PPS Mutual launches risk-only Super Fund

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Specialist insurance company PPS Mutual has announced the launch of the PPS Mutual Super Fund, which allows the company to offer a complete life insurance solution for eligible professionals through a PPS Mutual accredited adviser. The PPS Mutual Super Fund will facilitate Members to fund their insurance premiums via rollover from their standard accumulation super […]

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Susan Allen joins the OpenInvest board

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OpenInvest, the online marketplace and platform giving investors access to a diverse range of Australian and international investment managers, has appointed Susan Allen to its board. Ms Allen is a highly experienced executive and non-executive director who spent 16 years in various senior executive roles at the RACV and oversaw the launch of new businesses […]

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TAL drives life insurance engagement with consumers through ‘The Value of You’ campaign

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TAL, a leading Australian life insurance specialist, has tackled one of the big challenges facing the life insurance industry with a content-led digital campaign aimed at engaging Australians with the value of the category and its products. With many Australians struggling to see the benefits of life insurance products until it comes time to make […]

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Colonial First State fee cuts to benefit over 500,000 members with around $68 million in annual fee reductions

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Colonial First State has announced significant fee reductions across its superannuation and investment platforms, reducing the cost of investing for over 500,000 members. Colonial First State fee reductions will lower costs for members across its FirstChoice Wholesale platform, FirstChoice Employer Super and its FirstWrap Plus platform and will come into effect from early June 2019 […]

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DomaCom hits $50m FUM milestone, grows 20% in past 75 days

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DomaCom Limited (ASX: DCL) (DomaCom or the Company) is pleased to announce that the DomaCom Fund has grown its funds under management (FUM) to over $50m, an increase of 20% since 31 January 2019. DomaCom CEO Arthur Naoumidis said, “In the last two months DomaCom has added 20% to its FUM. We have seen a […]

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BlackRock appoints Tony Tang Head of China

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BlackRock has announced the appointment of Tony Tang as Head of China, effective July 2019. In his role, Mr Tang will oversee development and execution of the firm’s long-term business strategy in China. He will work closely with colleagues, clients, partners, and regulators alike while representing the firm’s China capabilities to BlackRock’s global client base. […]

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National vacancy rates marginally down in March

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Data released by SQM Research yesterday has revealed the national residential vacancy rate fell further to a low of 2.1% in March 2019, with the total number of vacancies Australia-wide now at 70,877. Canberra is the only capital city to increase its vacancy rate from 0.8% in February to 0.9% in March 2019, reporting only […]

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UniSuper announces changes to leadership team

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UniSuper, the $70+ billion super fund for Australia’s higher education and research sector, has undertaken a review of its organisational structure to ensure it remains in the best position possible to respond to the changing competitive landscape and regulatory environment. Several changes to the executive leadership team, including three newly created roles, will help to […]

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Australian Eagle Trust Long-Short Fund returns +1.76% for Mar 2019

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Portfolio Overview The Fund returned +1.76% net of fees for the month of March 2019, outperforming the ASX 100 for the March 2019 quarter by +1.12%. The portfolio’s largest positive contributions for the month came from a long position in Fortescue Metals Group and short positions in AMP Ltd and IOOF Holdings Ltd while largest […]

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Integrity Life rolls out first product enhancements 

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Australia’s newest life insurance company, Integrity Life, has announced nine enhancements to its products as part of its latest technology release.  The product and technology enhancements are available with immediate effect, bringing benefits to both advisers and their clients. Integrity Life MD, Chris Powell, commented, “When we launched to the retail market a few weeks ago […]

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