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Andrew Thorburn joins IIG
KANIKA SOOD  |  FRIDAY, 16 APR 2021
The former NAB chief executive has joined Melbourne's Impact Investing Group as a part-time executive, as the latter's chief executive leaves. Daniel Madhavan was IIG's chief executive from November 2017 to April 2021. Madhavan joined the IIG after ...
Fidante signs on new boutique
KANIKA SOOD  |  WEDNESDAY, 14 APR 2021
Challenger's multi-boutique business will distribute the $54 billion Impax Asset Management's sustainability strategies in Australia and New Zealand. UK-based Impax manages environmentally focused investment strategies in listed and private markets. ...
Count snaps up three former MLC firms
ELIZABETH MCARTHUR  |  THURSDAY, 1 APR 2021
Three former MLC firms are joining Count Financial, as its network of financial advice businesses continues to expand. It comes after four former IOOF firms joined Count on March 17. The three former MLC firms joining Count are: Sapphire Coast Financial ...
Life Company of the Year named
ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
The Association of Financial Advisers has announced the winner of its 2020 Life Company of the Year award, going to the same insurer four years in a row. TAL took out the top spot again with runners up AIA Australia, MLC Life Insurance and NEOS Life. ...
Former Wallaby departs Westpac for NAB
ANNABELLE DICKSON  |  WEDNESDAY, 17 MAR 2021
After six months as head of private wealth, north at Westpac, Phil Waugh has taken on an executive role at NAB. Waugh has been appointed as executive, broker distribution at NAB and will report to executive, home ownership Andy Kerr. Waugh spent four ...
IOOF firms abandon ship
ANNABELLE DICKSON  |  WEDNESDAY, 17 MAR 2021
Four IOOF financial advice firms have joined Count Financial ahead of the MLC acquisition, with one firm saying it was seeking a licensee without "hidden agendas". Magnis Financial Planning, Glenbuckie, Aim Financial Advice and Strategic Wealth Management ...
Sunsuper, QSuper confirm merger will go ahead
KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 15 MAR 2021
Sunsuper and QSuper will merge later this year, with the two funds naming the key executives and board directors to lead the $200 billion entity. The two funds have signed a Heads of Agreement to merge by September this year, a decision that is supported ...
Rest expands member engagement team
KARREN VERGARA  |  THURSDAY, 11 MAR 2021
Rest has appointed two senior leads to drive digital engagement and member insights respectively. Catherine Farrugia and Steven Ahn have joined the member engagement team. Farrugia joined in February as the new general manager of digital, responsible ...
Chief economist update: Confidence contagion
BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
... business confidence index rose to an 11-month high of +16 in February, "with all states and industries reporting gains, except for retail" (NAB survey). In addition, the latest survey showed business conditions increased to a reading of +15 from +9 in ...
Janus Henderson appoints global client experience head
KANIKA SOOD  |  TUESDAY, 9 MAR 2021
ASX-listed Janus Henderson Group has appointed a global head of client experience. Andrew Morrison will report to Janus Henderson's global distribution chief operating officer John Groneman. Morrison joins from Aviva Investors where he was the head ...
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