Industry Updates

BT appoints platform strategy head

Former BT head of platform simplification Russell Brinckley has returned to the business as head of platform strategy and development.

Equity Trustees to combine trustee services

Equity Trustees will soon combine its superannuation and corporate trustee services, to further simplify its business structure.

Australia 6th most cyber-breached country in Q2

Australia is the sixth most cyber-breached country in the second quarter of 2023, according to the latest research study from VPN service Surfshark. 

Super fund returns maintain momentum in July

The median balanced option delivered a return of 1.5 per cent in July, according to estimates from superannuation research house SuperRatings.

Managed accounts lead product registration surge: APIR data

Product registration firm APIR Systems has reported a surge in registrations of new financial products, especially managed accounts, in financial year 2023.

Lonsec appoints investment division head

Fund researcher Lonsec has appointed Nathan Lim as CIO and executive director of Lonsec Investment Solutions, the group’s investment division.

Hejaz Group launches direct Islamic pension product

Islamic Finance provider Hejaz Group has launched the Hejaz Islamic Super and Pension, the first account-based Islamic pension product to be directly offered to consumers in Australia.

Ignition Advice appoints Asia Pacific BDM

Advice technology company Ignition Advice has appointed Darren Speirs as business development director for the Asia Pacific region. 

LifeBid launches equity crowdfunding campaign

Insurance company LifeBid has launched an equity raising campaign with crowdfunding platform Stride Equity.

Prime Value appoints heads of distribution & marketing

Boutique investment house Prime Value Asset Management has appointed Nathan Wares and Kate Mulham as head of distribution and head of marketing and communications, respectively.  

Sequoia announces three senior hires

Sequoia Financial Group has picked up new hires from ASIC, WT Financial Group and Praemium across its operations, legal, and compliance divisions.

Northern Trust appoints head of global fund services

Financial institution Northern Trust has appointed Caroline Higgins as head of global fund services in the Asia Pacific.

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