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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
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The Association of Financial Advisers has appointed a new chief executive to replace Phil Kewin who resigned earlier this year.
The Federal Court will force BT Funds Management and Asgard Capital Management to pay $1.5 million each for charging fees for no service and making misleading statements.
Among the changes announced this morning, AMP is putting an end to all Buyer of Last Resort arrangements at the end of the year and giving advisers the freedom to leave the network with their clients from 2022.
Weekly review of significant economic data, government and central bank action and pronouncements, and other market moving events.
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