MPG stop order revoked
Stop orders issued by ASIC for two MPG Funds Management products have been revoked.
ART launches new digital service
Australian Retirement Trust has launched a digital tool to streamline the superannuation onboarding process.
Super fund industry put on notice to lift service standards: Jones
Financial services minister Stephen Jones believes the super fund industry needs to lift the standards of member services and having a competitive industry will drive product innovation including better retirement income products.
CBA boosts remediation coverage for CountPlus
The Commonwealth Bank of Australia (CBA) has almost doubled remediation coverage to CountPlus for past misconduct when it owned Count Financial.
November adviser exam sees 57pc pass rate
Over half of candidates passed the November adviser exam, according to results released by ASIC.
PGIM appoints new head of distribution
PGIM Investments has appointed Matt Shafer as head of international distribution.
Ausbil CEO to retire
Ausbil CEO Ross Youngman will retire in the third quarter of 2023 after five years in the role.
Former Spirit Super chair appointed to TAL board
Naomi Edwards has been appointed to the board of life insurer TAL as an independent non-executive director.
CFS nabs Mather from BT
BT head of distribution Chris Mather has moved to CFS and will commence in the newly established role of executive director for new business.
Over 90pc of advisers plan to increase fees next year: Adviser Ratings
A poll released by Adviser Ratings found 93 per cent of planners intend to increase their fees next year, while funds under advice steadily rises.
ALRC should prioritise advice regulations: FPA
In its latest submission to the Australian Law Reform Commission’s (ALRC) Review of the Legislative Framework for Corporations and Financial Services Regulation, the Financial Planning Association has suggested financial advice regulations are prioritised for transitioning to the ALRC’s proposed structure of the legal requirements based on thematic rulebooks.
LGT and StepStone offering open-ended venture capital fund
LGT Crestone has partnered with StepStone Private Wealth to offer a new open-ended venture capital fund called the StepStone Private Venture and Growth Fund (SPRING).
