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Defined benefit fund in SFTBY ELIZABETH MCARTHUR | FRIDAY, 23 APR 2021 10:46AM
A defined benefit fund with $77 million in funds under management is completing a successor fund transfer to a Mercer subplan.
Read more: FMIC, Equity Trustees, Mercer Super Trust, AIA Australia, Corporate Superannuation Division, Factory Mutual Insurance Company Superannuation, Mercer Outsourcing, Mercer Superannuation, OneVue, SFT
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AIA Australia's newly launched advice business has named a chief executive to lead its efforts, as the life insurer brings some Commonwealth Financial Planning advisers into the fold.
Yesterday's Standing Committee hearings on financial advice suggested the corporate regulator and industry superannuation funds are the only ones benefiting from increasing costs.
The superannuation startup geared at self-employed workers is looking to raise $1.5 million, as it sets it sights on 60,000 members in five years.
The Australian Financial Complaints Authority (AFCA) has made changes to its procedures to weed out complaints where the consumer didn't really suffer any financial harm.
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