AstuteWheel has celebrated its eleventh anniversary by launching version 4.0 of its engagement software, which includes a secure client portal, enhanced CRM functionality, and practice management/business improvement tools.
BT has appointed head of account management Jason Brown to lead its distribution team. He has been acting in the role since December 2022, when previous head of distribution Chris Mather moved to CFS. Brown has over 30 years of experience in financial services and has worked at BT across business development and account management … Read more
Highly respected business strategist and former Synchron independent chair Michael Harrison passed away on Sunday, 21 May 2023, after a long illness. He was 78-years-old.
Asset manager Nuveen has invested US$190 million ($286 million) from industry funds Cbus Super, Hostplus, and TWUSUPER in its US Cities Workplace strategy. Nuveen’s US Cities Workplace strategy – which sits within the firm’s global resilient series – invests in alternative workplace assets across the medical office, life science, technology R&D, and studio production sectors … Read more
The Financial Services Council (FSC) has appointed CFS chief executive Kelly Power to its board. Power has over 20 years of experience in financial services. Prior to Colonial First State, she was the head of platforms at BT Financial Group, where she also held several other executive management roles.
With its superannuation business hitting $500 million of assets under management and 10,000 members since opening its doors six months ago, US passive investing giant Vanguard is taking steps to further bolster its retail business.
The Federal Court has ordered AMP Financial Planning and AMP Life pay a monetary penalty of $24 million after proceedings brought against it by ASIC.
The Federal Court has ordered MLC Life Insurance pay a $10 million penalty for failing to pay promised benefits, resulting from a lack of appropriate systems to administer its insurance policies. In addition to the $10 million penalty, MLC has provided approximately $11.8 million in remediation to approximately 1,000 impacted customers. The court made declarations … Read more
A recent report has highlighted that financial return remains a key hurdle for superannuation funds’ involvement in affordable housing amid the Federal government’s push to attract institutional capital into the sector.
Super funds and product providers have been strategising and executing their response to the Retirement Income Covenant that came into effect in July 2022. Investment Magazine surveys the market to find out who is doing what.
ASIC made eight interim stop orders on 16 May 2023, preventing Saxo Capital Markets (Australia) from issuing some new Contracts for Difference to retail clients because of deficiencies in their Target Market Determinations.
The inevitable move to more modern food production will create investment opportunities as the food industry moves to revolutionise but also reduce its own environmental impact. PGIM thematic research group director Jakob Wilhelmus outlines the risks and opportunities inherent in this mega theme.
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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.
