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| | | ... retirement. "Every time a retiree uses their super savings to buy groceries, pay a utility bill, visit family, take a holiday, or make a long-awaited home improvement, their spending helps power Australian jobs and support local businesses," Schubert ... |
| | | | ... noted allowing people to access super early would be "economically disastrous". "This policy would push up inflation and make people poorer in retirement. It's as simple as that," Delahunty said. "Most Australians understand the basic economics. When ... |
| | | | ... period, the recent Parliamentary Joint Committee on Corporations and Financial Services inquiry heard, which attempted to make sense of why he was generously rewarded amid regulators taking serious action against the company. Diversa chair Vincent Plant ... |
| | | | ... (US$234bn) in retirement savings at the time, placing it the 19th spot. AustralianSuper's $361 billion (US$260bn) assets make it the top-ranking Australian pension fund, inching one spot to 16th from the prior year's 17th placement. Rest and ... |
| | | | ... root cause of First Guardian's failure was fraud and that this is the reason why it is seeking a government bailout to make members whole. Vincent Plant, Diversa's independent director and chair, blamed the financial advisers who recommended ... |
| | | | ... in the continued development of our Australian private wealth business, and we look forward to the contribution they will make to our business and the clients we serve," Chisholm said. |
| | | | IFM Investors has opened its first office in Singapore to capture growth opportunities in a region "under allocated" by institutional investors. The organisation said the Singaporean presence reinforces its long-term commitment to the region and positions ... |
| | | | ... intended to change. There will be a new option for discretionary trusts to be exempt from the minimum tax if they elect to make fixed distributions to pre-nominated beneficiaries, as an alternative to roll-over relief. The election would not require ... |
| | | | A global and US equity strategies portfolio specialist from T. Rowe Price moves to Fidelity International to help grow the fund's fundamental equities franchise in Australia. Tamzin Manning will be working closely with portfolio managers, clients ... |
| | | | Ausbil Investment Management has recruited a senior investment analyst from Bennelong Australian Equity Partners to join its Australian equities team, and announced an internal promotion. Andrew Donlan joins Ausbil, effective September 10, from Bennelong ... |
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