Fund People as at 28 May 2019

Fund People as at 28 May 2019
  • TelstraSuper appoints new chair

  • Catholic Super welcomes new chair

  • SuperConcepts restructures executive team

  • JANA switches up the board

  • Equity Trustees appoints head of fund services

  • Citi appoints head of Australia

  • Mercer appoints administration business head

  • CBA board member leaving

  • UBS co-head of equities Aus and NZ steps down

  • Club Plus Super loses chair to Parliament

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Risk Product, Company and Regulatory Updates as at 14 May 2019

Risk Product, Company and Regulatory Updates as at 14 May 2019
  • AIA Australia discounts lump sum policies

  • OnePath announces adviser portal improvements

  • Integrity Life announces product enhancements

  • Asteron Life exiting stage left

  • Life Code Compliance Committee (LCCC): still work to do

  • Australasia Wealth Services and Management licence suspended

  • Westpac paying back over 30 per cent of fees-for-no-service

  • APRA sends letter, demands action from disability income providers

  • FSC says no to civil penalties for voluntary industry code

  • Adviser AFS licences revoked due to dual authorisation with other licensee

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ESG Update as at 7 May 2019

ESG Update as at 7 May 2019
  • APRA reviewing ESG matters

  • AMP compiles 10 ESG issues on investor agendas

  • Sand: the environmental catastrophe you missed

  • Is the renewables market busting?

  • Westpac going 100 per cent renewable by 2025

  • Cannabis - an update on regulatory trends and industry developments

  • Renewables supplied 77 per cent of Germany’s electricity on Easter Monday

  • Brunei punishing gay sex, infidelity, with stoning and whipping

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Fund Product, Company and Regulatory Updates as at 7 May 2019

Fund Product, Company and Regulatory Updates as at 7 May 2019
  • CFS removes nine undesirables, adds three new index funds

  • Tribeca partners with advisory firm to launch new Asian Credit fund

  • Equipsuper and Catholic Super to merge

  • Netwealth opens new office, makes new appointments

  • Superannuation startup relaunching

  • IOOF fails to meet APRA’s deadline

  • ASIC appoints receivers to Berndale Capital Securities

  • APRA review looks at insurance in super

  • AIST wants AFCA to name and shame super funds

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Australian and Global ESG Update as at 23 April 2019

  • CSIRO invites public discussion on AI ethics

  • Australians top ‘most responsible asset allocator’ list

  • NZ Super divests weapons

  • State Street calls for Australian board annual elections for all directors

  • Norway restricts coal investments while opening up renewables

  • $1bn green infrastructure investment boost in Southeast Asia

  • Exxon shareholders not allowed to vote on climate resolution

  • Socially responsible investments hit US$30 trillion

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