Adviser Ratings acquires ProductRex
Super and platform comparison tool ProductRex has been acquired by Adviser Ratings.
Mutual Limited Income option added to FirstChoice
The Mutual Wholesale Income strategy has been added to the CFS FirstChoice Investment and Super & Pension platform menus, effective 22 May 2023.
Australia’s ambitious renewables target drives investor capital
The Labor government’s target to nearly triple Australia’s share of renewable energy sources to 82 per cent from 27 per cent by 2030, as well as capital investment to upgrade the transmission grid, is helping drive capital inflows from both local and international investors.
Pressure mounts for financial institutions to do more to prevent investment scams
The pressure on banks and financial institutions to step in and prevent their customers from financial losses from investment scams continues to mount. While pressure is being applied to banks at the moment, other financial institutions such as super funds need to be on the alert.
BT completes round of Panorama updates
BT has updated Panorama to improve the user experience for the most frequent users of the platform – advice practices’ support staff. Based on feedback from advice teams after a pilot last year, BT launched its Service Request Tracker, a feature which can result in significant time savings for advisers and support staff. In a … Read more
Zurich partners with PFAN to extend professional insurance assistance
Zurich Financial Services has partnered with the Pro Bono Financial Advice Network to extend professional insurance assistance to those in particularly adverse or vulnerable situations.
ASIC to extend date for separate adviser registration requirement
ASIC will extend the date for the separate adviser registration requirement again, this time to October 2023. In a media release on Tuesday, the regulator announced the deferral of the Hayne royal commission recommendation, which is separate to the existing requirement for an AFSL to appoint any financial adviser that they authorise to the Financial … Read more
HESTA, REST support to boost First Nations’ constitutional inclusion
HESTA and REST’s public support for the Voice – the first super funds to do so – will boost the partisan and often-vitriolic campaign for First Nations inclusion and empowerment.
Strengths and flaws of licensees through the eyes of advisers
The rapidly changing financial advice industry has left some licensees struggling to keep up with the needs and demands of the advisers they authorise.
FNZ appoints non-executive director
Global wealth management platform developer FNZ has appointed Kirsty Gross to support the group’s growth strategy, governance, and risk management in the Australian market.
Govt appoints TPB chair
Peter de Cure has been appointed chair of the Tax Practitioners Board, replacing Ian Klug.
Allianz Retire+ appoints two state managers
Allianz Retire+ has appointed Stephen Armstrong and Natalie Philips as state managers.
