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| | | ... owner, now sitting alongside the existing 15 industry super fund owners. Now, in its first move as an owner, Nest is handing over $930 million (€530m) to IFM Investors for an infrastructure debt fund that will invest in opportunities in the European ... |
| | | | ... which were active. The median account balance was $152,000 and the median member age was 53; close to 60% of members are aged over 50. "TelstraSuper remains committed to helping members achieve the best retirement outcome possible and would like to thank ... |
| | | | ... listed investment companies (LICs) and exchange-traded funds (ETFs) took aim at managed fund fee structures. During a "debate" over ETFs versus LICs, Australian Foundation Investment Company (AFIC) managing director Mark Freeman and VanEck deputy head ... |
| | | | ... guys for their potential and women for their administrative skills? These are things that I think we can see have happened over time," she said. "Rather than hiring your client's son, we could be recruiting with more inclusive language, having panels ... |
| | | | ... 38.2% to 40%. Industry fund growth came at the expense of self-managed super funds (SMSFs), which shrank from 24.5% to 22.7%. Over the past five years, industry funds have "gained significant momentum," KPMG said, increasing their market share by 10.4% ... |
| | | | ... early-stage research startups, supporting the commercialisation of technologies developed by local research institutions. Over time, its partnerships have grown to include seven additional universities, along with the Commonwealth Scientific and Industrial ... |
| | | | ... you're going to get that diversification," he said. "We've been through a very good period for balanced portfolios over the past 10-plus years where the correlation between equity and bonds has been negative. We've moved now to more neutral-to-positive. ... |
| | | | The Australian Financial Complaints Authority (AFCA) is opening public consultation on a string of governance changes, with a key focus on expanding its jurisdiction to include receiving banks in scam complaints. Following an engagement with an external ... |
| | | | ... million super tax, labelling commentary to the contrary as lies. Liberal Senator Andrew Bragg has copped heat from Chalmers over his claims that the Division 296 tax changes won't impact politicians with specific defined benefit arrangements that pre-date ... |
| | | | ... remain with HM1 until June 30 to oversee the transition. "Richard is a globally experienced chief executive and director with over 30 years' experience in the financial services industry," the board said. "His most recent executive role was as group ... |
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