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Westpac scraps SG direct debitsBY KARREN VERGARA, JAMIE WILLIAMSON | MONDAY, 21 SEP 2020 6:00AM
As Westpac pulls the plug on QuickSuper, a direct debit superannuation payment option for employers, there are fears the lack of automation could potentially worsen the unpaid super problem.
Read more: Westpac, ATO, Superannuation, SuperStream, AustralianSuper, QuickSuper, Australian Banking Association, Australian Tax Office, BT, CareSuper, Dean Martin, Hostplus, Industry Super Australia, InPayTech, Shawn Blackmore, Single Touch Payroll, Statewide Super
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Dimensional's sustainability suite is being expanded with the introduction of a new emerging markets fund with an ESG filter.
Pendal chief executive Nick Good says the firm is not ruling out future acquisitions, as it finalises its $414 million purchase of US value-oriented manager Thompson, Siegel and Walmsley.
The Victoria government's LaunchVic is looking for a fund manager to run a $120million startup fund.
The Association of Financial Advisers (AFA) has raised concerns about the cost of the government's proposed Compensation Scheme of Last Resort and the fact that super funds and managed investment schemes are excluded from the proposed regulation.
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