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

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 4 June 2019

Fund Product, Company and Regulatory Updates as at 4 June 2019
  • Perennial launches active ETF with an ESG strategy

  • Legg Mason launches new ‘deeper green’ ESG fund

  • Moelis Australia launches insto credit fund on the ASX

  • BetaShares launches Indian ETF

  • SSGA to launch ETF model portfolios

  • Alleron IM relaunching brand

  • MLC Life appointed group insurer by Maritime Super

  • Cartel class action launched against major institutional investors

  • Natixis joins Future Females in Finance

  • Sunsuper integrates CBH Super in another merger

  • Blue Sky placed into receivership

  • NAB sells Ausmaq to German group

  • APRA zeroing in on IOOF group companies

  • Aurora fund takeover bid fails

  • Macquarie Securities pays $300,000 penalty

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Fund People as at 9 April 2019

  • Pinnacle welcomes new head of retail, marketing director, director of listed products

  • QIC appoints new chair

  • Ernst & Young appoint super and insurance expert as partner

  • Mine Super appoints new CIO

  • J.P. Morgan welcomes new CEO

  • AMP Capital appoints new local real estate head

  • Future Fund creates new deputy CIO role

  • Rice Warner changes to leadership team

  • New head of Australasia at Blackrock

  • FSC welcomes new board members

  • Sunsuper welcomes AustSafe Super’s CEO in new role after merger

  • Aberdeen loses head of fixed income

  • BUSSQ puts long-standing CIO ‘on leave’

  • IOOF loses MD in Royal Commission take-down

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Fund Product, Company and Regulatory Updates as at 26 March 2019

  • Sunsuper rolls out new online services for advisers

  • Macquarie no longer offering SMSF residential home loans

  • Hostplus partners with Flexstone Partners on private equity emerging managers program in USA

  • MyNorth fees dropped

  • Quinn Emanuel launches shareholder class action against IOOF

  • APRA may publish worst performing super funds, trustees to expect harsher treatment

  • Perpetual launches credit income trust

  • ASIC places Endeavour and Linchpin into liquidation

  • ASIC cancels first AFSLs of those failing to join AFCA

  • ASIC obtains interim injunctions against Forex Capital Trading

  • Westpoint investors will receive $1.5 million after class action

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Fund Product, Company and Regulatory Updates as at 12 March 2019

  • Low carbon fund launched by Russell Investments

  • Investec launches Global Environment Strategy

  • Allianz Retire+ first investment product launched

  • Loomis Sayles launches credit fund

  • BlackRock launches Australian ESG bond fund

  • Sunsuper implements advice fee caps

  • IFM Investors establishes emissions reduction targets

  • Statewide Super considering merger with WA Super and Tasplan

  • New super legislation to drop fees, consolidate accounts

  • Abu Dhabi and ASIC sign collaboration agreement

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Fund People as at 26 February 2019

  • Macquarie Group appointments

  • Updates to leadership structure at AMP

  • Sunsuper executive restructure

  • Statewide Super welcomes new CEO

  • Class Super appoints new CEO

  • Qantas Super board shuffle

  • BTFG restructure to merge superannuation distribution teams

  • HESTA loses veteran executive, creates new role

  • Women in Super Scholarships - Applications Now Open

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Fund Product, Company and Regulatory Updates as at 12 February 2019

  • Centuria Life launches new product suite

  • Janus Henderson shuts down Australian equities funds

  • AustralianSuper members see admin fees double

  • IAG & NRMA Superannuation Plan merging with Sunsuper

  • Online shopping for investments

  • Jade Capital AFS licence cancelled

  • ASIC launches Global Financial Innovation Network (GFIN)

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Fund Product, Company and Regulatory Updates as at 17 July 2018

  • QSuper reduces admin fees

  • Westpac terminates SMSF loans

  • Sunsuper and AustSafe Super sign merger agreement

  • Prime Super and Combined Super talking of a merge

  • ASIC investigating Linchpin Capital Group and Endeavour Securities (Australia)

  • ASIC accepts EU from Goldman Sachs Australia

  • ASIC accepts EUs from CBA and ANZ regarding superannuation product distribution

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Fund Product, Company and regulatory Updates as at 18 April 2018

  • FirstWrap adds CFSGAM model portfolio
  • Equities strategy launched by active manager
  • Global ESG bond fund launched by Dimensional
  • Sunsuper slashes premiums, signs super code
  • ESG global equities fund unveiled by Natixis
  • Two active ETFs launched by Vanguard
  • Crypto-heavy fund launched by DigitalX
  • Digital advice compliance business acquired by IRESS
  • Pathway sold by Netwealth
  • Digital community to be created by OneVue via acquisition
  • Australian asset manager to rebrand
  • Nationwide Super cuts fees, joins Russell alliance
  • CFSGAM strategic review outcome
  • ASIC more than doubles fees
  • AUSTRAC regulates cryptocurrency service providers
  • British and Australian fintech cooperation strengthens
  • Octani’s AFS licence cancelled
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Fund Product, Company and Regulatory Updates as at 2 May 2017

  • Omega Global Investors launches equity income fund
  • VanEck launching smart beta bond ETF
  • Macquarie Wrap adds L1 Capital Long Short Fund
  • PIMCO launches new ESG bond fund
  • ANZ launches tech ETF
  • ESG risk tool launch
  • Sunsuper and Kinetic Super to merge
  • Henderson Group and Janus Capital Group merger
  • LGS strengthens ESG, reinstates investment restrictions
  • Australia Wealth Capital AFSL suspended
  • ASIC signs fintech agreement with Indonesia
  • DD&D Securities AFSL cancelled
  • First Super stops private equity investments
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Risk People, Product, Company, and Regulatory Updates as at 6 September 2016

  • Zurich finalising job cuts
  • Asteron Life updates product definitions
  • AMP set to launch ground-breaking definition-less TPD and IP product
  • Sunsuper redesigns TPD
  • Energy Super using MLC for group insurance
  • IA Australia's adviser support site relaunched
  • TAL Risk Academy updated
  • AFA saga updates, EGM to be held
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