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
The longstanding chief executive of Colonial First State Global Asset Management has resigned.
The executive team at a Melbourne-based global equities manager has bought out the majority stake held by its parent firm. The buyout includes a name change and new board chair.
As the winding down of Arnhem Investment Management rolls on, the portfolio manager of its Global Growth SMA is bowing out.
Self-managed super fund trustees are using multiple SMSFs to manipulate tax outcomes, Australian Taxation Office deputy commissioner superannuation James O'Halloran said in his speech to the National SMSF Conference in Melbourne.
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