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| | | ... again be required to meet the gap for the foreseeable future," chief executive Blake Briggs said. "This is another blow to law abiding financial advice businesses who face continued cost pressures and who will again be called on to pay up to the $20 ... |
| | | | FNZ, the global wealth management platform, has secured US$650 million in new equity funding from institutional shareholders to support its long-term business plan. The investment comes from sophisticated investors, including La Caisse, Generation Investment ... |
| | | | ... wait until the last minute, we want employers to start planning for Payday Super now to ensure they are prepared for when the law takes effect." During the first year of the new legislation, the ATO will recognise employers that try to do the right thing ... |
| | | | ... Fund (NZSF), has also been criticised for its holdings in Israeli companies and bonds. Myra Williamson, a senior lecture of law at the University of New Zealand, confirmed with a government representative via an Official Information Act request that ... |
| | | | Metrics Credit Partners has strongly supported ASIC's calls for the private credit industry to deliver enhanced standards and says it looks to play a leading role in the process. ASIC's deep dive into the private credit sector revealed fund managers ... |
| | | | Colonial First State and AIA Australia will pay a combined $140 million to settle a class action lawsuit brought by hundreds of thousands of super fund members who paid excessive insurance fees. The class action was launched by Shine Lawyers in January ... |
| | | | Private credit fund managers downplay the risks of their products and flout basic disclosures of the state of their investments, ASIC's investigation reveals, fearing they have the potential to harm investors, the sector itself and the broader financial ... |
| | | | There are many myths about retirement, and one of the most common is that people will run out of money. Even as Australians live longer and many spend up to three decades of their lives retired, the Retirement Income Review (RIR) found the typical retiree ... |
| | | | ... super is achieving its core objective," Delahunty said. "The sector has long advocated for this change, and now that it's law, the real work begins: ensuring regulations are practical, delivering a smooth transition for employers, payroll providers ... |
| | | | ... its compliance with the target market determination (TMD) and product disclosure statement, and whether it has breached the law in relation to its investments. "Clime Asset Management Pty Limited is a wholly owned subsidiary of Clime Investment Management ... |
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