NGS Super hit with additional licence conditions from APRA
APRA has imposed additional licence conditions on NGS Super over its lack of cyber controls.
Industry UpdatesDecember 8, 2023
CSLR board appoints inaugural CEO
The Compensation Scheme of Last Resort transitional board has appointed David Berry as inaugural CEO and Delia Rickard as a non-executive director, ahead of the scheme’s scheduled commencement in April 2024.
Industry UpdatesDecember 7, 2023
Super performance test shakeup on the card for government
The federal government has opened up to the idea of fine tuning the superannuation performance test, to account for member outcomes without holding back investment in economic priorities such as the net zero transformation and housing, following the third Treasurer’s Investor Roundtable in Canberra.
Industry UpdatesDecember 6, 2023
AFCA makes independent board appointment
The Australian Financial Complaints Authority has appointed Heron Loban to its independent board, effective from 1 January 2024.
Industry UpdatesDecember 6, 2023
Bravura promotes two to regional CEOs in global restructure
ASX-listed financial services software company Bravura Solutions has promoted Paul Dunn and Chris Spencer to CEOs of APAC and EMEA respectively.
Industry UpdatesDecember 6, 2023
Federated Hermes establishes partnership with GASP
Investment manager Federated Hermes has partnered with The Global Alliance for a Sustainable Planet (GASP) in the leadup to COP28 in the United Arab Emirates.
Industry UpdatesDecember 6, 2023
CFS Edge adds Morningstar managed accounts
Colonial First State (CFS) has expanded investment choices on its CFS Edge platform with a range of managed accounts from Morningstar.
Industry UpdatesDecember 5, 2023
AustralianSuper wins Origin Energy campaign
Shareholders in ASX-listed Origin Energy have rejected a takeover bid by a consortium led by private equity giants Brookfield and EIG.
Industry UpdatesDecember 4, 2023
Rest appoints CFO
Rest has appointed John O’Sullivan as its chief financial officer, after he led the division during the recruitment process.
Industry UpdatesDecember 4, 2023
Integro Private Wealth makes pair of appointments
Western Australian advice Integro Private Wealth has appointed Adam Pontague as a private wealth adviser, aligned with the firm’s continued expansion and heightened demand for private wealth services.
Industry UpdatesDecember 4, 2023
NZ Super Fund appoints acting CEO
The Guardians of NZ Superannuation, the crown entity that manages the $65 billion NZ Super Fund, has named Paula Steed as acting CEO, moving from her current role as general manager of strategy and shared services.
Industry UpdatesDecember 4, 2023
AMP appoints two non-executive directors to board
AMP has appointed Kathleen Bailey-Lord and Anna Leibel as independent non-executive directors to the board.
Industry UpdatesDecember 4, 2023