HESTA appoints Pitcher Partners founder to board
HESTA has appointed Pitcher Partners founder Sue Dahn as a director to its board and as chair of its investment committee.
APRA to up scrutiny of Choice Super product failures
Close to 50 per cent of super fund Choice Super products with an eight-year history failed the performance benchmarks in 2022, according to APRA’s latest Choice Heatmap. The regulator has been intensifying efforts to lift the financial performance of superannuation funds that collectively manage a $3.4 trillion pool of retirement savings.
Iress ties up with HostPlus and IFS to offer scaled digital advice
Dominant financial advice tech provider Iress has partnered with HostPlus and Industry Fund Services to help address the advice gap. Utilising Iress’ digital advice solution, the industry fund hopes to offer advice to more Australians.
Exploring the unknown in ESG investment
Investors are faced with the difficulty of making good decisions when dealing with the ESG manifold challenges to corporate decision-makers and the heavy stakeholder pressure on them adopt costly and complex ESG practices in their businesses.
ASIC tweaks breach reporting guidance
ASIC has released updated guidance for RG 78 on making notifications to the regulator under the reportable situations regime, otherwise known as breach reporting.
Allianz Retire+ partners with Link Group for institutional distribution
Insurance company Allianz Retire+ has partnered with fund administrator Link Group to help super funds access the former’s suite of income solutions.
AFCA appoints former consumer advocacy lead to to board
The Australian Financial Complaints Authority (AFCA) has appointed former Consumer Action Law Centre CEO Gerard Brody to its independent board.
MLC managed account strategies reach $1b milestone
MLC Asset Management’s managed account strategies have surpassed $1 billion in funds under management in less than three years.
Lumiant acquires US-based health platform Genivity
Advice and client engagement platform Lumiant has longevity and health planning solution for financial advisers acquired Genivity.
North managed portfolios pass $9b in AUM
The managed portfolio range inside wrap investment platform North has grown by 420 per cent in the past two years, passing $9 billion.
TAL Risk Academy unveils adviser Code of Ethics series
TAL Risk Academy is launching ‘Ethics Month’ in May which will broadcast four CPD webinars focused on the financial adviser Code of Ethics.
Janus Henderson appoints fixed interest strategist
Janus Henderson has appointed Emma Lawson as fixed interest strategist in macroeconomics.
