Industry Updates

MLC Life hires three in distribution team

MLC Life Insurance has made three appointments in its northern region retail distribution team.

ASFA names former HESTA executive Mary Delahunty as CEO

The Association of Superannuation Funds of Australia has appointed former HESTA executive Mary Delahunty as CEO.

Rest commits $1 billion to green data centres

One of Australia’s largest industry super funds, Rest, has invested $1 billion in green data centres via renewable and clean energy infrastructure manager Quinbrook Infrastructure Partners, committing to further the sustainable digitisation progress.  

Coredata appoints Dean Thomas as APAC head

Coredata Research has appointed Dean Thomas as CEO of CoreData APAC.

The best of financial planning in Australia recognised at inaugural FAAA Awards

The Financial Advice Association Australia (FAAA) has announced the 2023 winners of the inaugural FAAA Awards across six professional categories.

Super Members Council announces inaugural CEO

Political journalist and industry association leader Misha Schubert has been named as the first ever CEO of the Super Members Council of Australia, which was formed by the merger of AIST and Industry Super Australia.

Total super assets hit $3.56 trillion in September: APRA

Australia’s total superannuation assets have increased 8.5 per cent year on year to $3.56 trillion in September 2023, according to the latest quarterly figures from the Australian Prudential Regulation Authority (APRA).  

New Acadian paper highlights extension strategies

Investment manager Acadian Asset Management has released a new paper, identifying the differentiation of strategies that improve risk-adjusted performance from those that simply amplify active risk as one of the biggest challenges for professional investors.  

CFS launches new integration feature for FirstChoice platform

Colonial First State (CFS) has introduced a new technology to its FirstChoice platform, aiming to reduce set-up time for new and existing accounts via integration with wealth management software Xplan and existing client data.

Growth funds’ returns dip in October: Chant West

The return of median superannuation growth funds (invested 61 to 80 per cent in growth assets) fell 1.5 per cent in October, according to fund research group Chant West.  

COG takes ClearView’s Centrepoint holdings

COG Financial Services has acquired 19.99 per cent of Centrepoint for $13 million, just days after pulling its rival offer for Diverger.

Count amends Diverger offer

Count has amended its binding scheme implementation agreement to acquire Diverger, announced in September and due to be completed in February.

Previous Next