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Sunsuper ESG expert in new global role

JAMIE WILLIAMSON  |  TUESDAY, 14 DEC 2021
Australian Retirement Trust, the entity Sunsuper and QSuper will form next year, is on the hunt for a head of responsible investments as one of the most likely candidates takes on a newly created role with Eastspring Investments. Stuart Wilson has been ...

PIMCO revives local LIT plans

JAMIE WILLIAMSON  |  TUESDAY, 14 DEC 2021
After almost two years of delay, PIMCO is planning to launch its first Australian listed investment trust in March next year. PIMCO, which has been managing listed funds globally for about 25 years, said the new offering will seek to address Australian ...

Melinda Howes bids farewell to BT

JAMIE WILLIAMSON  |  TUESDAY, 14 DEC 2021
... BT's head of customer experience and growth Hannah Oakhill is acting in the general manager role "as we work through the next steps", the spokesperson confirmed. BT is currently consulting with numerous staff as it makes changes in the super business. ...

ASIC takes 'ASX Wolf' to court

ELIZABETH MCARTHUR  |  TUESDAY, 14 DEC 2021
... the same protections afforded to them under the law as when they receive advice from licensed providers." The matter will next be heard on December 17.

Economic recap: Week to December 10

BENJAMIN ONG  |  MONDAY, 13 DEC 2021
... global economy. Have no fear. China's politburo recently flagged the relaxation of some curbs in the real estate sector next year, determined to stabilise its economy. Already, the People's Bank of China (PBOC) cut banks' reserve requirement ...

Labor promises to recognise adviser experience

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
... in just three years. It's predicted fewer than 17,000 financial advisers will remain in the industry come the start of next year," Jones said. The exodus has led to an estimated 28% jump in fees over the last two years. "What matters is getting this ...

One in three crypto owners to switch banks

ELIZABETH MCARTHUR  |  FRIDAY, 10 DEC 2021
... 790 financial decision makers across Australia found 33% of crypto owners are likely or very likely to switch banks in the next 12 months to one that supports crypto. It also found awareness of crypto among financial decision makers in Australia is near ...

ESSSuper chief executive joins MLC Life

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... board and the executive team, and I am very confident that he will lead the organisation with great proficiency over the next weeks and months," she said. Fitzpatrick added that everyone at ESSSuper remains focused on protecting the wealth and retirement ...

AZ NGA recruits chief operating officer

JAMIE WILLIAMSON  |  WEDNESDAY, 8 DEC 2021
The chief operating officer of Countplus will join AZ Next Generation Advisory in the new year, spearheading the group's expansion plans. Graham McGeagh has been with Countplus since 2018 but will join AZ NGA as its chief operating officer in early ...

Avanteos faces criminal charges over deceased super members

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
... occurred between 2016 and 2018, is $180,000. This matter was investigated and referred for prosecution by ASIC, the matter is next listed for sentencing on 1 June 2022.