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Viridian promotes to investment team, launches Infinity
Viridian Financial Group announced three promotions to its investment leadership team as it merges its asset management and private wealth businesses under a single unit called Infinity.
Fight between SMC and FSC on super rages on
The Super Members Council (SMC) has called out the Financial Services Council (FSC) on making selective claims about performance and costs of 'platform' super funds compared with performance-tested mainstream MySuper funds.
Global X launches global SMID ETF
Global X ETF has expanded its international equity range with the launch of the Global X MSCI International Small and Mid-Cap ETF (ASX: ISMD), offering Australian investors low-cost exposure to small- and mid-cap companies across developed markets outside Australia.
Super Consumers appoints former regulator as chair
Super Consumers Australia (SCA) has appointed former deputy chair of ASIC and ACCC as its board chair.
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Featured Profile
Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
I'm confused as to how greater female representation would improve the execution of fiduciary duties of superannuation boards on behalf of members. I'm certainly not against the participation of both sexes in this role, but any debate on increasing numbers of females as a gender equality issue would not really seem to be an issue at the heart of best interests for members. And Eva Scheerlinck's comment about "Gender equity on super boards has been a target for our members since 2011" is clearly driven with other agendas in mind. I can't recall the last client I spoke to who raised gender equality on Superannuation Boards - Oh that's right, they don't raise it because they don't care. Nice try Eva!