The Council of Australian Life Insurers will take over responsibility for the Life Insurance Code of Conduct from the Financial Services Council on Friday and says stakeholders, including super trustees, should hold insurance partners to their commitments under the code.
Industry super funds Mine Super and TWUSUPER have signed successor fund transfer deed as part of their merger discussions.
The hidden costs of unpaid care have significant implications for women’s productivity and financial well-being, according to research conducted by HESTA over 2022 and 2023.
Fintech company Bobbob has paid $53,280 to comply with infringement notices regarding representations it made about a crypto-asset-linked investment product.
Wholesale trading platform AUSIEX has partnered with online trading and investment specialist Saxo Australia to provide an integrated international trading solution for advisers.
Betashares will directly enter the superannuation market after reaching has reached an agreement with Bendigo and Adelaide Bank to acquire Bendigo Superannuation.
Life insurer AIA Australia has appointed George Stavliotis as general manager of group partnerships, focusing on the group insurance sector.
Vanguard has been vocal in its support of the Quality of Advice Review recommendations, but says it has no plans to expand its advice services if the laws change, instead relying on simple tools and calculators. The comments by Vanguard Australia MD, Daniel Shrimski, come as the wealth giant prepares to launch a pension product by year’s end.
As diplomatic tensions between Australia and China start to improve, the chief investment officers of three pension funds abroad are re-evaluating their exposure to the world’s second-largest market. While they have concerns, the investors are resisting full divestment for now.
Colonial First State has appointed Suncorp Bank CEO Clive van Horen to the role of group chief executive officer, following an extensive global search.
Payton Capital has picked up Qualitas chief risk officer Robert McLellan for the same role.
Franklin Templeton has appointed Thakshi Wijesundara as senior institutional business director.
The investment intelligence behind Australia’s largest asset owners and their teams
In-depth interviews with leaders, experts and visionaries in the institutional investment community
Updates on the latest industry policy developments and regulation
The challenges and innovations of custody, technology and operational due diligence
Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.
We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
