Chief economist update: The hazard of being a safe havenBY BENJAMIN ONG | WEDNESDAY, 21 AUG 2019 9:56AM
Mounting uncertainties are pushing investors into safe haven assets such as longer-term bonds and currencies like the Swiss franc and the Japanese yen.
Read more: US, BOJ, China, South Korea, Ahh, Argentina, Bank of Japan, Bloomberg, Board, Brexit, Germany, Hong Kong, Italy, Land of, Russia, Trump
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Insurance in superannuation is now opt-in only for new members under the age of 25 and those with low account balances, after the government's Putting Members' Interest First super reforms passed through the Senate yesterday.
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Intrust Super has relaunched its robo-advice offering, increasing the solution's speed while decreasing the user input requirements.
Brett Himbury, the chief executive of the $148 billion industry-super-owned fund manager, is stepping down after a decade in the role in a surprise announcement made this morning.
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The Federal Court of Australia has found IOOF did not contravene the Superannuation Industry Supervision Act in the case brought against its APRA-regulated entities by the prudential regulator.
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