Fund Regulatory Update
/ME Bank banking licence cancelled after acquisition
Aware FS fined for fees for no service
ASIC proposes lowering consumer compensation threshold from $20 to $5
Fund Company Updates
/BOQ buys ME Bank
Fund People Update
/Schroders boosts private debt team
SuperConcepts promotes chief information officer to CEO
WTW appoints head of financial solutions for AU & NZ
ME Bank welcomes new board member
HESTA appoints GM of portfolio construction and risk
WA Super loses COO after merger
Risk People Update
/QIC welcomes new GM
Stanford Brown announces new partner
Suncorp appoints new banking and wealth CEO
ME Bank CEO resigns
NAB Private executive resigns
ANZ loses advice head
Fund Product, Company and Regulatory Updates as at 12 May 2020
/T. Rowe Price launches new high-income fund
Ares and Fidante joint venture bears fruit
BetaShares launches new ETF
CFS shutters fund, investment options
NN2 Capital launches new hedge fund
JANA expands service offering to advice firms
QSuper and Sunsuper merger delayed
Westpac reviewing business units
ISA and ME Bank in urgent hearing
