Study finds consumers still rejecting advice on insurance
/A survey finds consumers prefer finding information and buying insurance online, over seeing an adviser.
Read MoreFOS wants FSC code to be consumer-friendly
/The FOS has suggested that the FSC Code of Practice should be easier to read and understand.
Read MoreRisk Product, Company and Regulatory Updates as at 24 January 2017
/- New app for clients to see snapshot of financial position
- ClearView and Sony Life sign agreement
- CommInsure wins NFS mandate, loses TWUSuper
- Bridges acquires Heritage Bank advice firm
- Omnium and YTML sign technology partnership deal
- CPA introduces new financial planning subjects
Risk People as at 24 January 2017
/- MLC Life Insurance appoints six to bancassurance
- ClearView appoints head of product
- Total Financial Solutions appoints new executives
- TAL receives national award for gender equality
Ever wondered how much worse off you are financially after your divorce?
/The latest AMP.NATSEM research report reveals the true financial cost of divorce.
Read MoreWomen at the top: (more) hard data on why it's more profitable
/Read the results of two new research pieces into women in directors' positions and women in investing, particularly alternatives.
Read MoreFirst long-term outflows in 9 months - Europe FlowWatch - November 2016 Results
/Local Europe and cross-border long-term funds had monthly net outflows totalling €4 billion.
Read MoreBond Asia Pacific best-sellers - Asia FlowWatch - November 2016 Results
/Bond Asia Pacific investment category did well again, bringing in US$20bn across all Asian markets.
Read MoreEquity funds suffering - Global FlowWatch - October 2016 Results
/Equity funds saw more than $26 billion taken in redemptions during October - the seventh month in a row of net outflows.
Read MorePassive funds leading demand - US Monthly Highlights - November 2016 Report
/Long-term mutual funds and ETPs saw US$3.9 billion, with active and passive strategies continuing to see divergent trends in net investments.
Read MoreFund Product, Company, and Regulatory Updates as at 17 January 2017
/- Legg Mason launches new global bond fund
- Monash University issues climate bond
- Virgin's struggling super fund folds
- Transport Super merges with MyLife MySuper
- NAB sends 60,000 customer details to porn purveyor by mistake
- World-first licensing exemptions for Australian fintech companies
- New accounting standards in place
- Pershing Securities pays $40,000 in infringements
Fund People as at 17 January 2017
/- Suncorp appoints new CEO of strategic innovation
- ING Direct hires Australian head of retail banking
- NAB appoints head of retirement
- Aon promotions
- State Street executive shuffle
- First State Super appoints new CIO
- Perpetual appoints a new investment specialist
- Suncorp exec leaves after 17 years
- Mercer restructure results in retrenchments
Record high ETF assets and robo-advisers - Global Fund Insights
/Bond funds dominated all major asset classes totalling US$258 billion in net new money in 3Q and US$464 billion year-to-date.
Read MoreETF net flows slow over summer - Global ETF FlowWatch - October 2016 Results
/Equity products had the most net flows at US$14 billion, while bond and commodity (mostly gold products) added US$4 billion and US$2 billion, respectively.
Read More€13.8 into funds - Europe FlowWatch October 2016 Results
/Mixed products garnered the most new money at €7.1 billion, closely followed by Bond funds at €6.1 billion.
Read MoreBond Asia Pacific leading strategy - Asia FlowWatch - October 2016 Results
/Bond Asia Pacific raised US$10 billion across all Asian markets in October.
Read MoreStockbrokers Association now accepting advisers
/The Stockbrokers Association is having a name change to reflect growing numbers of stockbrokers who are also holistic financial advisers.
Read MoreRisk People as at 13 December 2016
/- Suncorp execs swap roles for a year
- MetLife appoints head of people and culture
- Challenger promotes two execs
- AMP restructure
- FPA awards
Risk Product, Company, and Regulatory Updates as at 13 December 2016
/- AIA enhances Priority Protection range
- Zurich to buy Cover-More
- Carwardine Financial Services to be reviewed
- Group Underwriters & Managers AFSL suspended
- LIF legislation passed through House of Representatives
CBA and Wells Fargo do first blockchain transaction for bales of cotton
/The first blockchain transaction between two major financial institutions from Texas to China has been conducted for 88 bales of cotton.
Read More