Risk Product, Company and Regulatory Updates as at 22 October 2019

Risk Product, Company and Regulatory Updates as at 22 October 2019
  • Digital advice firm drops two robo-advice tools

  • IOOF buying OnePath at discounted price

  • Myonlineadvisers closes its doors after advisers leave

  • Grandfathered commissions bill passes into law

  • Colonial First State facing two class actions in a week

  • FASEA clarifies code of ethics

  • Westpac class action launched

  • ANZIIF and LIPSWG establish professional standards framework

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Fund Product, Company and Regulatory Updates as at 15 October 2019

Fund Product, Company and Regulatory Updates as at 15 October 2019
  • SuperBooster initiative launched for greater super engagement

  • Recreo announces the launch of cloud-based super admin platform

  • Milford AM launches open-ended fund

  • Dow Chemicals super fund and Equipsuper merged

  • AMP creates new entity after restructure, gets new bosses and a Shonky award

  • IOOF drops Perennial Value

  • CommInsure facing $1.8m in penalties for unsolicited sales calls

  • Economics Committee reviewing super sector

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Risk Product, Company and Regulatory Updates as at 20 August 2019

Risk Product, Company and Regulatory Updates as at 20 August 2019
  • OnePath OneView Life update

  • AMP FPA to contest changes to AMP’s Buyer of Last Resort terms

  • CBA closing Financial Wisdom

  • AMP revises agreement with Resolution Life for sale of AMP Life

  • MLC Wealth restructure

  • MBS Insurance and Complete Risk Analysis to merge

  • APRA fines Westpac for reporting obligation breaches

  • FASEA exam update

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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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