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Mercer Super chief executive steps down
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.
AusFood Super looks to revitalise member engagement
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.
L1 Group posts 'marked recovery' in June quarter
L1 Group has reported a marked recovery in investment performance in the June quarter.
European PE firm mandates Apostle with Australian distribution
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.
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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.







One of the current challenges for change is that mature practices with pre FoFA revenue suffer a significant cash flow hit when moving into any new Licence that doesn't have any grandfathering locked in. This suggests that AFSL's with grandfathering, APL & Platform flexibility with scale will most likely be the beneficiary of moves in 2015. There's a lot of noise about inquiries for self licensing today but no real evidence of large practices taking the hit once they realise the loss of cash flow. There's strong reason for like minded firms looking for scale and flexibility tofilter through the non bank, non AMP non IOOF affiliated AFSL market and find homes that are in tune with low cost product delivery and higher advice fees.