Financial Standard

iFactFind launches

KARREN VERGARA   The new cloud-based fact-find solution that aims to provide a more dynamic financial advice process has launched.

FPA to manage $1.5m scholarship mandate

KARREN VERGARA   The federal minister for women has awarded the Financial Planning Association of Australia a mandate to deliver $1.5 million worth of scholarships.

L1 Capital launches activist fund

KARREN VERGARA   L1 Capital is launching a new Australian equities fund that seeks to unlock company value via shareholder activism.

Schroders Capital adds private assets unit

KARREN VERGARA   Schroders has moved its private assets business under the newly launched Schroders Capital.

Cost of group insurance declines

KARREN VERGARA   Despite the spate of superannuation funds increasing the cost of cover, new Rainmaker analysis shows group insurance premiums fell by 7% to a four-year low of $8.7 billion.

BT enhances LifeCENTRAL+

KARREN VERGARA   BT's LifeCENTRAL+ can now produce quotes for financial advisers wanting to alter life insurance policies for clients in less than 10 minutes.

UK lender targets SMSFs in Australia

ELIZABETH MCARTHUR   A UK marketplace lender is launching in Australia, targeting wholesale investors and self-managed super funds.

Raiz expands to SMSF market

ANNABELLE DICKSON   The micro-investing platform is targeting SMSFs with its custom portfolio option, giving members more control over their portfolio allocations.

Chief economist update: Anchoring the recovery

BENJAMIN ONG   European Central Bank president Christine Lagarde is improving on Mario Draghi's "whatever it takes" mantra.

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG   The US Fed has made it clear it considers inflation transitionary. But, could inflation continue to accelerate even after the base effects are washed out of the stats?

James Mawhinney files appeal

ELIZABETH MCARTHUR   Embattled Mayfair 101 founder James Mawhinney is maintaining his innocence, fighting his 20-year ban from soliciting and receiving funds in relation to financial products.

Government to strengthen FMI

ANNABELLE DICKSON   The government will soon introduce a regulatory reform package on Financial Market Infrastructure (FMI) following a review by Australia's financial regulators.

JANA hires from Mercer

ANNABELLE DICKSON   The $850 billion asset consultant has appointed a co-head of the not-for-profit client sector, nabbing Mercer's Pacific client segment leader for endowments and foundations.

Super leaders recognised

ANNABELLE DICKSON   Leaders in the financial services industry have been recognised in the Queen's Birthday 2021 Honours list, with a number from the superannuation sector represented.

HESTA managers improve on gender diversity

KANIKA SOOD   According to HESTA, diversity at its external managers shows women's representation improved in the last two years but remains a long way from parity.

Super funds back carbon startup

ELIZABETH MCARTHUR   A new carbon risk management startup backed by Aware Super, Energy Super and Future Super has launched with former AMP chair Catherine Brenner on the board.

FinClear to acquire BNY subsidiary

KARREN VERGARA   BNY Mellon is offloading its local execution and settlements business to FinClear for an undisclosed amount.

Fund administrator eyes Australia

KANIKA SOOD   A Singapore-based fund administrator will establish full-service operations in Australia as it sees an opportunity in the local market.

Fisher Investments launches local HNW offering

ELIZABETH MCARTHUR   Fisher Investments will start offering investment management services to high-net-worth private clients via its local subsidiary.

Rich investors not worried about low rates: Citi

KANIKA SOOD   New research from Citi says Australian high-net-worth investors are optimistic despite low interest rates.