Fund Regulatory Update

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  • AFSL Group has AFSL cancelled

  • Quantum Funds Management AFSL suspended

  • ASIC takes civil action against American Express over DDO obligations with David Jones credit cards

  • Vanguard receives infringement notices from ASIC over greenwashing

  • Australian Fiduciaries has interim stop orders put on three funds

  • APS Savings interim stop order in place

  • YFYS faith-based super funds performance test leniency removed

  • Crescent Wealth breaches regulatory standards with misrepresented indirect costs

  • Interim stop orders on two Perpetual funds

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Fund Company Update

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  • Raiz Invest Super to become part of AMG Super

  • HESTA and Mercy Super, UniSuper and Australian Catholic Super, Australian Ethical and Christian Super mergers finalised

  • Alcoa looking for a merger partner

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Fund Company Update

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  • High polluters added to HESTA watchlist

  • Australia has 15 top-ranked pension funds

  • Aware Super launches real estate platform

  • Pendal bought by Perpetual

  • MetLife IM to buy AIM

  • Equity Trustees to acquire AET

  • Mercy Super and HESTA merger talks

  • CareSuper looking to merge

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Fund People Update

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  • Vanguard appoints chief information officer

  • BTC Markets welcomes COO

  • Magellan head taking a break

  • Raiz Invest appoints director

  • JP Morgan head of Australia funds departs

  • CFS appoints digital head

  • AustralianSuper welcomes retirement solutions lead

  • CareSuper appoints ESG expert

  • FinTech Australia welcomes CEO

  • Equity Trustees appoints responsible investment GM

  • REST welcomes investment head

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Fund People Update

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  • ClearView welcomes head of insurance

  • Mercer welcomes chief strategy officer, board member, CFO

  • AMP CEO switch

  • HESTA appoints director

  • Equity Trustees welcomes former minister

  • ISA farewells chief economist

  • Aware Super redundancies

  • Pengana departures

  • K2 Asset Management loses co-founder, gains board member

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Fund People Update

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  • Funds SA welcomes asset allocation director

  • JANA appoints head of tech and operations

  • Australian Ethical appoints head of asset allocation

  • Frontier Advisors appoints head of alternatives and derivatives

  • Pendal farewells group CEO after more than a decade

  • Leadership changes at QSuper and Sunsuper due to merger

  • Equity Trustees loses head of corporate trustee business

  • Mine Super CEO stepping down

  • Lonsec CEO departing

  • Energy Super CEO leaving ahead of merger

  • Class CFO moving on

  • HUB24 director and co-founder departs

  • PFL/AFA Company of the Year Awards 2020 - winners and finalists

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Fund People Update

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  • Franklin Templeton shuffles senior distribution lineup

  • FSC welcomes new chair

  • VFMC appoints head of portfolio management

  • Platypus appoints ESG head

  • PriceWaterhouseCooper welcomes wealth services MD

  • Hostplus farewells real estate investment specialist

  • Equity Trustees chair retires

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Fund People Update

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  • ASIC appoints new heads

  • Australian Unity appoints CIO, loses GM of investments

  • CommSec welcomes new GM

  • UBS appoints sector head for equities and retail, food

  • MTAA Super and Tasplan tidy up executive line-up as merger looms

  • Citi welcomes new banking and wealth head, 14 new relationship managers

  • Equity Trustees executive reshuffle

  • HUB24 welcomes CFO

  • Future Fund welcomes equities head

  • Funds SA appoints portfolio manager for debt and liquid alternatives

  • Prime Super appoints new director

  • AMP loses more staff

  • State Street welcomes two new appointments

  • World Economic Forum appoints new members to board of trustees

  • Westpac bringing 1,000 jobs home

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Fund People Update

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  • HESTA welcomes first head of portfolio design

  • JBWere to add 50 new bankers and financial advisers

  • First State Super poaches Hostplus executive manager

  • Australian Unity executive shuffle

  • Equity Trustees appoints independent director

  • Rest appoints CIO

  • Ian Perkins passes away

  • SMSF Association loses head of technical

  • IFM Investors loses equities co-head

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Fund People as at 28 May 2019

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Fund People as at 28 May 2019

  • TelstraSuper appoints new chair

  • Catholic Super welcomes new chair

  • SuperConcepts restructures executive team

  • JANA switches up the board

  • Equity Trustees appoints head of fund services

  • Citi appoints head of Australia

  • Mercer appoints administration business head

  • CBA board member leaving

  • UBS co-head of equities Aus and NZ steps down

  • Club Plus Super loses chair to Parliament

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Fund People as at 12 March 2019

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  • Saxo Capital Markets welcomes new CEO

  • Midwinter appoints new CEO

  • LUCRF Super board changes

  • AMP Capital Multi-Asset Group CIO appointment

  • Blue Sky appoints new CEO

  • APRA appoints GM of superannuation

  • GESB Superannuation appoints new GM of investments

  • Equity Trustees appoints new deputy chair

  • CBA Group Super CEO retiring

  • Tasplan CIO resigns

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Risk Product, Company and Regulatory Updates as at 8 November 2017

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  • 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
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Fund Product, Company and Regulatory Update as at 3 November 2017

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  • 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
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