Russell Investments expands sustainable managed portfolios
Russell Investments has expanded its sustainable managed portfolios to include multi-asset conservative, diversified 50, and high-growth options.
TISLife joins Count’s advice community
Community-focused advisory firm TISLife has joined Count’s national advice community.
Purpose of super campaign betrays ‘three pillars’: Coalition
The federal opposition says the government’s focus on legislating a purpose for the superannuation system fails to place sufficient priority on home ownership and the age pension, in breach of the conclusions of the 2021 Retirement Income Review. Shadow Minister for Finance and former AustralianSuper employee Jane Hume says a “purpose of retirement” debate would better serve consumers.
Opposition rejects ‘carve-out’ for super funds on financial advice
Amid criticism over its past performance managing the sector, the opposition has called on the government to take swift action on all 22 Quality of Advice Review recommendations to close out a decade-plus stream of regulatory reform. If need be it will seek a mandate from the general public at the polls.
State Super selects Premialab for portfolio management & risk solutions
State Super has selected independent software platform Premialab to assist in the delivery of portfolio management and risk solutions.
AI-powered mental health app tackles stigma & support gap
MLC Life Insurance has launched a pilot of Wysa Assure, an AI-based mental health support application, in partnership with Swiss Re Reinsurance Solutions.
Iress tech to fuel merger
Industry superannuation funds Spirit Super and CareSuper have selected the technology of software company Iress as the foundation for their merged entity.
Shadow ministers to take aim at $185b budget spend, QAR response
Shadow Treasurer Angus Taylor and Shadow Finance Minister Jane Hume will on Monday unveil their alternative vision for management of the Australian economy and policies impacting the financial services industry.
FAAA sees 9500 member renewals
The Financial Advice Association has received 9525 membership renewals which includes 8093 practitioners.
Asset owners cannot ‘divest climate risk’: IGCC
Rebecca Mikula-Wright, CEO of the Investor Group on Climate Change, said asset owners around the world need to quickly get up-to-speed on the “least-understood risk in the economy”. Local funds are hoping the Australian government’s planned decarbonisation pathways and taxonomies will help give them clarity and confidence.
SuperConcepts & EQT enter into service agreement
SMSF administration provider SuperConcepts has entered into an enterprise service agreement with Equity Trustees to continue servicing the administration needs of its Australian Executor Trustees platforms business.
