Global credit card numbers are changing: we're running out of the first six digits
/The numbering system for credit cards is running out of the first six digits. A new system is coming in for 2017.
Read MoreFintech innovation: facial recognition software goes official
/Soon we'll be using facial recognition for all of our identification needs with financial institutions. It's just happened in Australia.
Read MoreASIC launches financial advice toolkit for Australians
/ASIC launches toolkit for Australian consumers to help with the financial advice process.
Read MoreGlobal bonds leading - Europe FlowWatch September 2016 Results
/Deposits were made of a net €30.3 billion into long-term funds in local Europe and the cross-border space.
Read MoreNet inflows reach US$188bn YTD - Asia FlowWatch - September 2016 Results
/Bond Asia Pacific takes out the gong for top selling investment strategy, taking in US$23.7bn across all Asian funds.
Read MoreETF inflows US$32bn - Global ETF FlowWatch - September 2016 Results
/Globally, ETFs netted almost US$250bn during the past three quarters as global stock markets expand.
Read MoreLong-term mutual funds see US$105bn inflows - Global Flow Watch - September 2016 Results
/Asia saw the most new investor money (over US$60bn), then Europe and cross-border regions (US$18bn and US$16bn, respectively), and the U.S. and Canada saw inflows of US$11bn.
Read More1,377 new funds launched - New Funds in Global Markets Q3 2016 - Asia, Local Europe, and Cross-Border
/Almost US$74 billion was deposited into 1,377 newly launched funds across Asia, Europe, and Cross-Border markets during Q3’16, with Asian activity most pronounced.
Read MoreTaxable bond funds going strong - US Monthly Fund Highlights - October 2016
/Taxable bond funds saw great demand, attracting US$17.1 billion of net inflows, seeing a substantial increase over the US$58.3 billion seen over the year than during the first ten months of 2015.
Read MoreFund 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
Fund Product, Company, and Regulatory Updates as at 6 December 2016
/- IOOF launches new adviser portal
- Cbus launches employer app
- Netwealth and Stanford Brown team up in MA offering
- Mercer buys Pillar off the NSW Government
- Franklin Templeton announces new operating structure
- Macquarie merges two groups
- HSBC opens new Sydney office
- BTFG merges business areas: advice research with investment research
- JPMorgan Chase pay bribery penalties after hiring family and friends
- Budget Super Tax Package passed in Parliament
- CommSec pays $200,000 infringement notice
- Banking and financial services inquiry voted in
FOS names insurers with highest likelihood of disputes
/FOS has released its 2015/16 likelihood ratings for disputes with specific insurance companies.
Read MoreAligned advisory firms could pay millions in fee for no service claims
/Any financial institution or its advisory practices found to have been charging advice fees without providing advice may be required to refund or compensate clients.
Read MoreNew underwriting service launched
/An innovative new underwriting service aims to cut out the labourious process of applying to each insurer one by one.
Read MoreFPA members skip fees opt-in every two years
/ASIC has, for the first time, approved a code of conduct to avoid regular opt-in requirements for fee renewals.
Read MoreRisk Product Updates as at 29 November 2016
/- IA expands online claims system for employers
- AMP Flexible Lifetime - Protection and AMP Elevate product updates
- Product and service enhancements, price increases, to CommInsure Protection
Risk People as at 28 November 2016
/- NAB Financial Planning culls junior advisers
- 2016 FPA Awards
- Beddoes Institute Consumer Choice Awards
Life insurance satisfaction declining, but Asteron Life way out in front
/Life insurance satisfaction is down, though Asteron Life is up 10 percentage points, taking out the top place for customer satisfaction.
Read MoreRisk People as at 10 November 2016
/- MLC expands group insurance team
- Zurich appoints a new non-executive director
- Strategic Insight (Plan For Life) DIrect Life Insurance Awards
- FPA Awards
Risk Product and Company Updates as at 10 November 2016
/- ANZ: OneCare discount offer extended, enhancements
- MLC and NAB increase distribution of NAB Essentials Life
- AMP and Munich Re deal
- Cardena joins Fortnum
- AZ NGA's Logiro acquires two new companies
- HLB Mann Judd launches debt advisory business
