SuperFriend appoints former Equipsuper CEO as chair
Industry mental wellbeing non-profit SuperFriend has appointed former Equipsuper CEO Nicholas Vamvakas as chair of its board of directors.
March 09, 2023
Private markets firm opens office in Australia
Private markets investment management firm Adams Street Partners has opened an office in Sydney.
March 09, 2023
intelliflo begins operating in Australia
Cloud-based advice technology platform intelliflo has officially commenced operations in Australia. The goal of the provider is to increase the value of advice for Australians and use software and systems to make financial advice and investment more efficient and effective for both advisers and their clients. As part of the development of the Australian office, the
March 08, 2023
Airlie founder to retire
Founder of Airlie Funds Management John Sevior has announced his intention to retire.
March 07, 2023
Australian women top region for financial confidence – but gender gap remains
Australian women are more confident than their Asia Pacific counterparts in their ability to manage their own money, according to research by Fidelity International.
March 07, 2023
Ian Knox to replace Bernie Ripoll as Otivo chair
Ian Knox will replace FoFA mastermind Bernie Ripoll as chair of digital advice service Otivo who will stay on as a non-executive director.
March 06, 2023
PGIM appoints head of institutional relationship group
PGIM has appointed Murray Brewer as head of its institutional relationship group for Australia and New Zealand. He is responsible for leading the firm’s growth plans and continued expansion of its regional institutional client base. Brewer has over 30 years of experience in Australia’s investment management industry. Before joining PGIM, Brewer was country head of
March 06, 2023
Over 500k taxpayers could be impacted if super balance cap isn’t indexed: FSC
Analysis of ATO data from the Financial Services Council (FSC) shows over 500,000 current taxpayers will be adversely impacted by the government’s proposed 30 per cent tax rate on earnings above $3 million. The modelling has produced examples of actual taxpayer impacts. Examples include: A 25-year-old IT professional earning $100,000 with a current superannuation balance of
March 03, 2023
ART announces executive restructure, two departures
Australian Retirement Trust (ART) has announced changes to its executive structure including a yet to be appointed newly-created role of chief of retirement to focus on ART’s retirement strategy. Chief member officer Karin Muller will depart the company in March to pursue other opportunities. Muller joined QSuper in 2015 and has held roles across information
March 02, 2023
Low barrier ethical investing option for Islamic Australians launched
Islamic financial services provider Meezan Wealth Management has launched a low-cost digital investing solution to remove obstacles to ethical investing for the wider Islamic community in Australia. The portfolio is managed by Lifespan Financial Planning’s investment committee and is underpinned by Melbourne-based investment platform, OpenInvest. Meezan said the solution, called Meezan Invest, would revolutionise the
March 01, 2023
Amundi appoints head of institutional sales
Asset manager Amundi has appointed Lawrence Wee as head of institutional sales in south Asia, based in Singapore. Wee brings more than 20 years of experience to the role. He previously worked as regional head of business development and marketing at Asset Management One. Before this, he headed the institutional sales teams at Manulife Investment
March 01, 2023
Dividends rose to new records in 2022: Janus Henderson
Global dividends grew strongly in 2022, rising 8.4 per cent to a record US$1.56 trillion ($2.31 trillion). After adjusting for the US dollar’s rise against most currencies and lower special dividends and other technical factors, underlying growth was stronger, at 13.9 per cent. Australian dividends hit $97.7 billion in 2022 – a record in Australian
March 01, 2023
