DIVEST

Funds management

IOOF has sold down its minority stake in Australian Ethical but declares continuing commitment to ethical investment....

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Financial planning

IOOF has sold its New Zealand-based IOOF Integral Trust to focus on simplifying the business around its advice-led strategy....

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Superannuation

Vision Super has divested from thermal coal, tar sands and tobacco in addition to its existing weapons exclusion....

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Financial planning

Colonial First State has become a signatory to the United Nations-endorsed Tobacco-Free Finance Pledge....

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Funds management

The list of superannuation funds divesting from tobacco continues to grow, with Crescent Wealth joining the Tobacco Free Finance Pledge in the UN General Assembly last we...

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Financial planning

Australian Ethical has announced it would divest from AMP for failing ethical investment standards. ...

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People & Products

Mercer has announced it will exclude investments in companies that manufacture tobacco products and controversial weapons. ...

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

3 days 8 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

3 days 9 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

4 days 8 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

8 months 4 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago