Russell Investments secures $1.9bn mandateBY EMMA RAPAPORT | WEDNESDAY, 19 APR 2017 12:28PM
Global asset manager Russell Investments has been appointed by the Tasmanian Public Sector Superannuation Commission to manage $1.9 billion in defined benefit assets.Read more: Russell Investments, Tasmanian Public Sector Superannuation Commission, Tasplan, Adrian Christian, Asia-Pacific, Child Care Super, GuildPension, GuildSuper, Guild Trustee Services, Office of, Pete Gunning, Retirement Benefits Fund
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For 12 months starting today, employers with a history of underpaying the superannuation guarantee will have a chance to "wipe the slate clean" and clear any pile of unpaid super without copping late payment penalties from the Government, according to legislation introduced in the Parliament today.
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Technology provider Midwinter was selected to provide financial planning software services to the advice division of a major financial services organisation.
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The Financial Services Council supports negotiations between Australia and the Council of the European Union to flesh out a free trade agreement. The FTA will widen the door for Australian funds to access Europe's sophisticated funds management industry.
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Another rate hike is coming soon! This is the almost unanimous verdict financial markets and the intelligentsia gave after reading the minutes of the US Federal Reserve's latest meeting.
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