Minister for Financial Services Stephen Jones is keen open the door to super funds providing financial advice to members with an expected 5 million Australians in or approaching retirement over the next decade.
AUSIEX has released some preliminary findings from an upcoming refresh of its 2022 research paper, SMSFs Under Advice, a comparative analysis of the profile, trading activity and holdings of advised SMSF clients.
New Quantum Holding’s acquisition of the equities clearing business Morrison Securities is laying the foundation for its growing presence in the US, Middle East, and Asian markets.
Ethical investment manager Australian Ethical has made several additions to its leadership team.
Independent investment consultancy bfinance has appointed Olivier Cassin as its global head of investments and research. Cassin was previously with the firm from 2000 to 2014. He arrives from BNY Mellon, where he was head of EMEA client solutions. In his new role, Cassin will oversee all bfinance’s global research activities, including manager selection, portfolio … Read more
The Council of Australian Life Insurers has appointed Ben Marshan as director of policy and industry affairs and Michael Johnston as director of policy and advocacy.
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
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.
