdatesApril 13, 2023

Overwhelming support for compulsory super: ASFA survey

Super fund members have shown “overwhelming” support for Australia’s compulsory super system, according to findings from a survey conducted by the Association of Superannuation Funds of Australia.

Industry UpdatesApril 12, 2023

FPSB appoints chair

The Financial Planning Standards Board (FPSB) has appointed Ana Cláudia Akie Utumi as chair for a two-year term.

Industry UpdatesApril 12, 2023

Policy reform could offer 10 pc boost to retirement outcomes: FSC

Research by the Financial Services Council (FSC) shows has found policy reform focused on improving how Australians spend their superannuation savings would boost retirement incomes by 10 per cent each year, or by $397 billion by 2050.

Industry UpdatesApril 11, 2023

MLC appoints experienced industry veteran as head of business development

MLC Life Insurance has appointed experienced industry veteran Peter Smith as head of business development.

Industry UpdatesApril 11, 2023

Binance Australia Derivatives AFSL cancelled

ASIC has cancelled the AFSL of Oztures Trading in response to a request from Binance Australia Derivatives on Wednesday, 5 April 2023.

Industry UpdatesApril 11, 2023

Vanguard cuts fee of VAF to 0.10pc

Vanguard has reduced the fee of the Vanguard Australian Fixed Interest Index ETF (VAF) to 0.10 per cent, effective today.

Industry UpdatesApril 6, 2023

Mercer appoints two BT Super executives to Pacific leadership team

Mercer has appointed former BT Super executives Andrew Wallace and Corrin Collocott to its Pacific leadership team, following the completed merger of BT Super into the Mercer Super Trust.

Industry UpdatesApril 6, 2023

Hostplus reduces fees on member choice investment option

Hostplus reduced its fees for Choiceplus, lowering platform administration, brokerage and transaction account fees.

Industry UpdatesApril 5, 2023

FNZ partners with Virgin Money on UK digital investment platform

Permanent injunctions ordered against ‘ASX Wolf’ Tyson Scholz

AFCA re-appoints CEO Locke, hits $1b in compensation

Financial product registrations drive growth in March quarter: APIR

Overwhelming support for compulsory super: ASFA survey

FPSB appoints chair

Policy reform could offer 10 pc boost to retirement outcomes: FSC

MLC appoints experienced industry veteran as head of business development

Binance Australia Derivatives AFSL cancelled

Vanguard cuts fee of VAF to 0.10pc

Mercer appoints two BT Super executives to Pacific leadership team

Hostplus reduces fees on member choice investment option

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