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| | | Former Senator and Minister for Superannuation, Nick Sherry, has been appointed chairman of technology and administrative services provider FNZ Australia. The appointment was announced in conjunction with the promotion of current managing director for ... |
| | | | Australia has achieved a world-class superannuation savings scheme, but retirement income remains a significant challenge, according to one manager. Alan McFarlane, chief executive officer at Edinburgh-based Dundas Global Investors said the Australian ... |
| | | | Mathias Cormann, Shadow Assistant Treasurer and Shadow Minister for Financial Services and Superannuation, came out swinging yesterday, accusing the Federal government of implementing "chaotic and unpredictable" regulations. Cormann swore a "blood oath ... |
| | | | ... managing director, Vanguard investments. James was speaking yesterday as part of a panel discussion on the impact of superannuation and advice reforms on the funds management sector, with Greg Cooper, CEO, Schroder Investments. We need to perform, or ... |
| | | | ... is undertaking a commercial assessment of funds and moving away from its traditional role of simply safeguarding superannuation, he said. What this set of criteria does is move it one step towards measuring the commerciality of the various funds that ... |
| | | | ... property that earned 9% and a similar proportion in cash that earned 5%, the research found. "Because so much of superannuation is invested into equities, their poor return was such a deadweight on funds overall that stellar returns from bond and property ... |
| | | | ... would be to better describe the role of the custodian within the Product Disclosure Statements which are issued by superannuation fund trustees and managed investment scheme operators, to ensure consumers are more informed," the association said. The ... |
| | | | ... wealth sector," he said. But to put in context, APRA's deputy chair Ross Jones said that Trio is the one instance of superannuation fraud in a decade. "Without diminishing the implications of that, by world standards, it's been pretty good." While Trio ... |
| | | | ... minister said that within five years, the transition into MySuper will be complete and will drive commission-free superannuation for millions of Australians. He added that Australia will likely have better governance which will encourage greater diversity ... |
| | | | The Pension Beneficiary Living Costs Index rose 0.5% for the June quarter 2012 and 1% across the last 12 months, matching regular inflation. The index, measured by the Australian Bureau of Statistics, tries to capture changes in living costs for retirees ... |
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