FRIDAY WEALTH MANAGEMENT UPDATE 15 Oct 2021

ETF Securities tap into fintech, blockchain. https://www.financialstandard.com.au/news/etf-securities-taps-into-fintech-blockchain-179790090

BetaShares to launch Crypto Innovators ETF. https://www.betashares.com.au/news/betashares-crypto-innovators-etf-cryp-coming-soon-to-the-asx/
https://www.financialstandard.com.au/news/etf-securities-taps-into-fintech-blockchain-179790090

CFS signs up to Iress blockchain-based advice fee consent solution. https://www.moneymanagement.com.au/news/people-products/cfs-implement-iress-blockchain-advice-fee-consent-tech

ASIC extends temp financial advice relief measures in COVID instrument until 15 April 2022. https://asic.gov.au/about-asic/news-centre/find-a-media-release/2021-releases/21-269mr-asic-further-extends-temporary-financial-advice-relief-measures-in-covid-19-instrument

… takes action against super trustee Diversa Trustees Limited. https://asic.gov.au/about-asic/news-centre/find-a-media-release/2021-releases/21-265mr-asic-commences-proceedings-against-superannuation-trustee-diversa-trustees-limited/

TWUSUPER and EISS Super merger plans collapse. https://www.smh.com.au/business/banking-and-finance/eiss-super-merger-talks-collapse-with-twusuper-20211014-p58zyh.html

The Fair Work Ombudsman takes action against Commonwealth Bank. https://www.fairwork.gov.au/about-us/news-and-media-releases/2021-media-releases/october-2021/20211011-cba-litigation-media-release

FSC to introduce an enforceable FSC Standard that prohibits use of occupational exclusions and restrictive definitions within default group life insurance policies in super. https://www.fsc.org.au/policy/superannuation/occupational-exclusions

Netwealth funds under administration passes $50 billion. https://www.moneymanagement.com.au/news/financial-planning/netwealth-fua-passes-50-billion

HUB24 records net inflows of $3 billion for September quarter. https://www.moneymanagement.com.au/news/funds-management/record-inflows-hub24

Westpac profit takes $1.3billion hit. https://www.abc.net.au/news/2021-10-12/inflation-concerns-asx-usd-wall-street-oil/100531186

Active Super partners with Link Group to revamp digital experience. https://www.financialstandard.com.au/news/active-super-revamps-digital-experience-179790067

Dimensional Fund Advisors launch 3 ESG portfolios. https://www.investordaily.com.au/latest-news/50056-dimensional-launches-three-esg-portfolios

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We are an Australian based wealth management recruitment firm. We specialise in recruitment for banking & credit, superannuation, life insurance, and investment professionals- both temporary and permanent. The consultants at B & K Consulting are also active participants and contributors in leading industry forums in Wealth Management, such as ALUCA, ANZIIF, ASFA, FSC, FEAL, and CFA Society. If you are interested in learning more about how we are involved, what types of roles we have available or are looking for new talent, please email us at future@bkcon.com.au or call us at 02 9888 7888 for more information. Visit our job listings for current opportunities.