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| | | The federal government is driving hard the importance of accessing quality, affordable financial advice. Minister for Superannuation, Financial Services and the Digital Economy Jane Hume has flagged the opportunities the Morrison government will take ... |
| | | | More than one million New South Wales residents took advantage of the early release of superannuation scheme, withdrawing $10 billion, new analysis shows. Industry Super Australia looked at the popularity of the ER S scheme across suburbs and found ... |
| | | | The life insurer is a step closer to finalising the acquisition of CommInsure Life, having now contacted policyholders. AIA Australia and CommInsure Life has sent a letter to CommInsure policyholders to inform them of the intended transfer by way of ... |
| | | | ... the White House Council of Economic Advisers during the Clinton administration. Yellen was the first woman to lead the US Fed, and if her nomination is confirmed she would also be the first woman to lead the Treasury department in the US. Adewale Adeyemo ... |
| | | | The Australian Taxation Office (ATO) has confirmed it is still working with the Australian Federal Police (AFP) to crack down on early release of super scams which cost Australians over $6 million. Combined, the value of scams rose 23% in 2020, with ... |
| | | | The All Ordinaries index finished 2020 with a gain of 0.7%. Nothing to write home to mother about, especially compared with the 16.3% and 16.0% surge in the S&P 500 and the Nikkei-225, respectively, over the same period. However, the local bourse's ... |
| | | | The SMSF Association has welcomed a new law that will allow the partial commutation of legacy pensions. The change was announced in the federal government's mid-year economic and fiscal outlook (MYEFO), which was released last December. Retirees with ... |
| | | | The corporate regulator has cancelled the Australian financial services licence of Halifax Investment Services nearly two years after it was placed into administration. The cancellation took effect from 8 January 2021 and allows the licence to operate ... |
| | | | The $180 billion superannuation fund has been ordered to audit certain procedures, after a member's complaint to a federal regulator found the fund interfered with their privacy. The Office of the Australian Information Commissioner (OAIC) on December ... |
| | | | Schroders has announced the appointment of a new portfolio manager to its Australian private debt team. Tim Hallam will join head of private debt Australia Nicole Kidd in the newly created role from 13 January 2021. Most recently Hallam was the executive ... |
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