Global FlowWatch Highlights - May 2022
/Long-term global mutual funds saw US$87 billion in net redemptions during the month of May.
Read MoreStudy: low income groups locked out of financial advice
/Research shows that the high cost of financial advice in Australia prevents lower socio-economic groups from accessing advice.
Read MoreRisk Company Update
/Findex announces 40 new partner firms
AMP divested fully from Resolution Life Australasia
CountPlus acquires stake in WSC Group
Risk Regulatory Update
/Select AFSL, BlueInc Services and Insurance Marketing Services in Federal Court for unconscionable conduct
Lanterne in ASIC proceedings for failing to meet AFSL obligations
TAA and ARA to merge
Mercer in court over fees for no service and fee disclosure
FPA releases video SoA toolkit
Risk People Update
/AFA Awards nominations open for 2022
MLC Life welcomes chief risk officer
AMP names GM of wealth distribution
Pitcher Partners names eight new partners
Kaplan offers second round of Women in Finance scholarships
Fund People Update
/Hostplus farewells chair after 15 years
Frontier welcomes new chair
UniSuper makes investment team changes
State Super appoints director
ASX adds one, loses one board member
Citi appoints new head of equity capital markets
Future Fund loses CIO, deputy CIO
Aware Real Estate launches, appoints founding CEO
Fund Regulatory Update
/ASIC suspends ISG and cancels Quattro AFS license
ASIC seeking feedback on proposed sustainability standards
RIC now in effect
APRA seeks feedback on SG Act
Fund Product Update
/First Sentier launches carbon-focused property fund
Foord AM enters Australia with single fund
ETF Securities launches US funds
Fund Company Update
/UniSuper and Catholic Super sign merger deed
IPE super merging with ART
Centrepoint refuses first Diverger offer
Global FlowWatch Highlights - April 2022
/Worldwide long-term mutual funds saw US$111 billion in net redemptions during April.
Read MoreGlobal ETF FlowWatch Highlights - April 2022
/Globally ETFs recorded US$20 billion in net flows during April 2022, with bond ETFs leading with US$16 billion in net new money.
Read MoreRisk Regulatory Update
/FSC issues new Life Code, welcomes new life association
Low adviser pass rate for second exam in a row
CALI: Life insurance association to form
Risk Company Update
/Zurich’s new sustainability targets
Risk People Update
/MLC Life farewells CEO
Risk Product Update
/MLC Life adds inflation buffer
Padua launches automated advice generation tool for advisers
AIA Australia updates Priority Protection range
Worth the Risk report: LGBTIQA discrimination in insurance
/The Victorian Pride Lobby has launched a new report into the experiences of the LGBTIQA+ community in the insurance industry in Australia, Worth the Risk.
Read MoreQuality of Advice Review submissions from industry - a quick look
/The Quality of Advice Review (QAR) is to be published at the end of 2022, with key associations putting forward submissions in support of various industry goals.
Read MoreEuropean Monthly Insight April 2022 Highlights:
/The European asset management industry contracted by -€240.3 billion, or -1.9% as of April 2022, to €12.5 trillion in assets, while recording €60.6 billion in net outflows.
Read MoreAsian Monthly Insight - April 2022 Highlights
/Asian assets under management (AUM) fell to US$4.7 trillion, a drop of US-$324.8 billion from the previous month; regional assets under management have fallen by -10.5% in the last six months.
Read MoreCryptocurrency Update
/BTC Markets receives AFSL
PayPal enables cryptocurrency transfer to external wallets
CHOICE releases crypto investments view
