The head of advice for Australia’s second largest superannuation fund, Anne Fuchs, says Australian Retirement Trust sees financial advisers as an important source of revenue for the fund and support for those members who will need complex financial advice as they head towards retirement.
The FPA and the AFA have merged to form the Financial Advice Association Australia (FAAA), with AFA president Sam Perara stepping away from the merged entity.
Advice tech provider intelliflo has appointed Kate Fellows and Aaron Thiele as business development managers.
Asset management business Aviva Investors has appointed Shiqi Wang as client solutions director in the Asia Pacific.
APRA has found NobleOak Life is in breach of its prudential and reporting obligations concerning capital.
Australian Retirement Trust has appointed Andrew Fisher as head of investment strategy, while head of strategy for QSuper portfolios Damien Lillicrap has left the fund to pursue other opportunities. This week, ART celebrated the first anniversary of the merger between QSuper and Sunsuper which created the fund in its current form. Additionally, a head of … Read more
ETF provider Betashares has launched a practice development content offering that aims to help advisers develop their businesses.
After completion of two major mergers, the CEO of industry fund Cbus Super, Justin Arter, will retire in May. Chief investment officer Kristian Fok has been appointed interim CEO with the fund to conduct a search for a new CEO. Arter was appointed in July 2020 to lead Cbus and its merger-focused growth strategy. Since … Read more
The Financial Planning Association’s Future2 Foundation has expanded its scope to include members of the Association of Financial Advisers and the SMSF Association as participants in its charitable activities.
Institutional investment dollars continue to pour into renewables in Australia despite the capacity constraints in the energy transmission grid as momentum is accelerating in the race to net zero carbon by 2050.
New Zealand’s Financial Markets Authority (FMA) has issued a formal warning to Vanguard Australia for failing to lodge a required notice on the NZ Companies Office Disclose Register regarding action taken against it by ASIC.
The prudential and banking regulator chair has reassured the market around the strength and resilience of the Australian banking system in the wake of the collapse of Swiss investment banking firm Credit Suisse and Silicon Valley Bank in the US.
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