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Vanguard to acquire custodian Altruist
Vanguard will acquire custodian and investment platform Altruist in a bid to expand into the American independent financial adviser market.
FAAA pushes to expand NCA to financial advisers
Financial Advice Association Australia (FAAA) said it will advocate strongly to expand the scope of the New Class of Advisers' to all financial advisers, which will currently be limited to only superannuation funds and life insurers.
SMSFA appoints head of professional standards
The Self-Managed Super Fund Association (SMSFA) has appointed Keddie Waller as the head of professional standards.
UniSuper unlocks close to $15k for members moving into retirement
Eligible UniSuper members will receive a tax-free bonus of up to $14,700 when they move into retirement phase from October 1.
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Liza McDonald
HEAD OF RESPONSIBLE INVESTMENT
AWARE SUPER
AWARE SUPER
Liza McDonald would have you believe her path from a legal secretary to the head of responsible investment at Aware Super was a matter of good fortune. Her career says otherwise. Riddhima Talwani writes.







ummm.....actually advisers have been well versed in infrastructure investments for at least 10 years now. They are not a new asset class any more than mining stocks are a new asset class.....or biotech stocks.
It's just that advisers are very sceptical about investment bankers on multi-million dollar salaries coming to them and doing presentations about some new investment model they have just invented that is 'better than ever'.
Who can forget the Macquarie satellite model.....the bank buys the asset, holds it on balance sheet for 12 months, then revalues it upwards 50% and flicks it to poor mum and dad investors for a hugely inflated listing price.
As for Infra being low-risk? Try telling that to the original investors in the Lane Cove Tunnel and the Sydney Cross City Tunnel.....