KANIKA SOOD  |    12:24PM   Advice and accounting group Kelly+Partners has partnered with Austbrokers to exchange expertise, including life insurance broking.ELIZABETH MCARTHUR  |    12:05PM   NASDAQ listed Focus Financial Partners has created a new network of boutique financial advice firms and acquired three Australian businesses.

KANIKA SOOD  |    12:32PM   Qualitas has partnered for a new fund that is starting with a $1 billion pipeline of multifamily housing assets in Melbourne.ANNABELLE DICKSON  |    11:57AM   Macquarie Asset Management has entered into an agreement to acquire US-based asset and wealth manager Waddell & Reed Financial, Inc with further plans to offload part of the business to an advisory firm.

KANIKA SOOD   More than 10 superannuation funds could soon be looking for a new group life insurer, as Hannover Re reverses out of the segment to focus on reinsurance.KARREN VERGARA   The corporate regulator has released more information to help life insurers and financial advisers adapt to new regulation when handling insurance claims.

KARREN VERGARA   New research suggests that self-managed super funds are giving retail and industry funds a run for their money in terms of fees and returns.JAMIE WILLIAMSON   The Administrative Appeals Tribunal (AAT) has upheld a ban imposed by ASIC on an SMSF adviser who failed to disclose significant conflicts of interest.

ELIZA BAVIN  |    12:01PM   Reserve Bank of Australia (RBA) governor Philip Lowe was forced to remind the Standing Committee on Economics that the RBA is not solely responsible for economic recovery and the federal government also needs to pitch in.BENJAMIN ONG  |    10:57AM   Team Australia ought to be congratulated for the swift recovery from the worst recession since the Great Depression of the 1930s.

ELIZABETH MCARTHUR  |    12:38PM   ASIC has released a consultation paper to update the regulatory guide on client review and remediation conducted by financial advice licensees.KARREN VERGARA  |    12:32PM   The major stock exchange has put into motion new rules that will require its companies to have at least one female and one person who identifies as either an underrepresented minority or LGBTQ+ on boards.

KANIKA SOOD  |    12:28PM   The $22 billion corporate superannuation fund has hired from HESTA to appoint a new head of equities, including both domestic and international stocks.KANIKA SOOD  |    12:26PM   Ellerston Asian Investments has added a former super fund chief investment officer to its board.

KARREN VERGARA  |    12:38PM   The growth in superannuation assets means more retirees are coming out of poverty and experiencing less financial stress, but this is creating greater income inequality, the 2020 HILDA survey found.KARREN VERGARA  |    12:32PM   A retail MySuper fund delivered the best returns in the three years to October, the latest Rainmaker league table shows, but on an aggregate industry superannuation funds outranked peers.

KARREN VERGARA   The leaders of major organisations will travel less and accelerate digital transformation ahead of other investments thanks to the way COVID-19 has disrupted operations, a Westpac survey found.KARREN VERGARA   ClearView Wealth has adopted Munich Re's digital platform to streamline the underwriting process and manage compliance obligations.

KARREN VERGARA   The investment giant is making a bigger play for wealthy investors, offering them a more personalised strategy with the acquisition of an equity index business for US$1.05 billion.KANIKA SOOD   A new fund that will invest in $223 million worth of American multifamily assets is pitching to Australian investors.