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Superannuation

Daily Economic Round Up

BY PETER BELL | WEDNESDAY, 15 NOV 2006 11:00AM

The pay packets of management are back in the spotlight with news that the average salary of chief executives in Australian chief executives has risen by about three hundred per cent over the last couple of decades and that within the top 50 companies it is now 70 times average earnings versus the 20 times multiple of twenty years ago.

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Editor's Choice

Vanguard to acquire custodian Altruist

KARREN VERGARA

Vanguard will acquire custodian and investment platform Altruist in a bid to expand into the American independent financial adviser market.

FAAA pushes to expand NCA to financial advisers

RIDDHIMA TALWANI

Financial Advice Association Australia (FAAA) said it will advocate strongly to expand the scope of the New Class of Advisers' to all financial advisers, which will currently be limited to only superannuation funds and life insurers.

SMSFA appoints head of professional standards

RIDDHIMA TALWANI

The Self-Managed Super Fund Association (SMSFA) has appointed Keddie Waller as the head of professional standards.

UniSuper unlocks close to $15k for members moving into retirement

MATTHEW WAI

Eligible UniSuper members will receive a tax-free bonus of up to $14,700 when they move into retirement phase from October 1.

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