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APRA 'continuing to monitor' UniSuper outage
UniSuper has commenced the restoration of its services, as APRA confirms it is monitoring the situation.
Morningstar unsure if KKR's Perpetual bid benefits shareholders
Morningstar has maintained its fair value estimate of $26 per share for Perpetual stock, even after KKR confirmed it will buy its wealth management and corporate trust businesses yesterday.
SMC says 'reckless' plan could cost taxpayers $1tn
Super Members Council has slammed the Coalition's super for housing plan yet again, saying it could cost taxpayers.
Advisers must unite for major reforms: SIAA
Financial advisers will need to band together to successfully get through another of period of reforms that will ultimately make advice accessible and affordable, this year's Stockbrokers and Investment Advisers Association (SIAA) Conference will hear.
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
Trustees know default members balances, they could provide different asset allocations based different balances rather than a one size fits all SAA!
Even better they know the balance, how much it grew last year, their age and that they are likely to retire at age 65. They should project default members retirement balances, split the members into different groups using this and provide each group a different SAA. Now that would be acting in members best interest - it may even lead to member engagement.