Fund Regulatory Update

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  • Mutual Care AFS licence suspended

  • Assurance Cover Australia AFS licence cancelled

  • Ascent Investment to liquidate under court order

  • APRA heatmap reveals 45 per cent underperformance rate

  • APRA revealed options that significantly underperformed, managed by:

  • Future Super penalty for greenwashing

  • Government announcement on paying super with wages

  • APRA and AFCA sign MoU

  • APRA consultation on combining product histories

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Australian and New Zealand ESG Update

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  • BlackRock reiterates its committment to ESG

  • Hostplus called out by Market Forces

  • LGIAsuper pulls AMP Capital’s ethical fund from socially responsible option

  • Future Super using deidentified recruitment practices to improve diversity

  • Rest investigates new ethical option after missteps

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Fund People Updates

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  • Aberdeen appoints new Asia-Pacific CEO

  • State Super appoints CIO

  • Janus Henderson appoints director of institutional solutions

  • Chi-X founder passes away

  • Chi-X welcomes deputy chief operating officer

  • Netwealth founding chair resigns, new director appointed

  • WTW farewells Jeffrey after 40 years, welcomes new head of retirement

  • Future Super CEO resigns

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Fund People Update

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  • FEAL appoints board member

  • Schroders appoints private debt head

  • Future Super appoints investments committee executive chair, governance head

  • Maple-Brown Abbott appoints first-ever risk chief, head of finance and PR

  • Westpac welcomes director of global investment services in NSW

  • Cbus appoints head of service, member and employer experience

  • First State Super loses deputy CEO

  • AMP Capital CEO and executives depart

  • Christian Super CIO resigns

  • IMAP managed account awards 2020 finalists announced

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Fund Product, Company and Regulatory Updates as at 1 July 2019

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Fund Product, Company and Regulatory Updates as at 1 July 2019

  • Hostplus launches new SMSF solution

  • Vanguard drops fund fees

  • Fidelity launches company rating system

  • OpenMarkets launches trading platform

  • Sunsuper cuts fees

  • GuildSuper and Childcare Super increase group insurance premiums

  • Clime Capital and CBG Capital to merge

  • MTAA Super and Tasplan consider merger, Statewide Super quits merger talks

  • AIC accepts EU from CBA

  • APRA tightening super fund acquisition regulations

  • ASIC extends suspension of BBY AFS licence

  • ASIC seeking feedback on new product intervention powers

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Fund Product, Company and Regulatory Updates as at 8 May 2018

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  • Renewable energy investment fund launched

  • Active ETF to be launched by Fidelity

  • Lifecycle pension strategy launched by REI

  • Fixed income portfolio ESG launched by XTB

  • Active EFT to be launched by InvestSMART

  • BlackRock’s iShares ETFs restructured

  • ESG indices launched in J.P. Morgan and BlackRock collaboration

  • Acorns Australia renamed

  • CBA enters enforceable undertaking

  • ASIC welcome AFCA, board members named

  • ASIC cancels SMSF auditors’ registrations

  • First Super voting against AMP board

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