Cassin rejoins bfinance as global head of investments and research
Independent investment consultancy bfinance has appointed Olivier Cassin as its global head of investments and research.
Industry UpdatesMarch 14, 2023
CALI adds veteran policy directors to executive team
The Council of Australian Life Insurers has appointed Ben Marshan as director of policy and industry affairs and Michael Johnston as director of policy and advocacy.
Industry UpdatesMarch 13, 2023
Australian Ethical divests from Lendlease over koala development
Australian Ethical has sold its shares in Lendlease Group over its planned development at Mt Gilead in south-western Sydney, which could threaten the survival of one of the last remaining healthy koala colonies in NSW.
Industry UpdatesMarch 13, 2023
Around $4.5b in remediation due from big 6 instos
Six of Australia’s largest banking and financial services institutions have paid or offered $4.7 billion in compensation to customers who suffered loss or detriment because of fees for no service misconduct or non-compliant advice, according to an update from ASIC.
Industry UpdatesMarch 10, 2023
ASIC places interim stop orders on derivatives product
ASIC has made two interim stop orders preventing Interactive Brokers from issuing Stock Yield Enhancement Program (SYEP) Derivatives to retail investors because of deficiencies in the product’s Target Market Determination and Product Disclosure Statement.
Industry UpdatesMarch 9, 2023
First Super appoints IFM Investors to manage strategy
Industry super fund First Super has appointed investment services provider IFM Investors to manage a new indexed international equities strategy.
Industry UpdatesMarch 9, 2023
SuperFriend appoints former Equipsuper CEO as chair
Industry mental wellbeing non-profit SuperFriend has appointed former Equipsuper CEO Nicholas Vamvakas as chair of its board of directors.
Industry UpdatesMarch 9, 2023
Private markets firm opens office in Australia
Private markets investment management firm Adams Street Partners , LLC has opened an office in Sydney.
Industry UpdatesMarch 9, 2023
Midwinter partners with CQUniversity to roll out advice tech
Midwinter Financial Services has partnered with CQUniversity Australia to provide financial planning software to students undertaking relevant studies.
Industry UpdatesMarch 8, 2023
intelliflo begins operating in Australia
Cloud-based advice technology platform intelliflo has officially commenced operations in Australia.
Industry UpdatesMarch 8, 2023
FPA policy head Ben Marshan steps down
Financial Planning Association head of policy Ben Marshan has announced he is stepping down from the role after seven and a half years as a staff member at the association.
Industry UpdatesMarch 8, 2023
Airlie founder to retire
Founder of Airlie Funds Management John Sevior has announced his intention to retire.
Industry UpdatesMarch 7, 2023