Industry Updates

FNZ appoints non-executive director

Global wealth management platform developer FNZ has appointed Kirsty Gross to support the group’s growth strategy, governance, and risk management in the Australian market.

Govt appoints TPB chair

Peter de Cure has been appointed chair of the Tax Practitioners Board, replacing Ian Klug.

Allianz Retire+ appoints two state managers

Allianz Retire+ has appointed Stephen Armstrong and Natalie Philips as state managers.

ASFA chief steps down

The Association of Superannuation Funds of Australia CEO Martin Fahy has informed the board he will resign after seven years in the role.

Holden employee fund merges into Mercer Super Trust

Mercer has signed an agreement with the trustee of Holden Employees Superannuation Fund (HESF) to transition HESF into the Mercer Super Trust via a successor fund transfer.

Fourth Line restructures leadership team

Advice regtech firm Fourth Line has re-structured its leadership team to advance its goal of fully automating the financial advice assurance process. Founding CEO David Travers will transition to executive chair , overseeing the delivery of a technology roadmap that will automate advice assurance to a level previously thought impossible. Chief operating officer Joel Ronchi

Ripple Wealth joins Walker Lane as member firm

Boutique advice firm Ripple Wealth has joined licensee Walker Lane as a member firm.

Asendium partners with Enzumo for SOA creation

Advice tech firm Asendium has partnered with financial planning software customisation business Enzumo to provide clients with a detailed and compliant SOA document that is linked to their Asendium account.

AstuteWheel launches version 4.0 of engagement software

AstuteWheel has celebrated its eleventh anniversary by launching version 4.0 of its engagement software, which includes a secure client portal, enhanced CRM functionality, and practice management/business improvement tools.

BT appoints distribution head

BT has appointed head of account management Jason Brown to lead its distribution team. He has been acting in the role since December 2022, when previous head of distribution Chris Mather moved to CFS. Brown has over 30 years of experience in financial services and has worked at BT across business development and account management

Vale Michael Harrison

Highly respected business strategist and former Synchron independent chair Michael Harrison passed away on Sunday, 21 May 2023, after a long illness. He was 78-years-old.

Nuveen wins industry fund mandate for US Cities Workplace strategy

Asset manager Nuveen has invested US$190 million ($286 million) from industry funds Cbus Super, Hostplus, and TWUSUPER in its US Cities Workplace strategy. Nuveen’s US Cities Workplace strategy – which sits within the firm’s global resilient series – invests in alternative workplace assets across the medical office, life science, technology R&D, and studio production sectors

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