Fund People and Product Updates as at 9 May 2017
/- UniSuper chairman departs, new director appointed
- HESTA appoints new CIO
- Vanguard appoints new CFO
- BetaShares launches new small-cap fund
- Lennox Capital Partners release small-cap fund
ASIC taskforce supports annual breach reporting at licence level
/Naming and shaming is out of favour, while annual data collection of obligations breaches was in.
Read More'Super funds need claims philosophy' - Working Group says
/The ISWG has set out a handful of proposals to get insurance inside superannuation performing better for members, with a more consistent experience desirable.
Read MoreSeventy-three women died in Australia due to domestic violence in 2016 - NAB's charity day nets $100,000
/nabtrade is doing its bit for domestic violence in Australia, with $100,000 raised by donating its brokerage fees for one day per year.
Read MoreTheoretical quantum computer set to revolutionise finance - CBA
/CBA has invested $15 million into quantum computing with the hope that one day it will pay off in spades.
Read MoreASIC's market integrity report - 1 July 2016 to 31 December 2016
/ASIC reports on what it's been up to, and what it plans to tackle this year.
Read MoreYear in Review & 2017 Outlook - Challenges and Opportunities for Actively Managed Mutual Funds
/Stock market volatility and political uncertainty saw investors staying cautious throughout most of the past year.
Read MoreHighest net flows to taxable bonds - US Funds Monthly Highlights - March 2017
/Taxable bonds saw the highest net deposits among long-term funds at US$41.0 billion.
Read MoreFund People as at 2 May 2017
/- ANZIIF board adds member
- Cbus creates new executive roles
- Aurora appoints new COO
- AMP Capital appoints head of insto and corporate business
- AustralianSuper appoints new investment committee chair
- MLC Super appoints new CEO
- Deutsche Bank appoints Australian CEO
- Vanguard appoints distributions heads
- Countplus founder and chair retires after 11 years
Fund Product, Company and Regulatory Updates as at 2 May 2017
/- Omega Global Investors launches equity income fund
- VanEck launching smart beta bond ETF
- Macquarie Wrap adds L1 Capital Long Short Fund
- PIMCO launches new ESG bond fund
- ANZ launches tech ETF
- ESG risk tool launch
- Sunsuper and Kinetic Super to merge
- Henderson Group and Janus Capital Group merger
- LGS strengthens ESG, reinstates investment restrictions
- Australia Wealth Capital AFSL suspended
- ASIC signs fintech agreement with Indonesia
- DD&D Securities AFSL cancelled
- First Super stops private equity investments
Risk People as at 26 April 2017
/- Fortnum welcomes new head of financial advice, practice technology manager
- MLC Life Insurance adds four business engagement roles
- Some AFA awards open for nominations
Risk Product, Company and Regulatory Updates as at 26 April 2017
/- CommInsure Total Care Plan Super product update
- Asteron Life introducing discounts
- Zurich launches new adviser app
- New 'buy my clients' marketplace launched
- Investment consortium buys majority stake in Focus Financial network
- Parliamentary Committee says misconduct should be published
Risk People as at 18 April 2017
/- Financial Adviser Standards and Ethics Authority kicks off with new members
- Synchron appoints new state manager
- AMP restructures advice unit
- Suncorp appoints non-executive director
Risk Product, Company and Regulatory Updates as at 18 April 2017
/- Asteron Life product update
- AMP updates prices for Elevate, AMP FLP, National Mutual, ACL, Elevate product groups
- FPA announces alliance to get more women into finance
- OnePath is for sale, sort of
- Coles exits life market
- Fiducian expands advice business
- FSC releases draft standard for APLs (and Strategic Insight provides Life Insurance approved product list research)
- ASIC considers peer-reviewed bannings for adviser misconduct
- ASIC scrutinising direct sales tactics
AFA wants tighter controls on mental health diaries
/Insurance companies may be using mental illness claimants' daily diaries inappropriately, with the AFA questioning its use, and proposing limitations be put into place to restrict such use.
Read MoreZurich survey shows risk advisers feeling slightly more positive
/An ongoing risk adviser sentiment survey conducted by Zurich has shown that advisers are slightly more optimistic than they have been across the past five years.
Read MoreWe're a bit overwhelmed and dissatisfied with our wealth: MLC WSS
/The latest MLC survey on consumers looks a bit closer at where Australians feel like they're at financially.
Read MoreEthical investment data nowhere to be seen
/Institutional investors are asking for clear data on how their investments - or potential investments - are using ESG, to make choosing investments easier.
Read MoreInvestment pros wax on geopolitical risk
/A survey on investment professionals relays their fears on the current geopolitical climate.
Read MoreGroup life 'not essential to super', we should exclude it - PC report
/The Productivity Commission is excluding life insurance from its discussions about the superannuation system.
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