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.
ACSI urges companies to do better on slavery reporting
Only 8 per cent of Australian companies have identified a modern slavery incident or allegation, which proxy advice firm ACSI believes does not accurately reflect the extent of the modern slavery challenge.
‘Dangerous and concerning precedent’: Advice associations warn on super tax consult
Two major advice associations have spoken out during consultation on the 30 per cent marginal tax rate proposal for super accounts holding over $3 million. The Financial Advice Association of Australia and SMSF Association have both suggested there are multiple kinks in the regime that need to be ironed out to avoid unintended consequences.
Plutosoft launches bulk RoA functionality
Plutosoft has launched ‘Bulk Activities,’ a functionality that allows advisers to bulk produce client reports.
Global X appoints portfolio manager
Global X ETFs has appointed former BetaShares assistant portfolio manager Jessica Leung as a portfolio manager.
2023 ACSI conference: The conscience of investing
Held in the Emerald City this year, ACSI’s flagship annual conference will highlight the importance of managing human capital and human rights as the transition to a net-zero economy accelerates.
‘Could do better’, ASIC tells super industry after insurance review
An ASIC review has found super fund trustees need to do more to optimise the benefits their members receive from group insurance through super.
Future Fund appoints ex Carlyle MD to head up PE team
The Future Fund has appointed David Bluff from US private equity giant Carlyle Group to head up its private equity team, reporting to deputy chief investment officer Alicia Gregory.
DASH hires 10 staff following capital raise
Financial advice platform DASH Technology Group has hired 10 staff across several teams after the fintech company completed a capital raise in March.
UniSuper mandates Revolution to invest in A$, NZ$ B-BB senior loans
The $115 billion UniSuper has mandated local fund manager Revolution Asset Management to invest in non-investment grade senior loans in Australia and New Zealand amid deteriorating credit market conditions and improving yield.
Brighter Super & SPSL to complete $29b merger
Brighter Super will merge with SPSL Master Trust (SPSL) on 31 May 2023 to create a $29 billion super fund with over a quarter of a million members, the first between a not-for-profit and retail super fund.
