The International Investor Group on Climate Change says that without access to scope 3 carbon emissions data for a company, it is not possible for asset owners to fully understand and assess an investee company’s contribution to climate change.
AMP Advice has partnered with fintech Yodal to provide financial planning practices with access to Estate Planning Service.
The Tasmanian Retirement Benefit Fund has appointed JANA as its investment consultant.
Brisbane law firm Cooper Grace Ward Partner Scott Hay-Bartlem has been re-appointed chair of the SMSF Association for another two-year term.
As funds become less able to differentiate purely on performance in a world of benchmarking, CoreData founder Andrew Inwood says service standards have become the new key to member retention. Quality UX for members may stop them from switching, which large industry funds are particularly at risk of, his research suggests.
MSCI has appointed former UBS executive Shane Edwards as its managing director and head of Australia and New Zealand client coverage.
The touchy subject of member service is set to receive fresh scrutiny as regulators warn that funds will be held responsible for mistakes made by third-party service providers. In a series of in-depth interviews, Investment Magazine unpacks the root cause of the super sector’s administration problems and the steps some funds are taking to address it.
Industry education provider Kaplan Professional has partnered with the College for Financial Planning, a Kaplan US company, to offer three globally-recognised designations in Australia.
Wealth company LGT Crestone has appointed Ben Potter as partner, investment adviser to its Adelaide office.
The majority of Australians (87 per cent) trust themselves to choose the right retirement product over the government, a Financial Services Council poll has found.
Coalition MP Andrew Bragg has gone on a talkback radio spray about group insurance settings, accusing super funds of dragging their feet on death benefit payments to members and the government of being too soft on APRA. Meanwhile, REST faces a class action over default income protection arrangements, furthering scrutiny of the sector.
Indigenous leader, author and activist Thomas Mayo said superannuation policy was a feature in a disinformation campaign against constitutional recognition at the referendum. Mayo urged the super sector to continue to listen to First Nations communities on retirement issues even without a formal Voice to Parliament.
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.
