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Higher pension age to drive increase in early super releasesBY ALEX DUNNIN | WEDNESDAY, 7 MAY 2014 11:05AM
The government's decision to lift the pension age has raised the ire of advocates for manual workers but these workers represent only a minority of the workforce.
Read more: Superannuation, Australia, Australian Bureau, Department, Human Services, Statistics
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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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