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| | | ... products. Managed accounts also showed resilience, with a FUA decrease of 0.6%. Meanwhile, investment wraps retraced 4%, retirement platforms 5%, and personal super by 8%. IOOF was again the platform market leader with $143 billion FUA with an 18.5% ... |
| | | | ... advice to their members about their interest in the fund, the final report reads. This would include transition-to-retirement advice. Trustees would be free to decide how to charge their members for that advice, and restrictions on collective charging ... |
| | | | ... phase where they haven't yet reached maturity, and a lot of their members are needing to take money out through retirement. "That's a real driving force from a super fund perspective - the ability to match the time horizon of members to the investment ... |
| | | | ... developing a superannuation fund which encapsulates Vanguard's decades of expertise and experience in managing retirement savings to deliver on our mission to reshape super for the benefit of Australians and provide financial peace of mind." He added ... |
| | | | ... tax loopholes." He said that there's no pressure being taken off the budget in terms of providing for Australians' retirement, but "it certainly is providing a lucrative tax avoidance facility for multimillionaires." According to the ATO, there's just ... |
| | | | After almost three decades at the investment firm, head of Asia Pacific equities Geoff Bazzan has announced his retirement. "I have made the difficult decision to leave the business, and will transition out over the next several months, finishing on ... |
| | | | ... more Australians, and especially lower-income earners and women, can enjoy a better and financially-secure life in retirement." Further, Mercer's Super tax reform leading to fairer outcomes report highlighted three key benefits of its proposals. The ... |
| | | | ... community, with Australians becoming more financially literate and better able to support themselves, especially during retirement," it argued. Acknowledging the provision of tax deductibility for fees associated with the preparation of an initial financial ... |
| | | | ... APRA is focused on rectifying sub-standard practices, eradicating unacceptable performance, and influencing improved retirement outcomes. That's according to its 2023 supervision priorities, released today. It said it's all part of holding trustees to ... |
| | | | ... their super savings while an aged care professional with two children could see her super get an additional 4.2% at retirement. Meanwhile, a mother with two children who is working in the community services industry could retire with up to 7.1% more ... |
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