Iress has appointed Cameron Williamson as group chief financial officer. His appointment follows a thorough candidate search and evaluation process following the appointment of previous CFO John Harris to the role of CEO of the portfolio division in April. Williamson has over 25 years of experience leading finance operations in Australia and around the world. … Read more
Alternative real estate investment manager Qualitas has appointed David Porter and Tom Keenan as head of institutional capital and as head of international wholesale capital, respectively. Porter, who joined Qualitas from BlackRock Australia, has 25 years’’ experience and will build and maintain relationships with institutional clients across Australia and the world, with a focus on … Read more
Portfolio construction consultant InvestSense has appointed John Nicoll as distribution executive. Nicoll has over 22 years of experience in financial services. He was previously the national head of sales at research house Zenith Investment Partners. InvestSense’s assets under management recently surpassed $2 billion.
Australia was ranked third overall in the latest edition of the landmark transparency measure, lifted by AustralianSuper rocketing up the chart from seventh to third place among individual funds. But while local players ranked well on transparency over governance and performance, their disclosure of responsible investing lags global best practice.
ASIC has issued an interim stop order on the Clearview ClearChoice Income Protection Cover and Accidental Income Protection Cover, relating to two underlying products.
Minister for Financial Services Stephen Jones has warned superannuation funds the government expects them to improve member experience, including on group insurance and retirement strategies, or face consequences of regulatory intervention.
Midwinter Financial Services has announced that CQUniversity Australia’s financial planning students have completed Term 1 using its financial planning software. Midwinter partnered with CQUniversity in March to provide the software to students undertaking financial planning units. With this partnership, Midwinter supports CQUniversity with access to the technology students will use once they enter the workforce, … Read more
Industry super fund Hostplus has injected a further $100 million into the IP Group Hostplus Innovation Fund, having already contributed $210 million.
A joint review by APRA and ASIC has found superannuation funds are failing to meet their obligations under the Retirement Income Covenant, which took effect 12 months ago. Too many are not implementing retirement strategies into their business plans or analysing their members’ needs, according to ASIC commissioner Danielle Press.
The Albanese government has given its strongest indication yet that it is open to a more radical expansion of intra-fund advice, with super trustees likely to be able to able to advise members on topics beyond their interests in the fund.
Firetrail head of investment strategy Anthony Doyle has joined the certification assessment panel of Responsible Investment Association Australasia.
The Australian Prudential Regulation Authority (APRA) has finalised a new prudential standard to ensure banks, insurers and superannuation trustees better manage operational risks and respond to business disruptions.
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.
