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| | | The Association of Superannuation Funds of Australia (ASFA) has developed a new retirement standard, the ASFA Retirement Standard for Older Retirees, which outlines the expenditure required for Australians aged 90-95 to maintain a comfortable or modest ... |
| | | | ... current priority, Lucas continued, is helping advisers access ethical ETFs and introducing international "ethically based" funds to the Australian market. "These developments," he argued, "will give advisers more products and choices to build better ... |
| | | | ... returns on these investments fund scholarships, staff salaries, research projects and new infrastructure. In many cases the funds are donated to the University for these purposes. The University has a responsibility to invest wisely but also in a manner ... |
| | | | ... superannuation fund providers to investigate their response to the MySuper regulatory framework governing default retirement savings funds. The key finding was that MySuper has encouraged product providers to separate default members out into a single ... |
| | | | ... into international assets in 2014, up from 26% in 2012. The report suggests much of this exposure will be in multi-region funds (rather than US-specific ones), with 70% of respondents planning to invest in these over the next 12 months. This reflects ... |
| | | | The number of private ancillary funds (PAFs) established in 2014 reached the highest level since the start of the global financial crisis in 2008. As many as 150 PAFs were established in Australia during 2014, compared to around 80 the year before ... |
| | | | ... Energy Super's predecessor, in May 1995. Henricks guided the formation of Energy Super through the merger of industry super funds ESI Super and SPEC Super in April 2011. The fund has since grown to more than 49,000 members, predominantly in the energy ... |
| | | | ... of non-bank lending looks promising with the doors to competition starting to open presenting opportunities for mortgage funds like these. "With interest rates predicted to remain low for some time to come, mortgage funds are very well placed to provide ... |
| | | | ... acquisition of Queensland Motorways, setting a new precedent for the kinds of financial activities in which superannuation funds may be involved. While Delaney told Financial Standard he was open to underwriting other transactions in the future, he insisted ... |
| | | | ... to reintroducing commissions in general advice did not please consumers, financial advice organisations or industry super funds. By February, the debate became so heated that it made its way into mainstream media, bringing financial advice under the ... |
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