Men still the vast majority in advice in Australia
/Australian advisers are still predominantly male, with varying (lowish) numbers of female advisers at the different licensees.
Read MoreRisk Product, Company and Regulatory Updates as at 20 November 2018
/ANZ releases new underwriting engine
TAL product updates
Zurich and Oxford join income protection study
ClearView launches LaVista Licensee Solutions
ASIC now able to hire outside the box
FSC issues revised code draft
FASEA still working on details of education standards framework
Risk People as at 20 November 2018
/Vamos joins Freedom Insurance Group, CEO departs
Australian professor co-authors major financial inclusion report
/A new international financial inclusion report has been published, detailing how the 1.7bn people who don’t have access to basic financial services may achieve this in the future.
Read MoreStudy: do enforceable undertakings work?
/An Australian study in the effect of EUs on corporate behaviour has found that EUs do have a deterrent effect.
Read MoreFund People as at 13 November 2018
/AMP Capital appoints two ESG investment team members
Macquarie Group makes senior appointments
Future Fund appoints new board member
Aberdeen loses head of distribution
Fund Product, Company and Regulatory Updates as at 13 November 2018
/CBA divestments
Vision Super lowers admin and investment fees
Mercer and Kogan partner for a new super fund
Nikko closes two Australian equity funds
Financial Circle to pay $9m in fines for loan scheme
Westpac to pay $3.3m for BBSW saga
Equity ETFs lead the way - Global ETF FlowWatch - September 2018 Results
/ETFs globally brought in US$41 billion in net flows during September 2018 as the US stock markets expand.
Read MoreRoyal Commission to focus on causes of poor conduct
/The seventh round of hearings for the Royal Commission into the finance industry will focus on the causes of misconduct, with the previous six hearings focusing on the misconduct itself.
Read MoreASIC climate risk report reveals shortcomings in disclosure
/Australian listed companies are falling short when it comes to climate risk disclosure, with ASIC calling for greater efforts.
Read MoreRisk Product, Company and Regulatory Updates as at 6 November 2018
/Tasplan appoints MetLife as group insurer
AMP risk business closed after sale
New life insurance reporting standards launched
ClearView upgrades LifeSolutions
Asteron Life product update
TAL Accelerated Protection upgrades
MLC offering 10 per cent premium discounts via digital underwriting platform
ASIC inviting consultation on proposed licensee competence requirements
AFA and FPA apply for Code Monitoring job
Risk People as at 6 November 2018
/MetLife appoints new head of group product
Yellow Brick Road welcomes new CEO
NEOS Life announces underwriting and sales team
AMP Wealth Solutions and customer team appointments
Commonwealth Bank senior appointments, demerger
Fund People Updates as at 30 October 2018
/CBA appoints new CFO
AMP Superannuation Trustees board welcome two new directors
Australian Unity appoints research head for advice business
Challenger appoints new CEO
Nikko appoints new director
Perpetual loses distribution head to Neuberger Berman
JP Morgan AM builds on distribution team
Fund Product, Company and Regulatory Updates as at 29 October 2018
/Vision Super launches app
New ETFs launched by Vanguard, VanEck, Betashares
BTFG divests further tobacco stocks
ASIC reviewing CBA’s Dollarmites
Red Summit AFS licence cancelled
Royal Commission not affecting consumer trust in advisers
/MetLife research into the impacts of the Royal Commission have found that consumers’ relationships with their advisers are not being adversely affected; in fact the opposite may be true.
Read MoreGetting financial advice makes us feel better - AFA research
/A whitepaper produced by the AFA has found that consumers feel better, and in many cases are better off financially, after seeing a financial adviser.
Read MoreRisk People as at 23 October 2018
/NEOS appoints underwriting and sales team
AFA board leaders stay put
FPA announces new chair
Aviva CEO to leave in April
Risk Product, Company and Regulatory Updates as at 23 October 2018
/TAL adviser centre launch, minor changes to product structure and pricing
ASIC’s inspectors in big banks
CBA fees for no service EU update
Raiz Invest and Swiss Re partner up to launch group insurance products
Electronic advice register launch
BT updates quote and application software, announces policy fee waiver
Corporations Act sections of FASEA exams to be open book
Banks removing trail commissions and grandfathered payments
FOS complaints on the rise
/FOS releases its annual report on disputes, with an increase in complaints of 11 per cent for the last financial year.
Read MoreASIC examines insurance inside superannuation, finds lacking
/ASIC’s report into insurance inside superannuation shows there is room for improvement.
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