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Super funds suit up for Royal CommissionBY KARREN VERGARA | MONDAY, 6 AUG 2018 9:17AM
The financial services Royal Commission will put Australia's $2.6 trillion superannuation system under the spotlight over the next two weeks and legal experts say a key question is whether conflicts of interest are influencing super funds and letting ordinary working Australians down.
Read more: Australia, Royal Commission, AMP, ASIC, APRA, Cbus, Anthony Asher, AustralianSuper, Jonathan Steffanoni, Luke Hooper, Melbourne, Mills Oakley, Superannuation Industry Act, University of New South Wales
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Delivering Income from Infrastructure
In another first for Pinnacle Investment Management this week, the firm has set up a North American-based affiliate in a small-cap equities fund manager.
The $65 billion industry superannuation fund has welcomed a head of investment product and communications who has previously held roles with MLC Asset Management and BlackRock.
Mirae Asset Global Investments has appointed Citi Australia as its provider of custody and fund administration services for its Australian funds management business.
The Retirement Income Covenant's introduction to parliament yesterday has been welcomed by major industry bodies.
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