ASIC lifts DDO stop orders on Clearview
ASIC has lifted its interim Design and Distribution Obligation stop orders on two Clearview Income Protection Covers, which it introduced last week.
EQT adds Future Super; announces board changes
The superannuation trustee arm of Equity Trustees has started the financial year picking up the Future Super Fund as a client, as well as announcing two board appointments.
Nuveen appoints head of consultant relations
Global asset manager Nuveen has appointed Jaxon Rudduck as head of APAC ex-Japan consultant relations.
EQT adds Future Super; announces board changes
The superannuation trustee arm of Equity Trustees has started the financial year picking up the Future Super Fund as a client, as well as announcing two board appointments.
Spark Financial makes several personnel changes
National dealer group Spark Financial has appointed Damien Kirby and Tennille Catchpole as advice and compliance coaches.
CFS CIO spies opportunity in unlisted asset ‘valuation discrepancies’
Amid heightened regulatory and media focus on the valuations of unlisted assets, Colonial First State investment chief Jonathan Armitage says being underweight real estate and infrastructure is now a competitive advantage.
APRA governance edict backs ESG principles: UN PRI
The United Nations Principles for Responsible Investment body is reading APRA’s finalised investment governance guidance as an endorsement of a portfolio construction approach that bakes in sustainable and social impact objectives.
Industry and regulators get to grips with scale of the retirement income challenge
The joint thematic review by APRA and ASIC highlights how the challenges associated with implementing the Retirement Income Covenant are being felt by all parts of the retirement ecosystem. But given the regime is just one year old, it would be dangerous to jump to early conclusions.
AMP announces re-shaped executive line-up
Matt Lawler and Edwina Maloney will be part of the AMP executive team, along with a future head of superannuation and investments, as part of the executive re-shuffle that included the departure of wealth CEO Scott Hartley. The organisation announced the departure Hartley in May because of a move to a flattened corporate structure due … Read more
QAR intra-fund advice proposals to boost female members’ balances
Super funds that step in to offer more financial advice to members after the Quality of Advice Review are contemplating whether the new product offering could help to narrow the superannuation balance gap among male and female members. NGS Super CEO Natalie Previtera says young women could be the big winners.
MLC Life appoints head of group pricing
MLC Life Insurance has appointed Brett Pickett as head of group pricing with a focus on securing major partners in the superannuation sphere. Pickett has more than 20 years’ experience in insurance and economics, including as head of TAL’s group risk finance team and most recently leading TAL Australia’s strategic capital and commercial solutions. Brett … Read more
