"We were wrong about super": FSC chairBY ALEX BURKE | THURSDAY, 21 JUL 2016 12:49PMThe superannuation system was sold incorrectly to Australians, according to the Financial Services Council's new chair Geoff Lloyd. Related News |
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Apostle taps former Platinum AM chief
|Apostle Funds Management has appointed a new chief executive following the departure of managing director Mitchell Gunman earlier this year.
LRBA ban raises questions as new details emerge
|New data indicates the impact of the LRBAs ban for SMSFs may have been underestimated, which will affect a market significantly larger than what officials suggested, with major implications for housing supply and competition in the mortgage market.
IFM acquires shopping centre portfolio for $300m
|IFM Investors has acquired a shopping centre portfolio to be developed and built by Australian-owned developer-builder Oreana with a value of approximately $300 million, as it seeks to harness a surge in convenience-based shopping.
VanEck targets tech thematics with trifecta launch
|VanEck is bringing three ETFs to life for local investors to access thematic investments across several emerging technology sectors, including what it says is "Australia's first dedicated quantum computing ETF."
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Hugh Killen
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
The 15% objective from the Keating era was 9% by the employer, 3% by the member and 3% by the government.
There was no expectation that employers pay more than 9%.