Default life insurance reforms ineffective: ResearchBY KARREN VERGARA | WEDNESDAY, 13 JUN 2018 4:46PM
The Federal Government's proposal to ban default life insurance in superannuation for younger members and those with low balances would supress retirement savings and cost the economy $2.46 billion annually, latest research from AIA Australia shows.Read more: Insurance, Default, Superannuation, AIA Australia, Research, PC, Federal Government, Australians, Budget, Productivity Commission, Damien Mu, New Zealand, Scott Morrison
Following its acquisition of a stake in Escala Partners, New York-based Focus Financial Partners is set to buy a slice of Melbourne-based MEDIQ Financial Services.
With the coronavirus, now dubbed COVID-19, impacting not only many lives, but now also the bottom line of some of the world's biggest companies, investors are chasing shorting opportunities to bank big on the pandemic.
A former chair of the SMSF Association has returned for another stint in the top job.
The chief executive of a $5.5 billion industry superannuation fund has spoken out against increasing the superannuation guarantee to 12% in a submission to the Retirement Income Review.
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