Cbus appoints Fok as permanent CEO
Cbus Super has appointed Kristian Fok as chief executive and Marianne Walker deputy CEO.
Green light for super funds to take on more advice
The government’s Quality of Advice Review response will open the door to expand the scope of advice that funds can provide and will give clarity around the practices for the payment of adviser services fees.
Pascoe Partners launches online investing solution
Accounting and advisory firm Pascoe Partners has launched online investing solution Pascoe Partners Invest in collaboration with investment platform OpenInvest.
David Knox receives OAM for service to the financial sector
Mercer senior partner David Knox has been made a Member of the Order of Australia for his service to the financial sector.
Zurich appoints chief claims officer
Zurich Financial Services has appointed Matt Paterson as chief claims officer in Australia and New Zealand.
Count appoints M&A expert to board
Count has appointed M&A expert Tim Martin to its board who has also been selected as the chair of the acquisitions committee.
HESTA hits initial 2030 Scope 1, 2 portfolio emission targets
The $72 billion HESTA announced on Friday it had hit its initial carbon reduction target of a 33 per cent in Scope 1 and Scope 2 emissions by 2030, some eight years ahead of plan.
Generation Life launches updated investment-linked retirement product
Generation Life has launched its next generation of investment-linked lifetime annuity offering LifeIncome which gives retirees more flexibility for example to include a loved one other than a spouse as a the reversionary beneficiary when LifeIncome is commenced with non-super money.
Inflation stickier, economies more resilient than markets predict
Despite rising interest rates showing no signs of plateauing and hitting levels unseen by many professionals, lower volatility in rate movements will benefit the economy, some experts argue.
AMP sells off SuperConcepts
SMSF administration service SuperConcepts is the latest part of AMP’s business to be shipped off as the wealth manager continues to streamline operations. Former Count CEO Matthew Rowe will lead the company after the transition to private equity owners is completed.
Increased investor focus on ensuring a ‘just transition’
Investors in Australia are increasingly focused on ensuring a just transition for affected communities and workers due to the push to decarbonise the global economy.
Rowell to depart APRA
APRA deputy chair Helen Rowell will step down from her role at the end of June. Rowell first joined APRA over 21 years ago, just a few years after APRA was established and her departure will coincidence with the regulators 25th operational year.
