Industry Updates

MLC Life nabs Cbus talent as chief technology officer

MLC Life Insurance has appointed Mirella Robinson to the newly created role of chief technology officer.

NZ Super appoints new chair

Guardians of NZ Super has appointed John Williamson as the Kiwi sovereign fund’s chair, replacing Catherine Drayton who is stepping down at the end of this week. 

Global pension assets approach $85t after 2023

Global pension assets have risen 11 per cent to reach US$55.7 trillion ($84.9 trillion) in 2023, according to the Thinking Ahead Institute’s latest Global Pension Assets Study. 

REST makes first impact investment in listed equities

Retail workers industry fund REST has made its first listed equity impact investment, committing $150 million into a mandate with asset manager Ninety One.  

Iress sells OneVue platform business to Praemium

Iress has agreed to sell its platform business, OneVue, to ASX-listed platform technology provider Praemium.  

Aware Super to fuel sustainability transition with global co-investment

Aware Super has made a US$50 million ($76 million) co-investment alongside Macquarie Asset Management (MAM) into a specialty infrastructure finance company helping to fund the North American sustainability transition. 

Super caps to increase in FY24

The Federal Government has confirmed increases in the standard concessional and non-concessional contributions caps for FY24.

AMP Advice launches Estate Planning Service with fintech

AMP Advice has partnered with fintech Yodal to provide financial planning practices with access to Estate Planning Service. 

Tasmanian Retirement Benefit Fund names JANA as consultant

The Tasmanian Retirement Benefit Fund has appointed JANA as its investment consultant.

SMSF Association chair re-elected

Brisbane law firm Cooper Grace Ward Partner Scott Hay-Bartlem has been re-appointed chair of the SMSF Association for another two-year term.

MSCI names former UBS executive as ANZ head

MSCI has appointed former UBS executive Shane Edwards as its managing director and head of Australia and New Zealand client coverage.  

Kaplan to offer three new designations

Industry education provider Kaplan Professional has partnered with the College for Financial Planning, a Kaplan US company, to offer three globally-recognised designations in Australia. 

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