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.
ART makes 3 executive changes
Superannuation fund Australian Retirement Trust has made three executive changes including within its advice and membership divisions. Head of advice, guidance, and education, Anne Fuchs, has been promoted to executive general manager of advice, guidance, and education. Fuchs has held the role of head of advice role at ART for the last eight years (including … Read more
Renewables to benefit from government’s carbon transition push
Australia is at the beginning of a rapid carbon transition with major implications for renewable energy projects and a range of economic sectors, with a lot of moving parts yet to align, experts say.
Zenith & Chant West achieve B Corp certification
Global non-profit organisation B Lab has granted B Corporation certification to Zenith Investment Partners and Chant West. B Lab identified that the two businesses had met high standards of social and environmental performance, transparency, and accountability. Zenith and Chant West will continue working with the global business community to meet rising social and environmental performance … Read more
Former FSC head appointed as Ignition Advice chair
Digital advice firm Ignition Advice has appointed former Financial Services Council CEO Sally Loane as chair. Loane is an experienced chair, non-executive director, and business leader. She replaces the firm’s inaugural chair Peter Meurer, who is stepping down after serving eight years. She will work with Meurer and the Ignition board during the transition period. Loane departed … Read more
FSC releases updated template for TMDs
The Financial Services Council has released an updated template Target Market Determination for fund managers. The refreshed TMD template intends to complement other FSC products that assist with Design and Distribution Obligation compliance and reduce industry costs, including DDO data standards, FSC guidance on implementing the DDO in investment portfolios, and an FSC standard questionnaire … Read more
