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Generative AI wealth sector

DASH acquires Integrated Portfolio Solutions

Mike Taylor 16 July 2024

Digital advice company, DASH Technology Group has moved to acquire Integrated Portfolio Solutions in a move it says will allow it to further develop a new advice model.

The transaction was approved today, with DASH executive director of Strategy, Darren Pettiona saying that the acquisition represents a synergistic fit and…

Hand shake

Novigi inks support deal with Apex

Mike Taylor 16 July 2024

Financial services IT provider Novigi has inked a support services contract with Apex Superannuation (Australia) the company which provides administration to  Future Super.

The two companies announced that Novigi would be the superannuation data and technology platform partner to Apex taking on the data and administration technology function for Apex…

Currency hedged

Betashares launches Aussie-hedged US top 500 ETF

Patrick Buncsi 16 July 2024 No Comments

ETF specialist Betashares has launched an Australian currency hedged version of its popular S&P 500 Equal Weight ETF on the ASX.

Guilty not guilty

CFMEU troubles yet to touch Cbus

Mike Taylor 16 July 2024 3 Comments

The CFMEU was one of the founders of big industry fund Cbus but recent allegations against the union are yet to touch the super fund.

Man on road to question mark

APRA on notice to explain super fund payments to unions

Mike Taylor 16 July 2024 6 Comments

At the same time as adverse reports swirl around the CFMEU, APRA remains on notice to explain payments from industry funds to trade unions.

Peloton

Middle of the super pack Vanguard pushes low fees

Mike Taylor 16 July 2024 No Comments

Vanguard Super is pushing the value of its lower fees as its first full-year investment returns put in mostly in the middle of the pack.

INDUSTRY NEWS

25 years of identifying valuation anomalies

Financial Newswire Contributor 1 July 2024 No Comments

Identifying valuation anomalies can be key to delivering attractive, long-term returns for investors. It’s also key to managing risk by holding…

Staying ahead of the curve – what’s in store for the rest of ‘24?

Financial Newswire Contributor 30 June 2024 No Comments

With increased volatility in financial markets and heightened geopolitical tensions, investors may be asking how should I position my portfolio?

Taking the search for alpha opportunities global

Financial Newswire Contributor 30 June 2024 No Comments

Optimism about generative artificial intelligence (AI) and earnings resilience have driven US stocks to record highs. While the US market remains an..

Member Satisfaction and The Value of People

Amelia King 5 June 2024 No Comments

We’ve suggested before that member experience should be the next metric for measuring superannuation fund (super fund) performance, and recent data…

Bounce back small caps value Amundi

TelstraSuper adds net zero infrastructure fund to portfolio

Yasmine Raso 16 July 2024 No Comments

TelstraSuper boosted its investment into infrastructure supporting the green energy transition, selecting Quinbrook’s Net Zero Power Fund.

Technology platform

BDO to deploy ‘cutting-edge’ SMSF platform

Patrick Buncsi 16 July 2024 No Comments

BDO, has enlisted SuperConcepts, Australia’s third-largest SMSF tech developer, to deploy its upgraded SMSF management platform, SuperMate.

Finger pushes standards

APRA imposes additional conditions on Fiducian super licence

Mike Taylor 15 July 2024 No Comments

APRA has imposed additional license conditions on Fiducian Portfolio Services limited to ‘address data-related concerns’.

ASIC cites crypto promoter in unlicensed advice prosecution

Mike Taylor 15 July 2024 4 Comments

ASIC has emphasised its preparedness to crack-down on unlicensed advice as a crypto promoter is convicted in the Sydney District Court.

Donat to step down from helm at Clime

Yasmine Raso 15 July 2024 No Comments

Clime Investment Management has announced the departure of Group CEO, Annick Donat, after four years with the company.

hands exchanging envelopes

Federation Asset Management acquires Homesafe

Mike Taylor 15 July 2024 No Comments

In what represents a significant development in the equity release space Federation Asset Management has acquired Homesafe Solutions.

Uncover the facts

Yes, an investigation of ASIC and Dixon Advisory is warranted

Mike Taylor 15 July 2024 9 Comments

For the CSLR to gain acceptance and legitimacy in the eyes of financial advisers ASIC role in Dixon Advisory complaints must be investigated.

Contradictory one way signs

DBFO still ambiguous AIOFP members told

Mike Taylor 15 July 2024 4 Comments

The DBFO legislation still contains ambiguities which could impact how superannuation funds treat the payment of advice fees.