ETF assets hit US$4.442 trillion - Global ETF FlowWatch - September 2017 Results
/ETFs globally recorded US$39 billion in net flows during September, hitting US$4.442 trillion globally.
Read MoreFund Product, Company and Regulatory Updates as at 14 November
/- KSI launches landbanking managed fund
- Face ID available for My AMP and Bett3r customers
- Westpac sells asset manager
- Push for affordable housing asset class by Industry Super
- ANZIIF wins award overseas
- Australia and China fintech co-operation
- ASIC obtains freezing orders
- Two companies lose financial services licence
- Citibank refund credit card customers
- Citibank refunds following misleading statements
Fund People as at 14 November 2017
/- COBA names new chief executive
- Silicon Valley consultant hired by ANZ
- Equip Super appoints new head
- NAB begins recruiting after announcing job cuts
- Perennial appoints two heads
- Legg Mason appoints new head
- Telstra Super appoints new executive
- ASIC announces initial Financial Services and Credit Panel members
- Global chief of State Street to retire
Increased need for and satisfaction with advice, but client numbers fall
/The number of Australians seeking financial advice is declining even though the need for advice, and adviser satisfaction, is rising.
Read MoreRisk People as at 8 November 2017
/- New state manager appointed at Synchron
- Interim chief executive named for Centrepoint
- Fortum names new head
- FPA award finalists
Almost halfway - CFA exam-takers almost half women
/The CFA Institute has reported that in 2016, half of its exam-takers were women, taking us a step closer to gender parity in investment management.
Read MoreCosts for retirees in Australian cities increases
/Retirees' cost of living is on the rise and many are struggling to keep up.
Read MoreAfterpay - revolutionising the old-fashioned layby
/Afterpay brings the old-school layby to millennials.
Read MoreRisk Product, Company and Regulatory Updates as at 8 November 2017
/- MLC expands policy discount
- GPS robo-adviser launched
- OneCare offering mental health support
- LIF resource launched by ANZ
- OneVue sells RE business
- AMP rolls out enhanced advice business
- Victorian presence boosted by Elders
- ASIC suspends AFS licence
- Financial advice firm to pay penalty
- ACCC insurance inquiry forms
- Wellness message taken to Canberra
Fund Product, Company and Regulatory Update as at 3 November 2017
/- StatePlus partners for retirement transition
- GROW Super cuts fees
- BTFG life insurance APL widened
- AB reduces retail fees
- Melbourne boutique terminates fund
- Fund launched by Charter Hall, consumer spending backed
- First boutique partners named by Bennelong subsidiaries
- Impact fund launched by Standard Life
- Fintech start-up launches world-first tech
- Acorns tool to invest in the future
- Equity Trustees enters super fund merger
- Australian Trustee hits top 10
- New Insurer named for VicSuper
- Midwinter partners with management platform
- AMP’s departs platform
- Equity research firm expands
- Fund management guidance overhauled by ASIC
- Trans-Tasman fintech collaborative approach confirmed
Fund People as at 3 November 2017
/- Macquarie appoints new director
- Portfolio manager appointed to Spaceship
- Financial officer appointed to LUCRF Super
- MD appointed by Franklin Templeton
- New ASIC chair named
- Inaugural chief executive appointed by ACSA
- Fiducian executive chair transition
- VanEck expands development team
- UniSuper hires for equities team
- Finalist announced for SelectingSuper Awards
- Contango chief departs
Genetic testing could increase the cost of claims
/Personal genetic testing has the power to change the way people choose their life insurance.
Read MoreChange of perspective needed for mental health claims
/The Actuaries Institute has published a green paper discussing how the insurance industry treats mental health claims and how it can improve.
Read MoreResearch: advice can improve retirement lifestyle outcomes
/Research demonstrates that financial advice can considerably increase the amount of money Australians are able to save for retirement.
Read MoreRisk Product, Company and Regulatory Updates as at 21 October 2017
/- CommInsure starts new annuity strategy
- MLC Life adjusts health and wellbeing program
- ANZ Wealth continuing to invest in insurance
- New claims advocacy service launched by AFRM
- Charitable option launched by AIA Vitality
- BTFG reorganises advice business
- Westpac faces Class Action over premiums
- ASIC enforceable undertaking from Sentinel
Risk People as at 21 October 2017
/- ANZ appoints new heads
- Strategic Insight announces life insurance award winners
- AFA announces adviser and rising star award winners
- Insurer overall satisfaction award winner named
Study: women underrepresented in funds management industry
/Recent research looks at the numbers of women in the funds management industry in Australia as a snapshot.
Read MoreASFA rejects Costello's government-run super proposal
/ASFA rejects Peter Costello's notion to move to a government-run superannuation model.
Read MoreReport suggests passing business on to family a mistake
/The rate of people selling their business instead of passing them on to their children is on the rise, and with good reason.
Read MoreFund Product, Company and Regulatory Updates as at 17 October
/- SMA options from Praemium grow
- EQT partners with PControl Oversight
- Wheelhouse enters retail market
- CBA changes staff incentives
- Intrust Super reduces premiums
