Risk Product, Company and Regulatory Updates as at 11 February 2020

Risk Product, Company and Regulatory Updates as at 11 February 2020
  • FPA partners with Deakin University, launches pro bono support for bushfires

  • AMP adds insurers to MyNorth platform

  • Algorithms and artificial intelligence collide with ‘bionic’ advice

  • OneVue takes over Madison Financial Group

  • ClearView halts agreed value IP policies

  • New class action launched against AMP over adviser actions

  • ASIC update on financial advice-related misconduct and compensation

  • New class action launched against AMP over adviser actions

  • ASIC update on financial advice-related misconduct and compensation

  • Class action launched against CFS

  • Westpac facing class action over money laundering

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Fund Product, Company and Regulatory Updates as at 4 February 2020

Fund Product, Company and Regulatory Updates as at 4 February 2020
  • Elevate Super for millennials launches

  • Single investor shuts down boutique Aussie equities fund

  • VanEck launches income product and its first active ETF

  • BlackRock closes ASX-listed ETF

  • Schroders planning private equity fund for local investors

  • EISS rebrands after name confusion

  • Link loses AvSuper to Mercer

  • Sargon collapses

  • Global Merces Funds Management AFS licence suspended

  • Theta AM and Valuestream IM AFS suspensions

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Risk Product, Company and Regulatory Updates as at 17 December 2019

Risk Product, Company and Regulatory Updates as at 17 December 2019
  • AMP introducing annual advice agreements for ongoing advice

  • MLC Life switched for OnePath by Qantas Super

  • Madison Financial Group rebranding to Sargon Adviser Services

  • Standford Brown buys World Square FS

  • ASIC files proceedings against TAL for IP claim handling

  • APRA: IOOF acquisition of OnePath Pensions and Investments approved

  • Westpac update

  • New elder abuse register

  • ASIC banning life insurance cold calling

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