Fund People as at 24 April 2018
/CareSuper appoints new chair and deputy chair
New chair appointed by Suncorp
AMP announces changes to board
AFA responds to PJC report
/The AFA expresses confusion and disappointment in PJC Inquiry into Life Insurance Report.
Read MoreAdvice not yet a profession, says ASIC
/ASIC says that the financial advice sector is not yet a profession, but is on its way.
Read MoreRisk Product, Company and Regulatory Updates as at 18 April 2018
/TAL offers life coaching for those with mental illness
CommInsure enhances digital underwriting
Adviser education course launched by Asteron
AIA pushes for insurers to fund mental health treatment
MLC launched new underwriting engine
Predictive underwriting offered to tradies by ANZ
Commonwealth partners with Bravura
CBA enters into undertaking
Trustee Partners acquires advice group
AMP admits serious misconducts
AMP admits serious misconduct, misleading ASIC
CBA and subsidiaries enter into EU with ASIC
Risk People as at 18 April 2018
/- Head appointed by MetLife
- Sentry Advice award winners
Australian investors more trusting of human advisers
/A CFA survey looked at whether retail investors trust human advice over electronic advice.
Read MoreHow much money do Australians need to feel financially free?
/A NAB insight report shows how much Australians believe they need to improve their lives.
Read MoreEveryone winning in February - Global FlowWatch - February 2018 Results
/Every region except the USA saw positive flows during the month.
Read MoreFund Product, Company and regulatory Updates as at 18 April 2018
/- FirstWrap adds CFSGAM model portfolio
- Equities strategy launched by active manager
- Global ESG bond fund launched by Dimensional
- Sunsuper slashes premiums, signs super code
- ESG global equities fund unveiled by Natixis
- Two active ETFs launched by Vanguard
- Crypto-heavy fund launched by DigitalX
- Digital advice compliance business acquired by IRESS
- Pathway sold by Netwealth
- Digital community to be created by OneVue via acquisition
- Australian asset manager to rebrand
- Nationwide Super cuts fees, joins Russell alliance
- CFSGAM strategic review outcome
- ASIC more than doubles fees
- AUSTRAC regulates cryptocurrency service providers
- British and Australian fintech cooperation strengthens
- Octani’s AFS licence cancelled
Fund People as at 18 April 2018
/Risk expert appointed by Willis Towers Watson
General manager appointed by Westpac
Mercer responsible investment team expanded
Board director appointed by Vision Super
Lonsec group chief executive named
ASIC names co-deputy chair
Chief executive appointed by LGIAsuper
AIST board director and president swap seats
Award night recognises insurance technology companies
FASEA chief executive steps down
BTFG general manager resigns
Industry Super Australia chief executive steps down
Inquiry calls for ban on life insurance genetic testing results being used in underwriting
/A temporary ban has been placed upon predictive genetic testing when underwriting life insurance policies.
Read MoreRisk People as at 4 April 2018
/- MetLife appoints new head
- ING appoints new head
- AMP makes changes to Wealth Solutions and Customer leadership teams
- AMP CEO announces departure
Risk Product, Company and Regulatory Updates as at 4 April 2018
/- CommInsure to rollout new underwriting engine and IP premium increase
- Fee waiver campaign extended by AIA
- Life Super Quotes Service launched by Riskinfo, RiskinfoNZ launched
New practice management platform flagged by AMP - New super fund addresses Australian account erosion
- Adviser builds new practice
- SMSF admin business sold by OneVue
- CBA to potentially sell Indonesian life business
- Lifecycle default option launched by Industry fund
- TAL to refund funeral insurance customers
PJC doubts self-regulation of the life insurance industry
/The Parliamentary Joint Committee is questioning the risk industry's ability to self-regulate.
Read MoreFebruary 2018 Report Key Trends for US Funds
/Active long-term funds experienced a significant decline from January.
Read MoreFund Product, Company and Regulatory Updates as at 27 March 2018
/CommInsure launches super funds digital claims
Evolutionary science inspires new managed investment fund
Zurich retains OnePath brand and hires specialist
New boutique launched by LSL
Former Hunter Hall portfolio manager launches new business
Asset managers urged to adopt code of conduct
Fidante partners with Latigo Partners
ASIC extends superannuation and retirement calculator transition period
ASIC suspends Red Summit AFS licence
Storm Financial directors penalised
Fund People as at 27 March 2018
/- AustralianSuper appoints new head of investments
- Mercer appoints superannuation head
- FSC appoints deputy chair and director
- NGS appoints investment officer
- Fidelity appoints new head
- IOOF appoints research head
- Perennial appoints investment specialist
- Trustee of the Year winner announced
- 2018 Green Bond Pioneer Award winners announced
- 2018 Rockstar of the Year award winners announced
- CBA makes changes to executive team
All regions experienced growth - Global FlowWatch - January 2017 Results
/Every region saw positive flows during the month, with the U.S. leading gains (US$116 billion).
Read MoreAsia still leading in net flows - New Funds in Global Markets - 4Q 2017 - Asia, Local Europe, and Cross-Border
/US$79.2 billion was deposited into newly launched long-term funds across Asia, Europe and cross-border markets, with Asia still leading in net flows.
Read MoreQantas Super survey shows pre-retirees lack confidence about retirement
/A Qantas Super survey shows how confident Australians are in their ability to retire comfortably.
Read More