ALLY SELBY   The Financial Planning Association of Australia has announced a new category in its annual FPA Awards, set to recognise members who have used technologies in innovative ways to deliver advice.JAMIE WILLIAMSON   AMP is launching a new range of managed portfolios, available on its flagship MyNorth platform.

KANIKA SOOD   Aberdeen Standard Investment's former head of Australian fixed income and global head of restructuring have kicked off a new consulting and advisory business.KANIKA SOOD   Perpetual Investments has launched two ESG global equities funds from Trillium for the Australia and New Zealand market.

ALLY SELBY   Life insurance leaders have pushed for immediate and authentic change, lest current legacy business models and products hinder the growth and sustainability of the industry.ELIZABETH MCARTHUR   An announcement from the Financial Services Council (FSC) that life insurers would keep their COVID-19 support measures in place until the end of the year doesn't go nearly far enough, a lawyer has said.

ANNABELLE DICKSON   The House of Representatives Standing Committee on Economics has scrutinised ASIC over its SMSF fact sheet in a public hearing reviewing the 2019 ASIC Annual Report, and questioned why ASIC appears to hold itself to a different standard than those it regulates.ANNABELLE DICKSON   The SMSF Association and the Financial Services Council (FSC) are calling for self-managed super funds to have access to unitised, liquid infrastructure investments as a way of generating economic growth.

BENJAMIN ONG   The JobKeeper programme's blowout to $102.2 billion is still less than what the Federal Treasury originally allotted to its war on the pandemic, but certainly raises the budget deficit.BENJAMIN ONG   Were it not for the second wave now doing the rounds in a number of cities around the world, the letter "V" would now be standing for "victory" against the war on COVID-19.

ELIZABETH MCARTHUR   UK investment giant Hargreaves Lansdown is facing a potential class action over its alleged promotion of Neil Woodford's funds.ALLY SELBY   AMP, Colonial First State, Equity Trustees, IOOF, Intrust, Netwealth and Suncorp have been caught out by the corporate watchdog for wrongfully assigning 'smoker' statuses to new members, with only four of the aforementioned businesses set to refund members.

KANIKA SOOD   An insurance giant's chief executive has snagged the top job at Link Group, as John McMurtrie announces his retirement in early 2021.ANNABELLE DICKSON   Australia's top ranking bosses have endured pay cuts as boards have reined in bonuses ahead of the COVID-19 pandemic according to the Australian Council of Superannuation Investors (ACSI).

ELIZABETH MCARTHUR   Default MySuper products delivered negative returns in the 2019/2020 financial year, but the results weren't as bad as they could have been.KANIKA SOOD   OneVue will file court proceedings against Taiping Trustees to assert its right to about $9.4 million sale proceeds of Madison Financial Group and Sequoia shares.

ALLY SELBY   The ASX is now reviewing market recommendations on the new system to replace CHESS, following the conclusion of a four-week consultation period ending July 28.ALLY SELBY   Chi-X TraCRs and funds will now be offered on a privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies.

ELIZABETH MCARTHUR   For the first time in eight years, more high net worth individuals (HNWI) emerged in North America than in the Asia Pacific region.KANIKA SOOD   Hedge fund billionaire Paul Tudor Jones backed ShareNett Holdings is partnering with Clearlist Holdings to develop a platform for family offices to transact in private markets securities.