Class appoints GM
SMSF software company Class has appointed Kate Anderson as general manager of operations.
AustralianSuper appoints international & private equity head
AustralianSuper has appointed Mark Hargraves as head of international and private equity.
‘Fear of running out’ is real for many retirees: fund CEOs
Australians have been accused of living “more frugally” than they need to in retirement, but the reality when you talk to those nearing or in retirement is that there’s a lot of fear out there, according to Aware Super CEO Deanne Stewart.
Fund mergers drag on member satisfaction
Amid superannuation fund consolidation and a crackdown on poor member experience by the federal government, Roy Morgan research has revealed a near 10 per cent decline in member satisfaction. But overall satisfaction remains above its long-term average and pre-pandemic levels.
Sequoia recruits Jonathan Trapnell from Synchron
Sequoia has appointed former Synchron head of adviser support Jonathan Trapnell to assist the group in managing its education and licensee partnership programs.
Integro Wealth merges with Wealth Advantage
Private wealth firm Integro Private Wealth completed its merger with financial planning firm Wealth Advantage at the end of last week.
EQT distributes $122m in grants in FY23
Fiduciary service provider Equity Trustees gave out grants worth over $122 million in FY23, more than 32 per cent higher than the previous financial year.
Midwinter launches paraplanning program
Midwinter Financial Services has partnered with Scale Up Paraplanning, TNW Solutions, and Rocket Services to launch the Paraplanning Partners Program following a successful pilot phase.
Future Fund posts 6pc for FY23, warns of persistent lower returns
Australia’s sovereign wealth fund delivered 6 per cent in the financial year ended June 30, in what its chair, former treasurer Peter Costello, described as a challenging environment amid persistent inflation. The Future Fund board continues to manage expectations, warning returns over the near term will be lower than the market and community have become accustomed to.
The question all funds must ask before mastering a retirement solution
Funds are realising that meeting a member’s retirement income needs will likely require information, guidance and in some cases financial advice, combined with a product solution of some description. But Super-Rewards founder Pascale Helyar-Moray says ASFA’s retirement standard is not fit for purpose amid rising interest rates.
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.
