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| | | The government is refreshing its super co-contribution law for low-income earners as the sunset date is due to kick in. Senator Jane Hume released the draft regulation Superannuation (Government Co-contribution for Low Income Earners) Regulations 2022 ... |
| | | | Industry groups have labelled the APRA heatmaps a wake-up call to consumers about the importance of having their superannuation invested in a well performing fund, though there's still doubts as to the accuracy of the regulator's process. The release ... |
| | | | Not long after Labor suggested it would not require older financial advisers to get degrees, the Liberal party has now backflipped on education standards to match Labor's policy. Minister for superannuation, financial services and the digital economy ... |
| | | | Colonial First State has re-signed with SimCorp to provide back-office support as it overhauls its systems. CFS will migrate its platform and data management to Datacare, SimCorp's cloud-based data management service, after announcing it received a ... |
| | | | HESTA has launched a digital tool to improve the accessibility of financial advice to its members, many of whom may experience barriers accessing conventional services provided by the broader industry. Since going live eight weeks ago, more than 60,000 ... |
| | | | The corporate regulator is adding an executive director of operations, chief financial officer and chief people officer. Announcing the appointments today, ASIC said they are intended to strengthen its capability and effectiveness. Joining in January ... |
| | | | Wealthy investors tend to shun technology and prefer to keep track of their assets manually, according to Praemium. The survey, conducted with Investment Trends, suggests a minority of high-net-worth investors (11%) access an online digital portal and ... |
| | | | AMP Capital has had two multi-sector funds downgraded from neutral to negative by Morningstar, with the research house citing staff turnover as the reason for the downgrades. The AMP Capital Core Retirement Fund and AMP Capital Multi-Asset fund were ... |
| | | | Fidelity International has launched one of its managed funds as an actively managed exchange-traded fund on the ASX. The Fidelity Global Demographics Fund listed on the ASX as FDEM. It invests in up to 70 global stocks and aims to beat the MSCI All ... |
| | | | BT Financial Group cut fees for its MySuper and Choice members, almost halving their dollar-based annual administration fee from $108 to $56. BT said more than 470,000 members will have an automatic reduction in their annual administration fee from ... |
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