Risk People as at 4 October 2016
/- Zurich's new distribution team
- TAL Business Partnership Program award goes to AFRM
- AFA Rising Star finalists
- Former LUA president passes away at age 85
ATO forcing employers to be SuperStream compliant from Oct 28
/As of October 28, all superannuation contributions to funds - including SMSFs - must be done electronically.
Read More2016/17 retirees don't have enough to retire on
/Recent Roy Morgan research has shown that while many 60-somethings are intending on retiring in the coming year, their average super account balance is only $300,000 - not enough.
Read MoreDodgy financial advisers finally being weeded out by bank licensees
/In a move long overdue, financial advisers with a poor track record will be on record amongst a group of banks subscribed to the ABA's new adviser hiring protocol.
Read MoreFund People as at 27 September 2016
/- REST appoints new GM of investments
- Super SA appoints two new board members
- Suncorp executive appointments
- Perpetual appoints new executive director
- First Super appoints co-chair
- Cbus appoints investment manager
- BTIM appoints group executive, international
- Bankwest MD resigns
- Australian Hedge Fund Awards
Fund Product, Company, and Regulatory Updates as at 27 September 2016
/- Legg Mason launch macro bond fund
- BetaShares launches Cybersecurity ETF
- Zurich acquisition of Macquarie approved
- IRESS acquires Financial Synergy super software provider
- Westpac changes staff incentives structure
- Vision Super divests three more carbon companies
- TA Associates to buy Aus Goldman Sachs Asset Management
- Westpac refunds $9.2m in fees
- CBA pays $180,000 in penalties for unlawful/inappropriate overdrafts
US$87bn net flows - Global FlowWatch July 2016 Results
/Long-term mutual funds attract over three times the June result. Bond products gathered US$82 billion in net subscriptions.
Read MoreUS Monthly Fund Highlights - August 2016
/Net new flows totalled US$28.2bn billion, with active and passive strategies experiencing divergent trends.
Read MoreWho is looking to buy insurance (and who is not)
/Recent data from over 10,000 internet site searches reveal who is looking for insurance cover, which type of cover they want, and how much of it they seek.
Read MoreThe corporate psychopath - how many do you have leading your company?
/Since the GFC, the term 'successful psychopath' has entered the mainstream. Recent research has revealed that there are as many diagnosable psychopaths in the corporate world as there are in prison.
Read MoreRisk People as at 21 September 2016
/- AFA appoints new president and vice president
- AFA 2016 adviser and practice awards
- AFA and TAL Female Excellence in Advice Awards
Risk Product, Company and Regulatory Updates as at 21 September 2016
/- AMP enhances Elevate Online
- Macquarie maintains premiums after Zurich move
- ClearView increases IP premiums
- MBS Insurance joins forces with Pitcher Partners Sydney
- Allegianz AFSL cancelled
- Life insurance parliamentary review
Mackay area has most lost super in Australia - $49.3 million
/Lost super is an area of concern for ASFA, as the government increases the threshold, thereby increasing their money collection from consumers.
Read MoreGot something to say about FOS? Review under way, comments open
/The FOS has opened up its email inbox to comments as it undergoes dispute resolution review, along with two related organisations.
Read MoreMulti-asset begin to shift to absolute return, increasing demand on ESG - Global Fund Insights
/Amid economic and political uncertainties, long-term mutual fund flows globally slowed down, only achieving about 20% of the net flows garnered during the same period last year.
Read MoreFund Product, Company, and Regulatory Updates as at 13 September 2016
/- First truly digital bond trading solution launched
- Energy Super's new digital advice service live
- Shareclarity enters Aussie market
Fund People as at 13 September 2016
/- ASFA appoints new CEO
- LGS appoints new board director
- PIMCO Asia Pacific hiring
- YBR appoints GM of wealth management
- Perpetual executive resigns after eight months
- ANZ group COO departed
- AIST Investment Rising Star Award
Bonds ruling on inflows in Asia too - Asia FlowWatch - July 2016 Results
/Long-term Asian funds saw net inflows of US$15bn, with bond funds leading.
Read MoreBond funds see most new money - Europe FlowWatch July 2016 Results
/July saw investor deposits of €35 billion into long-term funds, with bond products the most popular.
Read MoreNew 'simple' trauma cover launched in UK
/New insurance products that favour the younger, poorer, less interested customer are emerging, like this new top-three-medical-conditions-only product from the UK.
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