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Media Super is increasing its administration fees and insurance premiums, despite a pending merger with $60 billion industry fund Cbus.
A newly created team, led by a former BlackRock regional executive, is boosting the international manager's presence in Australia as it launches its first pan-Asia strategy.
The inclusion of superannuation administration fees in the Your Future, Your Super performance benchmark will not punish funds that reduced fees in recent years, according to minister for superannuation Jane Hume.
The ratings house has appointed a new chief executive, after it announced Charlie Haynes's impending departure last month.
KARREN VERGARA   A new digital fact-finding solution, which is saving financial advisers nearly six hours per client, has snapped up partnerships with Centrepoint Alliance and other mid-tier licensees.
KARREN VERGARA   Small business owners, like financial planners, are set to benefit from the 30% tax rate reducing to 25% from 1 July 2021.
ELIZABETH MCARTHUR  |    12:21PM   The latest institutional investor to commit to a net zero carbon emissions target is a $1.7 trillion US pension fund.
ELIZABETH MCARTHUR   Bermuda-based listed financial services company Somers has taken a stake in Aura Group.
KARREN VERGARA  |    12:38PM   APRA has given life insurers another year to have the new measures for individual disability income insurance (IDII) in full force by 1 October 2022.
KARREN VERGARA   The former chief executive of TAL has slammed life insurers' ineptitude in managing disability income products, invoking the industry to come together and find a solution by the end of the year.
ELIZABETH MCARTHUR   A UK marketplace lender is launching in Australia, targeting wholesale investors and self-managed super funds.
ANNABELLE DICKSON   The micro-investing platform is targeting SMSFs with its custom portfolio option, giving members more control over their portfolio allocations.
BENJAMIN ONG  |    10:03AM   All four US benchmark equity indices dropped overnight - the Dow by 1.99%; the S&P 500 by 2.1%; the Nasdaq composite by 2.7%; and the Russell 2000 by 3.3%. And there's only one reason why.
BENJAMIN ONG   Treasurer Josh Frydenberg is splurging around $74.6 billion to secure Australia's recovery.
JAMIE WILLIAMSON   Among several other initiatives aimed at boosting women's economic security, the government has confirmed it will not proceed with plans to extend the early release of superannuation to family and domestic violence survivors.
JAMIE WILLIAMSON   Buried deep within budget documents are several steps the government will take to further boost our financial system, including greater powers for regulators and $11.2 million to enhance super fund member outcomes.
KARREN VERGARA  |    12:26PM   The co-founder of Kapstream Capital, a Janus Henderson subsidiary, will exit to take a "bittersweet" career break.
JAMIE WILLIAMSON  |    12:05PM   A newly created team, led by a former BlackRock regional executive, is boosting the international manager's presence in Australia as it launches its first pan-Asia strategy.
JAMIE WILLIAMSON  |    1:02PM   AustralianSuper and Club Plus Super are working towards a merger, which would see the creation of a $207 billion fund.
ELIZABETH MCARTHUR  |    12:46PM   Members of $100 billion government fund QSuper have been notified of a few changes ahead of its merger with Sunsuper.
ANNABELLE DICKSON   Commonwealth Bank has launched a joint venture with Quantium to create a tool for institutional clients to receive greater data insights to deliver better services for their clients.
ANNABELLE DICKSON   The Macquarie Wrap platform has hit new heights, recording over $100 billion in assets under administration.
ELIZABETH MCARTHUR   For the first time since 2005, every single state in Australia saw the price of farmland increase.
ELIZABETH MCARTHUR   Bill and Melinda Gates have filed for divorce and will now set about dividing their US$130 billion fortune.