Industry Updates

TAL launches Client Care Series

Life insurer TAL has launched the Risk Academy Client Care Series, designed to provide advisers with tools to support their clients’ mental health and well-being. 

BlackRock to launch US Treasury Bond ETF in Australia

BlackRock Australia is set to introduce the iShares U.S. Treasury Bond (AUD Hedged) ETF (IUSG) later this month, with a fee of 15 basis points. 

CFS announces “next generation” managed accounts exclusive to Edge

Colonial First State has announced the “next generation” of managed accounts to its new Edge platform, the CFS Edge Accelerate Series, which will be available later this year.

CALI launches grant program to female risk advisers

The Council of Australian Life Insurers has launched a program called the ‘ReCALIbrate: A Chance For Women to Reshape Life Insurance’ to help get more women into risk advice. 

Cbus reshapes executive team

The $85 billion industry fund Cbus has made several executive appointments across its investment, strategy, transformation, and operations divisions. 

Northern Trust appoints asset servicing head

Global asset servicing firm Northern Trust has appointed Aisling Keane as head of asset servicing for its operations in Hong Kong.

Spark Financial partners with sustainable investment firms

National dealer group Spark Financial has partnered with platform Oko Advisers and client software Voyant to help its financial advisers offer sustainable investment options and enhance their ability to manage practice finances effectively.

Natixis expands AFSL to serve retail clients

Natixis Investment Managers has expanded its AFSL allowing it to promote to retail clients.

ASIC halts K2 affiliated fund

ASIC has issued an interim stop order on Storehouse Residential Trust, a managed fund promoted by K2 Asset Management. 

Ensombl officially launches in South Africa

After announcing a capital raise, professional networking platform Ensombl has officially expanded its international presence with a launch in Cape Town, South Africa.

New Zealand Super Fund invests in Euroclear

The New Zealand Super Fund has acquired a 4.99 per cent share in Brussels-based company Euroclear.

Hostplus, Maritime Super complete merger

Hostplus and Maritime Super have completed their merger after signing a successor fund transfer in December 2022.

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