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.
The Commonwealth Bank of Australia (CBA) has almost doubled remediation coverage to CountPlus for past misconduct when it owned Count Financial.
Over half of candidates passed the November adviser exam, according to results released by ASIC.
PGIM Investments has appointed Matt Shafer as head of international distribution.
Ausbil CEO Ross Youngman will retire in the third quarter of 2023 after five years in the role.
Naomi Edwards has been appointed to the board of life insurer TAL as an independent non-executive director.
BT head of distribution Chris Mather has moved to CFS and will commence in the newly established role of executive director for new business.
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.
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 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).
Life insurer AIA has formed a partnership with the Australasian Menopause Society to provide education on menopause to its super fund clients, employers and members.
Asset owners and portfolio managers are using an array of strategies including reducing equity exposure, increasing hedging and finding inflation-beating stocks and markets to build resilience in equity portfolios during this sustained period of heightened inflation.
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.
