Asia sees greatest demand - Global FlowWatch - March 2018 Results
/In March, Asia saw the highest investor demand with US$27 billion in flows, with Japan the best-selling market.
Read MoreFund Product, Company and Regulatory Updates as at 22 May 2018
/XTB Emerald Fixed Income Managed Portfolio launched, on HUB24
BlackRock confirms closure of five ETFs
PIMCO partners with financial tech firm
Australian Ethical ditches AMP investments
CareSuper partners with Mercer
Macquarie merging private wealth arms
ASIC and RBA introduce new BBSW calculation methodology
Wealth & Risk Management AFS licence cancelled
Intiger closes Sydney office
Fund People as at 22 May 2018
/Rest Super appoints senior analyst
Perpetual appoints new CEO
CBA announces acting CFO
PIMCO and Allianz seeking 50 new hires
FinTech Australia appoints new CEO
New Shadow Minister for Financial Services
Westpac appoints new group exec of customer and corporate relations
First State Super retiring
JP Morgan NZ resigns
Blue Sky director resigns
Young Leaders in Finance Award finalists announced
People can tell if you are rich or poor just by looking at your face
/A University of Toronto study has shown that people can predict socio-economic status by looking at your face.
Read MoreBlockchain expected to simplify financial advice
/The introduction of blockchain into the financial advice sector is set to augment how advisers are able to spend their time.
Read MoreProduct, Company and Regulatory Updates as at 15 May 2018
/Zurich offers lifestyle program, updates Active product range and definitions
NAB to leave advice sector, divests wealth operations
ANZ to increase share buy-back, cuts sales incentives for advisors
CBA finds no evidence of compromised customer information
Mackellar’s AFS licence cancelled by ASIC
New International paraplanning standard launched in the UK
Recommendations submitted to the Royal Commission by ASIC and FPA
Class actions filed against AMP
Group life insurance offered as opt-in after Federal Budget
Risk People as at 15 May 2018
/Operating officer and advisory firm appointed by CountPlus
Victorian and Tasmanian 2018 NIBA award finalists revealed
Non-executive directors step down from AMP board
ASFA rejects Grattan superannuation guarantee proposal
/ASFA rejects Grattan’s proposal to drop the rise in the superannuation guarantee.
Read MoreLatest retirement standards released by ASFA, calls for government to get superannuation right for women
/ASFA has released the latest figures for a modest and comfortable retirement for 65-year-olds and have restated the importance of helping women reach their retirement goals.
Read MoreFund Product, Company and Regulatory Updates as at 8 May 2018
/Renewable energy investment fund launched
Active ETF to be launched by Fidelity
Lifecycle pension strategy launched by REI
Fixed income portfolio ESG launched by XTB
Active EFT to be launched by InvestSMART
BlackRock’s iShares ETFs restructured
ESG indices launched in J.P. Morgan and BlackRock collaboration
Acorns Australia renamed
CBA enters enforceable undertaking
ASIC welcome AFCA, board members named
ASIC cancels SMSF auditors’ registrations
First Super voting against AMP board
Fund People as at 8 May 2018
/AMP announces independent chairman, lodges submission
SSGA appoints new members to distribution team
AMIST appoints chair and director
Managed accounts expert appointed by Praemium
ING appoints new board member
WA Super appoints two general managers
New chair appointed by Vision Super
ISPT appoints new chair
AMP chairman steps down
Managing and executive directors of Blue Sky step down
Guidance given to FASEA questioned by FPA
/FASEA’s determinations have been questioned regarding the necessary qualifications for financial planners.
Read MoreRisk Product, Company and Regulatory Updates as at 1 May 2018
/AMP adjusts product prices
ANZ OnePath adviser portal enhanced
Freedom to acquire life business
Boutique wealth manager signs to insurance offering
ASIC banning power increased
First Super supports action against AMP board
Class action against AMP to be investigated
AMP and banks advice failings may result in criminal charges
Risk people as at 1 May 2018
/MLC appoints general manager
HUB24 distribution team expanded
Nominations for AFA Excellence in Education Award open
FSU calls for extension of Royal Commission
/The Financial Services Union calls for the Royal Commission to be continued and expanded to other industries.
Read MoreTaxable bond fund demand strong - US Fund Update - March 2018 Key Trends
/Investor demand among active strategies in Taxable Bond funds in March (US$9.9 billion) were strong, followed by International Equity.
Read MoreFund Product, Company and Regulatory Update as at 24 April
/Colonial names board candidates and prepares IPO
Government heavily increases penalties, gives ASIC more power
ASIC winds up operator and illegal investment scheme
Fund People as at 24 April 2018
/CareSuper appoints new chair and deputy chair
New chair appointed by Suncorp
AMP announces changes to board
AFA responds to PJC report
/The AFA expresses confusion and disappointment in PJC Inquiry into Life Insurance Report.
Read MoreAdvice not yet a profession, says ASIC
/ASIC says that the financial advice sector is not yet a profession, but is on its way.
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