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Treasury agreed with Grattan SG modellingBY KANIKA SOOD | TUESDAY, 24 SEP 2019 12:37PM
Grattan's report arguing Aussies retire with enough and government should scrap increasing the superannuation guarantee to 12% was "broadly consistent" with Treasury's own modelling, staff emails show.
Read more: OECD, Grattan Institute, Australian Institute of Superannuation Trustees, Brendan Coates, Commonwealth Rent Assistance, Industry Super Australia, internal Treasury, ISA, Nathan Bonarius, Phil Gallagher, Rice Warner, Stuart Robert
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Victoria Funds Management Corporation has promoted a senior portfolio manager to head of equities, and hired from outside the company to fill the vacant role
COVID-19 has seen more than half a million Australians lose their jobs and countless businesses shuttered but for SMSF trustee landlords offering rent relief to those facing financial hardship could mean they fail to meet the sole purpose test.
Liberal MP Tim Wilson has written to APRA chair Wayne Byres urging the regulator to conduct an investigation into vertical integration at industry super funds and related conflicts of interest.
A corporate superannuation fund has pushed back its date of a planned successor fund transfer to Sunsuper by a year and is prepping members for potential future delays from COVID-19.
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