Fund Product Update

  • Janus Henderson launches sustainable credit active ETF in Australia

  • Morningstar launches six new managed accounts

  • Northleaf launches senior private credit fund

  • Saxo launches suite of managed portfolios

  • BT winds up Retirement Wrap

  • Openmarkets launches custody capability

  • Lonsec integrates managed account solutions

Read More

Fund Regulatory Update

  • ASIC consultation open on expiring class orders on changing responsible entities and equal treatment

  • Stop orders on three BT funds

  • Lendfin, Global Pacific Solutions and Gigi Investment Group licences suspended

  • Treasurer hangs on to ASIC misconduct report citing ‘undue prejudice’

  • Capital Capital licence cancelled

  • Treasury reviewing MIS regulatory framework

Read More

Fund People Update

  • REI Super appoints board member

  • Cbus appoints head of investment options

  • CareSuper welcomes new chair

  • Lazard CEO retires after 20 years

  • CFS CFO departs

  • UBS appoints ESG specialist

  • Macquarie appoints global head of real estate

  • AMP Capital welcomes manager of real estate equity

  • BT welcomes head of product management

  • FSC appoints new CEO

Read More

Risk Company Updates

  • Venture Financial Advisers joins Count Financial

  • BT retires grandfathered life commissions

  • CBA opens Amsterdam office

  • Insight Investment Partners launches tech dealer group

  • Focus Financial Planners buys up Australian financial advice firms

Read More

Fund Product Updates

  • Russell launch personalised super product

  • MSCI launch indices for Australian market

  • The Big Issue launches impact-investment platform

  • Australian Unity launches new healthcare fund

  • Vanguard launches Australian shares ESG-focused ETF

  • ClearView finalised the successor fund transfer for risk-only superannuation products to HUB24

  • BT closes two funds

Read More

Fund People Updates

  • MLC AM welcomes head of institutional distribution

  • Cbus welcomes new investments COO, loses tech head

  • Vanguard appoints risk management executive

  • Vision Super promotes CIO to deputy CEO

  • Goldman Sachs welcomes local chair

  • Susan Ryan passes away

  • BT head of platforms resigns after 15 years

  • ASX loses board member

  • Media Super replaces chair

  • AXA Investment Management loses country head

Read More

Fund Product, Company and Regulatory Updates as at 18 February 2020

Fund Product, Company and Regulatory Updates as at 18 February 2020
  • T. Rowe Price closes local Asia fund

  • MyNorth launches managed portfolios

  • BT winding up Pendal-managed fund after 52 years

  • Vanguard enters private equity market with strategic partnership

  • Zenith moving into superannuation

  • ASIC’s new powers in legislation

Read More

Risk Product, Company and Regulatory Updates as at 16 April 2019

  • BT Protection Plan changes

  • Freedom Insurance selling admin and advisory business, goal to close its doors

  • Integrity Life announces product enhancements

  • Asteron Life extends wholesale commission discount offer

  • BT’s Cancer Assistance Program results

  • Bridges to buy Bendigo and Adelaide Bank advice business

  • SMSF Advisers Network with additional licence conditions imposed

  • AMP FP new AFSL conditions imposed

  • Update on CBA’s AFSL conditions

  • Victims of financial misconduct to have greater supports

  • ASIC can now intervene on problematic financial products

  • FPA calls for ‘general advice’ term to be dumped

Read More

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

Read More

Risk Product, Company and Regulatory Updates as at 18 September 2018

  • AMP updates medical definitions

  • AIA Australia two year policy fee waiver offer

  • OnePath premium waivers for drought-affected farmers

  • New fintech to replace paraplanners launched

  • Junior financial adviser roles at BT to go, advice restructure

  • Morgan Stanley false claims of independence

  • ASIC commences proceedings against NULIS and MLC

  • AFCA complaints resolution rules, independent assessor terms approved

  • FASEA shutting down so-called FASEA-approved courses

Read More