Fund Product Update

  • Challenger launches fixed-term annuity

  • Vanguard launching super fund

  • AMP-managed trust moving elsewhere

  • BlackRock launches iShares ETF

  • eToro launches AussieEconomy portfolio

  • Chant West announces platform rankings service

  • UBS launches small-cap strategy locally

  • BlackRock and NAB launch ETF suite together

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Australian and New Zealand ESG Update

  • MetLife only insurer on 'inclusive workplace’ ranking

  • ISS ESG launches important regulatory report, labels and standards solutions, and wins an ESG research award

  • NAB, ANZ and Westpac accused of dropping ‘carbon bomb’ and rejigging net-zero promises

  • IFM Investors achieves carbon neutral status on Private Equity portfolio

  • ClearView achieves carbon neutral status

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Risk Regulatory Update

  • NAB and Westpac to face economics committee

  • APRA stats show life insurance industry improvements, releases new remuneration standards

  • FASEA approves Victoria University courses, July exam results out

  • Tax board and standards councils sign MOU

  • ASIC freezes levy for financial advice

  • FSC releases new life code for consultation

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Risk Product, Company and Regulatory Updates as at 4 November 2019

Risk Product, Company and Regulatory Updates as at 4 November 2019
  • LGIAsuper partners with Link Advice for planning services

  • CommInsure sale complete

  • ASIC takes RI Advice to task over rogue adviser

  • ASIC takes NAB companies to court

  • Lobbyist financial advisers’ association has 4,000 members

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Risk Product, Company and Regulatory Updates as at 6 August 2019

Risk Product, Company and Regulatory Updates as at 6 August 2019
  • IRESS improves Xplan

  • FPA CPD platform launch

  • CountPlus shareholders in favour of acquiring Count Financial

  • CBA approved to divest CFSGAM

  • APRA stakeholder survey shows regulator favour dropping

  • NAB document leak

  • MLC adviser fee class action plans

  • ASIC suing ANZ over periodical fee payments

  • FASEA exam update

  • Grandfathering commissions proposed ban date 1 January 2021

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