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Regulation
08 July 2025 by Maja Garaca Djurdjevic

No rate cut in July, but Bullock says call was about timing rather than direction

In a sharp rebuke to market expectations, the Reserve Bank held the cash rate steady at 3.85 per cent on Tuesday, defying near-unanimous forecasts of ...
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Platforms hold their ground with fund managers amid advice shift

Fund managers are keeping platforms firmly in their ETFs, confident in their growing role reshaping financial advice and ...

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‘Set-and-forget portfolios no longer serve’, says BlackRock as it adopts tactical stance

Immutable economic laws and mega forces are keeping BlackRock overweight US equities, but the fund manager is adopting a ...

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New active ETF provider aims to be ‘new Betashares’ with active ETFs

A specialist active ETF provider believes it has what it takes to become “the new Betashares”. Savana Asset ...

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RBA delivers closely watched decision amid mounting easing signals

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call

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DigitalX secures institutional backing as bitcoin strategy gains momentum

DigitalX’s latest strategic placement signals strong institutional endorsement of its cryptocurrency strategy by leaders ...

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UniSuper to hire more planners

  •  
By Christine St Anne
  •  
2 minute read

The industry super fund appoints an executive manager of financial planning.

UniSuper has hired former BT head of advice Chris Davies as executive manager of financial planning.

The appointment follows the fund's announcement that it will launch its full financial service planning arm later this year.

The fund will continue to build a national in-house service. More advisers are expected to be hired who will report to Davies, UniSuper executive manager of marketing and business Paul Murphy said.

"We will definitely look at adding more people to our planning business as we grow our in-house expertise," Murphy said.

 
 

Davies will be responsible for both the national planning business as well as the national phone-based financial assessment centre.

The fund currently has arrangements with three national planning groups including Industry Fund Financial Planning, Hillross Financial Services and Monitor Money.

Eventually the fund will move away from its alliances with the external dealer groups, Murphy said.