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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.







Yes, the guidelines have to be robust, but not of a nit picking quality. Regulators need to be people who come from a proper financial services background, who are prepared to look at all sides of the arguments and are not associated with a particular political disposition.
I see too many failures right around.
The regulations should be applied in seeing all parties as one industry, offering various products.
That includes SMFs, Bank and Private financial planners, Industry Funds and also State Government Funds. There have been too many loopholes exploited by all of these. Unless the Governments concerned get together and recognise this, the clients will remain confused and disadvantaged.