Risk Product, Company and Regulatory Updates as at 17 December 2019

Risk Product, Company and Regulatory Updates as at 17 December 2019
  • AMP introducing annual advice agreements for ongoing advice

  • MLC Life switched for OnePath by Qantas Super

  • Madison Financial Group rebranding to Sargon Adviser Services

  • Standford Brown buys World Square FS

  • ASIC files proceedings against TAL for IP claim handling

  • APRA: IOOF acquisition of OnePath Pensions and Investments approved

  • Westpac update

  • New elder abuse register

  • ASIC banning life insurance cold calling

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ESG Update as at 10 December 2019

ESG Update as at 10 December 2019
  • Good Super closes four ESG-themed options

  • Boutique launch Impact Fund into impact investing space

  • First Super watching Orbis amidst ESG concerns

  • BetaShares launches first green bond ETF

  • A year of Women in Super

  • Rest climate risk trial scheduled

  • RIAA: responsible investments are outperforming peers

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Risk Product, Company and Regulatory Updates as at 3 December 2019

Risk Product, Company and Regulatory Updates as at 3 December 2019
  • OnePath terminal medical condition feature broadened to policies outside super

  • Aberdeen rolling out ‘bionic’ advice to increase engagement

  • Aviva global restructure

  • CommInsure sentenced for hawking (and new gift voucher campaign)

  • ASIC report on compliance with advice fee disclosure

  • APRA intervention on disability income insurance

  • APRA consulting on proposed revisions to insurance in super

  • Degrees added to FASEA-approved courses list

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ESG Update as at 26 November 2019

ESG Update as at 26 November 2019
  • NZ government putting pressure on ACC for not doing enough about climate change

  • Vison Super files resolution calling for BHP to suspend those not backing Paris agreement

  • Ausbil IM first Australian company to sign Investor Declaration on Plastic Pollution

  • EU finance ministers want stop to funding of oil, gas and coal projects with EU money

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Fund People as at 26 November 2019

Fund People as at 26 November 2019
  • Lonsec Research appoints executive director

  • CFS and Avanteos welcome independent non-executive director

  • LGS appoints new CEO

  • MLC welcomes head of managed accounts

  • AFCA appoints COO

  • ASFA welcomes new board members

  • Fiona Trafford-Walker retires from Frontier Advisors

  • David Smith passes away

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Risk Product, Company and Regulatory Updates as at 19 November 2019

Risk Product, Company and Regulatory Updates as at 19 November 2019
  • World-first Indigenous digital educational tool launched for industry providers

  • Midwinter launches real-time insurance comparator

  • TAL’s launches diabetes-specific product and mental health tool for super funds

  • BT Life offering 25pc discount on BT Protection Plan lump sum policies

  • Perpetual buys Melbourne risk advice practice

  • CommInsure pleads guilty to hawking

  • Last-minute FASEA Code of Ethics changes

  • ASIC setting up adviser disciplinary body, exemption applied for compliance

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