Fund Product, Company and Regulatory Updates as at 13 August 2019

Fund Product, Company and Regulatory Updates as at 13 August 2019
  • Updated MyNorth retirement modelling tool launched

  • Tomorrow Super launching shortly

  • BlackRock and VicSuper partner up for ESG-focused global bond index fund

  • Rest Super brings investments arm in-house

  • WTW buys specialist mergers and acquisitions broker

  • Finclear Execution fined $70k

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Fund Product, Company and Regulatory Updates as at 30 July 2019

Fund Product, Company and Regulatory Updates as at 30 July 2019
  • Russell Investments enters managed accounts space

  • HUB24 announces multi-currency functionality for IMs

  • Pinnacle IM set to launch zero(ish)-fee ETF

  • BetaShares launches FTSE 100 ETF

  • Cooper Investors launches equities fund

  • LGIAsuper switches out WTW for JANA as asset consultant

  • First State Super and VicSuper planning merger

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Fund Product, Company and Regulatory Updates as at 9 April 2019

  • QB launches execution algorithm on ASX

  • IFM Investors opens European office

  • VicSuper and First State Super consider merger

  • NAB scraps 'introducer payments’

  • Christian Super launches Aboriginal and Torres Strait Islander reconciliation plan

  • Institutional Shareholder Services acquires Strategic Insight

  • New alternatives platform launch

  • New small caps boutique at Fidante Partners

  • Zurich closes international equities fund

  • Australian Super increases insurance premiums

  • Refundable franking credits removal fails committee approval

  • Budget relaxes super contribution rules for retirees

  • Product dashboards for MySuper products temporary disclosure-related relief extended

  • APRA’s new powers in the super realm

  • New laws for financial product design and distribution pass

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Fund People as at 27 November 2018

  • ASFA appoints board members

  • Hostplus promotes head of investment strategy

  • Tasplan Super appoints new director

  • VicSuper appoints its first chief risk officer, executive manager of people experience

  • Blue Sky welcomes new chair

  • BlackRock appoints new Asia Pacific head

  • Paul Costello passes away

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

  • 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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Fund Product, Company and Regulatory Updates as at 31 July

  • Plum Super starts retirement product
  • New super product launched by fintech company
  • Retirement savings research centre launched
  • Hamilton Lane enters Australian market
  • VicSuper launches new online financial advice coach
  • NAB sells JANA stake
  • Industry fund offering retirement income incentive
  • Ignition Wealth announces SMSF suitability tool
  • Vertium launches retirement income fund
  • Fintech partnering for Melbourne hub
  • Bannister Law to file class action against Dick Smith
  • Court orders wind up of 18 companies
  • ASIC for intercept powers
  • FSC announces stewardship code
  • Abu Dhabi and Australia fintech agreement
  • MyState refund of overcharged fees and interest
  • Financial Choice pays penalties
  • ASIC accepts enforceable undertaking from Avalon
  • Suncorp's Tower takeover denied
  • Sunsuper and Kinetic Super merger
  • Super changes bill released
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Fund Product, Company and Regulatory Updates as at 20 June 2017

  • Kinetic Super improves member cover
  • World Vision launches investment fund
  • VicSuper launches ESG option
  • BlackRock launches two cash ETFs
  • BetaShares launches floating rate bond ETF
  • AMP updates North platform
  • HESTA announces new group insurance provider
  • Citigroup pays $50,000 infringement
  • ASIC extends Stronger Super start date
  • Group Underwriters & Managers (GUM) ASFL cancelled
  • Synergy pays penalty for misleading advertising
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Fund People as at 6 December 2016

  • ANZ appoints new sustainable finance head, head of Australian economics
  • LGIAsuper appoints new chair
  • CFSGAM appoints new director of infrastructure investments
  • BTIM appoints new director
  • VicSuper appoints new CIO
  • NZ Financial Services Council appoints Richard Klipin
  • ANZ appoints new head of Australian economics
  • Cbus appoints new GM of investments taxation
  • 2016 AIST Excellence Awards
  • Selecting Super Super Fund of the Year
  • CBA director retires
  • IOOF redundancies and new appointments
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Fund Product and Company Updates as at 30 March 2016

A new automated advice tool for investors; JP Morgan funds added to mFunds; enhancements to FirstChoice and FirstWrap; VicSuper works on climate change; BTIM launches new boutique; ANZ to refund $5m in fees; ASIC looks at vertical integration conflicts; an equity crowdfunding update; UK, Aus regulators sign innovation agreement; and a fintech event promises interest. 

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