Hesitant to make policy confirmations at the early stages of consultation, Minister for Financial Services Minister Stephen Jones sees no future for the current long-winded Statements of Advice. However, the bad news for the profession is any advice-related legislation will have to contend with other national priorities.
Australian Ethical has sold its shares in Lendlease Group over its planned development at Mt Gilead in south-western Sydney, which could threaten the survival of one of the last remaining healthy koala colonies in NSW. In December, Australian Ethical warned it would divest its shareholdings in Lendlease if it proceeded with Stage 2 of the … Read more
While many super funds have been keen to push their “green” credentials, there is a new concern to rethink what is being publicly claimed due to increased scrutiny from regulators and environmental activist groups.
The $150 billion Aware Super has ambitions to nearly double the 115-person investment team to support the expected growth of its asset book by another 100 billion by 2027 and aims to open an office in London.
ASIC has made two interim stop orders preventing Interactive Brokers from issuing Stock Yield Enhancement Program (SYEP) Derivatives to retail investors because of deficiencies in the product’s Target Market Determination and Product Disclosure Statement.
Industry super fund First Super has appointed investment services provider IFM Investors to manage a new indexed international equities strategy. The strategy is designed to provide exposure to a diversified portfolio of publicly-listed global companies, with an aggregate overweight to those that have demonstrated a commitment to manage labour risk effectively and prioritises companies with strong … Read more
Industry mental wellbeing non-profit SuperFriend has appointed former Equipsuper CEO Nicholas Vamvakas as chair of its board of directors.
Private markets investment management firm Adams Street Partners has opened an office in Sydney.
The proposed changes to tax concessions for high superannuation accounts is unlikely to help close the super savings gap between men and women, according to researcher Morningstar.
Mine Super is taking a tougher approach to gig ticket, illiquid assets, looking for shorter-dated ones for liquidity and flexibility says CIO Seamus Collins.
A video interview with geopolitical expert Professor Stephen Kotkin looks at the investor implications of the Russia Ukraine conflict, the recalibration in the US China relationship and where the “real” geopolitical risk lies.
Cloud-based advice technology platform intelliflo has officially commenced operations in Australia. The goal of the provider is to increase the value of advice for Australians and use software and systems to make financial advice and investment more efficient and effective for both advisers and their clients. As part of the development of the Australian office, the … Read more
The investment intelligence behind Australia’s largest asset owners and their teams
In-depth interviews with leaders, experts and visionaries in the institutional investment community
Updates on the latest industry policy developments and regulation
The challenges and innovations of custody, technology and operational due diligence
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.
