Industry Updates

Objective of super bill introduced into parliament

The government has introduced a bill to legislate the objective of superannuation to parliament on Thursday.  

Rest appoints head of public policy

Industry fund Rest has appointed Enrico Burgio as head of public policy, as part of its focus on supporting policy and regulatory outcomes in the best interests of its growing membership, according to an update from the fund.

MetLife partners with Australian Wildlife Conservancy

MetLife Australia has signed a three-year deal with global conservation leader Australian Wildlife Conservancy (AWC) on a partnership to conserve Australian native animal species and the habitats in which they live.

AMP to launch digital bank for small business

AMP will be launching a digital bank offer designed for small businesses and sole traders in Q1 of 2025.

Court approves $110m AMP royal commission class action

The Supreme Court of New South Wales has approved the settlement for the shareholder class action brought against AMP after the Hayne royal commission in 2018 for $110 million, according to an update from class action law firm Maurice Blackburn.

HUB24 launches Discover offer

HUB24 has launched an offer called Discover to complement its existing Core and Choice offers.

FAAA launches Career Centre for advice profession

The Financial Advice Association has launched its Career Centre, an online resource for employees, job seekers, and career changers in the financial advice profession.

AFCA appoints two industry directors

The Australian Financial Complaints Authority has appointed Raylene Bellottie and Yien Hong to its board as industry directors, replacing Claire Mackay and Andrew Fairley.

Infocus invests in Wealth Connexion

Infocus has taken an undisclosed equity position in advice business Wealth Connexion in Brisbane, which will in turn acquire several retail practices formerly held by Infocus.

Gen X, Y most optimistic about retirement lifestyle: Aware Super

Australians with over 20 years left in the workforce are twice as likely to expect a more luxurious standard of living in retirement than they have today, according to new research by Aware Super.

Gen Z more concerned about finances than other generations: ASIC

Finances are a major concern for seven in ten Gen Zs (68 per cent), more than any other age group (57 per cent of non-Gen Zs), according to new research released by ASIC’s Moneysmart program. 

TAL pays $2b in claims in last six months

TAL has paid $2 billion in claims during the last six months, according to an update from the life insurer.

Previous Next