Mutual funds saved US$2.6 billion by blockchain
/Research has shown the financial benefits of using blockchain technology.
Read MoreData breach laws coming into effect
/Businesses need to review their privacy and data security policies to align with new data breach laws.
Read MoreTalking about super at work - how it affects our choices
/A research piece examines how our workplaces determine the conversations we have and the changes we make to our superannuation investment strategies.
Read More2017 with US$1.63tn in long-term fund flows - Global FlowWatch - December 2017 Results
/Long-term mutual funds had US$113 billion in net gains, making total fund flows for 2017 US$1.63 trillion. Every region experienced positive flows during December.
Read MoreJanuary 2018 Report Key Trends - US Monthly Fund Highlights
/Active long-term mutual funds and ETPs see a substantial turnaround from December 2017.
Read MoreFund Product, Company and Regulatory Updates as at 28 February 2018
/- Legg Mason partners with BetaShares
- ETMF to be launched by Perennial
- AMP cuts new wholesale fund fees
- Micro-cap fund launched by Lennox
- Legg Mason divests cluster bombs and tobacco
- IOOF and GROW Super partner
- SMSF administrator acquired by SuperConcepts
- Acorns plans super fund launch
- KPMG sells admin business
- ASIC applies to appoint Superfunded liquidator
- Four major banks under scrutiny
- Credit Suisse hiring investigation
Fund people as at 28 February 2018
/- Strategy lead appointed by TelstraSuper
- SMSF Association announces new chair
- AXA IM announces assets business head
- Australian Ethical announces COO
- CBA appoints general manager
- Invesco builds equities team
- Equipsuper appoints executive officer
- Catholic Super CIO retires
- FPEC chair retires
- NGS Super chief executive retires
Research: we need new retirement options
/A National Seniors report suggests a new form a retirement guarantee should be implemented to help Australians accommodate their increasingly longer lives.
Read MoreProductivity Commission: 'general advice' is a misnomer, get rid of it
/The Productivity Commission is calling for a change in advice terminology to encourage better consumer understanding of financial products.
Read MoreRisk Product, Company and Regulatory Updates as at 20 February 2018
/- AustralianSuper cuts premiums
- AMP discounts healthy clients
- AIA pain education program
- ANZ upgrade discount offer
- ClearView flat fee offer
- Melbourne financial businesses fined
- New chair appointed to life code compliance committee
- ClearView refunds poor sales practices
- CBA puts away money for regulatory costs
Risk People as at 20 February 2018
/- Centrepoint announces executive officer
- NAB appoints regional GM
- Fortnum appoints executive
- TAL appointed sales head
- AIA appoints chief
- Chant West founders retire
BNP Paribas completes blockchain technology test
/BNP Paribas has completed testing on blockchain technology for the ASX, with implementation imminent.
Read MoreASFA: super solutions for gig economy
/ASFA is recommending law changes to allow gig economy workers to properly contribute to their superannuation funds.
Read MoreRecord highs - Global ETF FlowWatch - December 2017 Results
/Worldwide ETFs hit record high of US$646 billion in net flows in 2017.
Read MoreFund Product, Company and Regulatory Updates as at 13 February 2018
/- Industry veteran acquires SMSF Alliance
- FTSE Russell partners with Qantas Super, launches gender diversity indices
- Pacific Current sells insto investment firm stake
- New website launched by The Tax Institute
- Instreet Investment increases holding in Acorns Grow
- Civil proceedings against CBA commence
- ASIC removes OpenMarkets licence conditions
- ANZ refunds undisclosed charges
- Westpac credit card remediation update
Fund People as at 13 February 2018
/- BlackRock appoints financial institutions head
- Westpac appoints board member
- JBWere alumnus joins Koda Capital
- Sales lead appointed by Perennial
- New chair appointed by FSC
- Fidante appoints new head
- Zurich appoints new head
- Lazard chief steps down
Roy Morgan survey shows phone sales lead life insurance sales
/A new Roy Morgan survey shows how different groups of Australians rely on remarkably different channels to buy life insurance.
Read MoreAIA Australia calls for rehabilitation expenses to be covered by insurers
/AIA Australia joins the call for legislation to be changed to allow insurers to cover more rehabilitation expenses.
Read MoreIn-house product bias confirmed by ASIC
/A new ASIC report reveals bias towards in-house insurance products.
Read MoreRisk Product, Company and Regulatory Updates as at 6 February 2018
/- AIA Australia's cancer wellness program launched, policy fees waived
- MBS Insurance joint venture
- Advice firm offers life insurance
- Online Australian consumer brand offering life insurance
- Global alliance formed by insurtech associations
- OnePath Life purchased by Zurich
- Integrity Life moves into retail
- Electronic medical certificates adopted by BT
- Medical specialist board created by TAL
- Commonwealth Bank planning licence conditions update
- Propositions to give ASIC power to ban products
- ASIC reviews insurance advice
- FSC requiring three insurers on APLs
