After a 39-day investigation the Australian Competition and Consumer Commission (ACCC) has cleared the $48 million sale of IWL’s financial planning software business, Visiplan, to rival firm IRESS.
FNZ tipped as Axa UK wrap provider
The New Zealand-created wrap that landed a £35.5 million contract to supply the technology for the Standard Life platform in the UK two years ago is understood to have signed Axa as its next major client.
Conexus Financial, come on down
Conexus Financial, the publisher of Investment & Technology Magazine and I&T News, has had a slight change of address.
CMSF plenaries now on-line
The plenary sessions from March’s Conference of Major Superannuation Funds (CMSF) are now available in digital video form on the web.
BT head of operations resigns…
BT Financial Group (BTFG) is searching for a new head of operations following the resignation of Michael Garrett last week.
…while Aon financial planning picks one up
The financial planning arm of diversified financial services provider Aon Australia has recruited a new head of operations.
Providers queue up for KiwiSaver inflows
With less than a month to go before New Zealand’s semi-compulsory workplace savings scheme kicks off, 14 providers have registered approved KiwiSaver products with the Government Actuary.
Qantas Super here to stay as it seeks CEO
In a move that confirms its intention to remain one of the dwindling number of stand-alone corporate funds, Qantas Superannuation has hired a Sydney recruitment firm to find a new CEO.
ACT Govt Super replaces asset consultant
The $3 billion ACT Government Super scheme has replaced its long-time asset consultant, Frontier Investment Consulting.
Watson Wyatt loses senior consultant to funds management
One of Watson Wyatt’s most senior consultants has resigned and plans to return to funds management, possibly with a boutique.
BT considers more alternatives
BT Financial Group is looking at expanding the alternative options in its ‘Investment Solutions’ multi-manager funds following the appointment of Watson Wyatt as investment consultant to the funds last week.
Former MLC private equity team hang shingle
The erstwhile private equity team at MLC has started its own specialist advisory firm, which is seeking permanent capital for a global fund-of-funds.
