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| | | Industry Fund Services (IFS) has recovered a record $250 million in unpaid superannuation in the 2025-26 financial year, bringing its total recoveries to $2.5 billion since the service commenced. This comes just a month after the Payday Super reform ... |
| | | | New research from Morningstar found super funds rebounded "strongly" in the second quarter of the calendar year, reversing weakness recorded in 1Q26. According to Morningstar's Superannuation 360 report for Q2 2026, super returns recovered through their ... |
| | | | ... say things like, 'I'm sorry for your loss, here's the process, here's what you'll need to do,' and show a bit of empathy and compassion as part of the conversation. They didn't do that. They performed really poorly on that." ... |
| | | | The Super Members Council (SMC) said half a million teen workers across Australia will miss out on $411 million in super this financial year due to the current exclusion if they work part-time. The SMC said the outdated law is prohibiting around 530,000 ... |
| | | | Despite only accounting for less than 10% of the total complaints lodged, investment and advice complaints have seen the steepest increase in FY26, data from the Australian Financial Complaints Authority (AFCA) shows. AFCA received a record 119,949 ... |
| | | | The Productivity Commission's (PC) 2026 Annual Data Compilation Report (ADCR), which tracks Australia's performance towards the targets and indicators in the National Agreement on Closing the Gap, shows that of the 19 targets, one has been met, three ... |
| | | | Pengana Capital Group is threatening legal action against Pengana International Equities (PIA) - the Wilson Asset Management-led board LIC - after shareholders overwhelmingly backed a buy-back it objects to, alleging among other things, "material conflicts ... |
| | | | ... commitments to security holders," Du Vernet said. "We have a high-quality investment portfolio and transactions like these show we can secure liquidity at pricing which represents a significant premium to what is implied in the Dexus security price. ... |
| | | | ... Finance Industry Association (AFIA) "directly addresses the systemic risk rationale cited in support of the ban." The findings show over 16,000 new residential SMSF loans were written in FY26, with total security of $10.3 billion, which is approximately ... |
| | | | ... positive shift in the trend or mostly statistical noise, given that most of the other recent survey indicators for the economy show weakening. "The sharp rise in employment in June, followed two months which had netted to a close to flat result, which ... |
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