Risk Company Updates
/BT to change Wealth Connect business
MetLife launches mental health initiative
Risk People Updates
/MLC Life welcomes new managers
AMP welcomes risk specialist
CountPlus appoints new director
MLC loses CEO
Risk Product Updates
/AIA Australia launches trauma cover option, flags IP product launch
CommInsure updates medical definitions
Risk Regulatory Updates
/AFA outlines vision for advice
Future of Advice report published by FSC, Rice Warner
APRA and ASIC publish life insurance claims and disputes data
ASIC reviewing limited advice
Single disciplinary body for advisers set for 2021, government says
Early Release of Super (ERS) Update
/New research shows those taking funds from superannuation weren’t sure (or didn’t care) what the impacts would be on their retirement funds later on.
Read MoreESG Aus and NZ Update
/Coca-Cola Amatil receives tens of millions in coal royalties in Queensland
AMP Capital’s ethical option loses another mandate
ANZ to turn back on business customers that refuse to plan for climate risk
BlackRock votes in favour of closing AGL coal power plants early
Eight young people file to stop Whitehaven coal mine extension
Fund Company Updates
/Morgan Stanley buying Eaton Vance
HESTA launches 40:40 Vision campaign for women in executive roles
IFM and Trafigura launch renewables investment firm
Fund Product Updates
/Class launches Class Trust cloud accounting and administration product
Perpetual closes underperforming super options
World-first Shariah-compliant ETF launches on London Stock Exchange
FHIM launches multi-strategy fund
Fidelity International launches future leaders fund
Lazard Global Convertibles Fund now open to Australian investors
Fund People Updates
/MLC AM welcomes head of institutional distribution
Cbus welcomes new investments COO, loses tech head
Vanguard appoints risk management executive
Vision Super promotes CIO to deputy CEO
Goldman Sachs welcomes local chair
Susan Ryan passes away
BT head of platforms resigns after 15 years
ASX loses board member
Media Super replaces chair
AXA Investment Management loses country head
Risk People Updates
/MLC Life to restructure, new roles created and filled
AMP confirms redundancies on the cards
Risk Company Updates
/DFS leaves MLC to join FYG Planners Group
Risk Regulatory Updates
/ANZ to pay $10m in penalties for ‘unconscionable conduct’
FASEA code of ethics draft released, latest exam results published
APRA continues work on sustainability of disability income insurance
FSC TPD and life insurance initiatives continued
Westpac agrees to $1.3bn AUSTRAC deal
ESG Aus and NZ Update
/PFL: Responsible investing datasets now available for March 2020 quarter
Legalsuper terminates AMP Capital socially responsible mandate over culture concerns
Northern Trust adds environmental data to risk analytics
ClimateWorks: Aussie super funds acting on climate change
ESG Global Update
/World Economic Forum: Universal ESG reporting by companies - ready when you are
ESG Research Update
/WEF survey: 9 in 10 people want a more sustainable and equitable world post-COVID
Fund Company Updates
/Netwealth buys 25pc stake in fintech Xeppo
Fund People Updates
/Legalsuper welcomes member experience executive
Australian Unity appoints GM of investment and origination
HESTA welcomes head of portfolio management
U Ethical welcomes ESG specialist, portfolio manager
MTAA and Tasplan post-merger CIO announced
Sunsuper reorganising, loses head of fixed income and currency
BUSSQ CEO retiring
Early Release of Super (ERS) Update
/The data for the ERS scheme up until 30 August 2020.
Read MoreASX survey shows younger investors keener than ever
/The ASX’s annual investor survey shows younger people are increasingly interested in investing, changing the landscape.
Read MoreFund Product Updates
/DNR Capital launches Australian equities strategy
Milford Diversified Income Fund now available in Australia
Perennial launches wholesale-only fund
Warakirri launches new global emerging markets fund, opens three funds to retail
