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AustralianSuper checks out robo advisersBY KANIKA SOOD | MONDAY, 21 OCT 2019 12:31PM
The $170 billion super fund is looking at robo advisers as a potential solution for providing financial advice to its members but says it's early days.
Read more: advice, Robo advice, AustralianSuper, Ian Silk, Industry Fund Services
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Victoria Funds Management Corporation has promoted a senior portfolio manager to head of equities, and hired from outside the company to fill the vacant role
COVID-19 has seen more than half a million Australians lose their jobs and countless businesses shuttered but for SMSF trustee landlords offering rent relief to those facing financial hardship could mean they fail to meet the sole purpose test.
Liberal MP Tim Wilson has written to APRA chair Wayne Byres urging the regulator to conduct an investigation into vertical integration at industry super funds and related conflicts of interest.
A corporate superannuation fund has pushed back its date of a planned successor fund transfer to Sunsuper by a year and is prepping members for potential future delays from COVID-19.
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