Industry Updates

‘We see Australia being the lucky country again in 2023’: VanEck

According to the latest VanEck Australian Investor Survey, Australian equities are the preferred investment destinations in 2023, with 70 per cent of investors planning to start or increase their allocation.

Industry UpdatesJanuary 13, 2023

Pendal shares to be suspended following legal approval of acquisition

Pendal shares will be suspended from the ASX after the NSW Supreme Court approved the fund managers acquisition by Perpetual.

Industry UpdatesJanuary 12, 2023

Bennelong appoints new global CEO

Bennelong Funds Management has appointed John Burke as its new global CEO.

Industry UpdatesJanuary 12, 2023

ETFs see positive flows in 2022 while managed funds struggle

The Australian ETF industry received $13.5 billion of net inflows, outdoing the Australian managed funds industry, according to data from ETF provider BetaShares.

Industry UpdatesJanuary 11, 2023

TAL launches 2022 SpotChecker program, reiterating value of preventative skin safety

Life insurer TAL has launched the seventh annual iteration of its SpotChecker program to promote the importance of skin safety, preventative health screening, and early detection for overall health and well-being.

Industry UpdatesJanuary 11, 2023

AAT upholds cancellation of Olive’s AFSL

Olive Financial Markets’ AFSL cancellation for misleading conduct involving prohibited hawking by cold-calling clients to rollover super funds into managed discretionary accounts has been upheld by the Administrative Appeals Tribunal, according to ASIC.

Industry UpdatesJanuary 11, 2023

Justice Derrington to depart ALRC

Justice Sarah Derrington is leaving the Australian Law Reform Commission (ALRC) as its president and will be replaced by Justice Mark Moshinsky in the interim until a permanent replacement is confirmed.

Industry UpdatesJanuary 11, 2023

Morningstar announces new Medalist Rating TM system

Morningstar Australasia plans to change the current analyst rating regime to the Morningstar Medalist Rating in the second quarter of 2023.

Industry UpdatesJanuary 10, 2023

BlackRock appoints James Raby as APAC head of wealth

BlackRock has appointed James Raby as APAC head of wealth.

Industry UpdatesJanuary 10, 2023

ASIC places interim stop order on Vasco fund

ASIC has placed an interim stop order on Vasco Responsible Entity Services, stopping it from offering or distributing the Pivotal Diversified Fund to retail investors.

Industry UpdatesJanuary 9, 2023

New downsizer contribution rules commence

The eligibility age for people to make downsizer contributions to their superannuation has officially expanded to include those aged 55.

Industry UpdatesJanuary 3, 2023

Diversa Trustees fined for Cruelty Free Super greenwashing

Diversa Trustees has paid a $13,320 fine for alleged greenwashing after ASIC issued an infringement notice.

Industry UpdatesDecember 23, 2022

‘We see Australia being the lucky country again in 2023’: VanEck

Pendal shares to be suspended following legal approval of acquisition

Bennelong appoints new global CEO

ETFs see positive flows in 2022 while managed funds struggle

TAL launches 2022 SpotChecker program, reiterating value of preventative skin safety

AAT upholds cancellation of Olive’s AFSL

Justice Derrington to depart ALRC

Morningstar announces new Medalist Rating TM system

BlackRock appoints James Raby as APAC head of wealth

ASIC places interim stop order on Vasco fund

New downsizer contribution rules commence

Diversa Trustees fined for Cruelty Free Super greenwashing

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