MLC appoints two executives to retail distribution team
MLC Life Insurance has appointed Jarrad Wilson and Rob Dassie as head of distribution for the northern region and southern region, respectively.
FPSB updates global financial planning standards
The Financial Planning Standards Board (FPSB) has released updated global financial planning standards.
Do superannuation fund members benefit from large fund size?
It is time to abandon ‘the size is good’ mantra that is helping drive a wave of merger activity among super funds in Australia. Focus should turn towards whether large and growing funds have effective operating models to succeed at scale.
Infocus launches new functionality
Infocus has launched the ‘Magic Button’ functionality which will integrate the licensees advice management system PlatformplusAMS and platform PlatformplusWRAP.
ART has no plans to expand into complex advice: Fuchs
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.
FPA & AFA officially merge to become FAAA
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.
intelliflo appoints BDMs
Advice tech provider intelliflo has appointed Kate Fellows and Aaron Thiele as business development managers.
Aviva appoints client solutions director
Asset management business Aviva Investors has appointed Shiqi Wang as client solutions director in the Asia Pacific.
APRA finds NobleOak in breach of prudential and reporting obligations
APRA has found NobleOak Life is in breach of its prudential and reporting obligations concerning capital.
ART appoints Andrew Fisher to head investment strategy
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
Betashares launches practice development offering
ETF provider Betashares has launched a practice development content offering that aims to help advisers develop their businesses.
Cbus CEO Justin Arter to retire in May
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
