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Market wrap PMBY AAP | FRIDAY, 10 OCT 2014 12:35PM
The Australian sharemarket is headed for its biggest fall of the year as investors worry about weak global economic growth.Read more: US, Economics, ANZ, BHP Billiton, Commonwealth Bank, Dow Jones, Europe, Fortescue Metals, Germany, IG market strategist Stan Shamu, Japan, March, NAB, Oil, Rio Tinto, Santos, Thursday, Westpac, Woodside Petroleum
Lifecycle MySuper was a better bet than single strategy default funds for members below 40 years of age in FY21 as the equity markets rebounded after COVID, according to Rainmaker Information.
The advice group has appointed a head in Queensland, reporting to chief executive Terry Dillon.
Australia's exchange traded product market reached $115 billion at the end of June 2021, increasing 76% in 12 months - but according to Rainmaker research, only a small portion of that growth came from performance.
The chair of Clime Investment Management and one of its shareholders are calling for the removal of long-serving executive Neil Schafer.
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