Schroders Australia appoints multi-asset fund manager
Schroders Australia has promoted Adam Kibble to the role of multi-asset fund manager.
Purpose of super law to herald tax reform
The government’s intent to legislate an objective for superannuation will give successive governments clear guidelines to test future policies as well as provide legal rationale for super tax reform. However, some have also argued the objective should encompass the entire retirement system, not just limited to super.
Super funds’ complaint process under regulator’s scrutiny
Super funds’ complaints handling processes are firmly in the spotlight after ASIC identified several problem areas that need fixing.
Mercer’s Bryant to lead parent company’s Pacific operations
Mercer Pacific president David Bryant will take on dual roles and has been named CEO of Marsh McLennan Pacific. In a press release from Mercer, it said Bryant would commence in the new role from 1 March. Marsh McLennan is the parent company of Mercer, as well as insurance broker and risk management firm Marsh, … Read more
Government continues to target inflation, living costs
The Albanese government will be targeting spiralling inflation and living costs in its second budget in May.
Kaplan sees boost in CPD content usage amid further content launches
There have been almost 325,000 competitions of digital CPD modules in Kaplan Professional’s financial adviser content library, Ontrack, in 2022. Despite the industry losing thousands of advisers annually since the Hayne royal commission, the education provider noted this a 15 per cent increase over the previous year. There are close to 26,000 subscribers to Kaplan’s … Read more
Munro Partners appoints portfolio manager
Munro Partners has appointed Qiao Ma to the role of portfolio manager. Ma has 15 years of experience in finance and investing, with a focus on global long/short equities. Before joining Munro, she was a portfolio manager at the Melbourne-based Cooper Investors. Prior to that, she spent nearly a decade with hedge funds in New … Read more
ACMA instructed to investigate implementation of SMS ID register
The government has requested the Australian Communications and Media Authority (ACMA) investigate the implementation of a SMS sender ID register. In a joint media release on Monday morning on behalf of the communications and financial services portfolios, it said this system has been successfully used to deter scammers in other countries. Sender ID scams trick … Read more
Australian Ethical appoints general counsel & senior equities analyst
Australian Ethical has appointed Mellanie Lumby as general counsel and Michelle Wigglesworth as senior equities analyst. Wigglesworth has over 17 years of experience in funds management, with a background in conducting detailed fundamental research and valuation of Australian equities. Her expertise covers ASX-listed banks, real estate, insurance, diversified financials, and technology. She most recently served … Read more
Rest appoints Scott Tully to six-month deal
Industry fund Rest has appointed Scott Tully to a six-month contract as head of investment option development.
‘Make their views known’: Jones seeks to consult on final advice review proposals
The government will consult on the final proposals of the Quality of Advice Review in a wide set of recommendations − including giving super funds more leeway to offer members advice − to make the industry more accessible and affordable to Australians.
Australian Retirement Trust picks State Street as custodian
Australian Retirement Trust (ART) has selected State Street Corporation as custodian and investment administrator following a competitive tender process. ART is the merger of Sunsuper and QSuper. The combined super fund has more than A$230 billion assets under management. ART’s chief financial officer Anthony Rose said in a media release the appointment of State Street … Read more
