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.
Betashares bolsters adviser services team
Fund manager Betashares has appointed John Bezich as state manager for Western Australia.
Top 10 super fund performance battered in 2022
The performance of most of Australia’s top 10 super funds was negative in 2022 as global stocks and bonds were pummelled by the highest inflation rise since the 1970s.
Life insurance critical to objective of super: MLC Life
MLC Life Insurance has made the case for group insurance in a submission to the federal government’s consultation paper on legislating the objective of superannuation.
Climate Council appoints philanthropist and RBA board member as chair
Prominent business and community leader Carol Schwartz has been appointed as the chair of the Climate Council.
