Fund Company Update
/Raiz Invest Super to become part of AMG Super
HESTA and Mercy Super, UniSuper and Australian Catholic Super, Australian Ethical and Christian Super mergers finalised
Alcoa looking for a merger partner
Fund Regulatory Update
/IOOF subsidiary loses appeal, to pay tens of millions in compensation
Committee examines super funds’ BetaShares relationship
Westpac loses appeal in unlicensed personal advice case
Fund Product, Company, and Regulatory Updates as at 21 June 2016
/- Suncorp launches online-only super product
- QSuper and LGIAsuper membership now open to the public
- OneVue intending to merge with Diversa
- RBF-TAS and Tasplan merger approved
- ASIC and Singapore sign agreement
- ASIC warning
- Best interests duty enacted
- Civil penalty proceedings commenced against NAB
