Market Intelligence news, events, people, product updates and global research.
The Royal Commission into the finance sector has come to a close, with Commissioner Haynes and his team having two months to prepare the final report for February 2019.
BT policy waiver extended for Protection Plans
TAL partners with NIB for health insurance
FASEA recognition of prior learning update
CBA possible privacy breach investigation
Financial Circle AFS licence cancelled
AMP replaces CEO
Zurich mixes up leadership team
MetLife expands retail team
AFA Consumer Choice Awards
FPA Adviser and Practice of the Year Awards
New Markets Disciplinary Panel members
New FASEA guidelines have changed from their original incarnation, after significant consultation with industry.
Recent research into superannuation fees show that we are paying more in super fees than we used to.
USA and Europe had positive flows, with approximately US$15 billion and US$2 billion in net deposits, respectively, with Asia seeing the largest redemptions of any region, with US$30 billion in net outflows.
ASFA appoints board members
Hostplus promotes head of investment strategy
Tasplan Super appoints new director
VicSuper appoints its first chief risk officer, executive manager of people experience
Blue Sky welcomes new chair
BlackRock appoints new Asia Pacific head
Paul Costello passes away
BetaShares launches first active fixed income ETF in Australia
UBS launches emerging markets equity fund
Vision Super divesting from thermal coal, tar sands, tobacco
Women’s Economic Security Statement 2018 released by government
ASIC extends relief for non-cash payment facilities
Exceptions made in Protecting Your Super reforms
UBS Securities pays $120,000 MDP infringement notice
Dampier Finance convicted and fined for failing to lodge financial statements
State One Stockbroking breaches cost company $500,000
ASIC now free to hire gun staff as needed
The largest of its kind in Australia, MetLife’s most recent client study has found that clients want personalised, tailored advice, and more regular contact.
Australian advisers are still predominantly male, with varying (lowish) numbers of female advisers at the different licensees.