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Stapling will benefit Hostplus: David EliaBY KANIKA SOOD | WEDNESDAY, 19 MAY 2021 12:44PM
Hostplus chief executive David Elia said the government's stapling proposal would be good for the industry fund even if it may not be the right thing, at the Conference of Major Superannuation Funds this morning.Read more: ERS, Hostplus, Conference of Major Superannuation Funds, David Elia, UniSuper, Dascia Bennett, Kevin O'Sullivan, SA Super, Scott Pape
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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