FAAA names Gwen Fletcher Memorial Award winner
The Financial Advice Association has named Andrew Dickinson as the winner of the Gwen Fletcher Memorial Award for semester two of 2023.
Schroders appoints equities analyst
Schroders Australia has appointed Elise Kennedy as equities analyst, with responsibilities encompassing technology, healthcare providers/logistics, small cap general retail, and office property trusts.
Australian Ethical leans into engagement, but won’t hesitate to divest
As global consensus shifts behind active ownership as best practice on ESG, Australian Ethical says it will engage heavily with companies this AGM season, and was part of the consortium that had stern words with Boral over its carbon emissions commitments. But the fund’s ethical stewardship lead, Amanda Richman, says it will still use the “blunt tool” of dumping stock where necessary.
How nature-related disclosure will impact Aussie portfolios
Asset owners will be on a steep learning curve working out how their investment portfolios interact with – and impact – nature. They should start preparing now to meet the recommendations of the Taskforce on Nature-related Financial Disclosures.
Rising volatility calls for swift adviser action
Financial advisers must be increasingly nimble, agile, and flexible in the current volatile economic and geopolitical environment, according to Asia Group partner and chair Arthur Sinodinos.
Close to half of CFA Level III candidates pass the exam
CFA Institute has announced that of 16,035 candidates worldwide who sat for the Level III Program exam in August 2023, 47 per cent passed.
How super saved Australia from becoming a ‘banana republic’
Australia has shifted from being a capital importer, which it has been for most of its history, to a capital exporter. And as the sector has grown exponentially and turned to global markets for investment opportunities, superannuation funds are a big part of the story.
AFCA tells funds to review death benefit payout processes
Superannuation funds continue to struggle with limited resources to pay out claims in a timely manner, prompting a spike in complaints. Ombudsman Heather Gray has urged funds to review their processes and procedures.
WT Financial Group appoints NED
ASX-listed advice group WT Financial Group has appointed Chelsea Pottenger as a non-executive director, replacing Michael Harrison, who is retiring from WTL to focus on external commercial interests.
TelstraSuper introduces new retirement income offering
TelstraSuper has launched a new retirement income product, RetireAccess Lifetime Pension, designed to give retirees more confidence to spend money without fear of their savings running out or being eroded.
Magellan CEO David George steps down
Magellan Financial Group CEO and managing director David George has departed the business. The group has appointed a new executive chairman, Andrew Formica, while it searches for a replacement.
Minchin Moore appoints former Morningstar managing director to its team
Independent private wealth firm Minchin Moore has appointed former Morningstar Australia and New Zealand managing director Jamie Wickham to its team.
