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

‘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

Lonsec makes three executive appointments

Lonsec Holdings has appointed Bruce Hawkins as chief operating officer, Naomi Christopher as head of marketing and PR, and Steve Garth as chair of the product investment oversight committee. Hawkins has over 30 years of experience in financial services with an extensive track record across investment platforms, superannuation, and life insurance. He has held several … Read more