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| | | Senator Andrew Bragg is calling for greater scrutiny of how superannuation funds spend members' money, slamming the system that has enjoyed three decades of unquestioned opacity. Appearing at an Association of Superannuation Funds of Australia event ... |
| | | | New research has identified that urgent short-term need for money is the main driver for people withdrawing their superannuation savings under the COVID-19 ERS scheme. The study, conducted by the ARC Centre of Excellence in Population Aging Research ... |
| | | | ... 2019-20 financial year but has almost recovered the losses instigated by the global pandemic, the latest Plan For Life data show. The sector, which comprises mutual funds on wraps, platforms and master trusts, reached $824.3 billion for the period, according ... |
| | | | Customer satisfaction will retail funds fell by 2.5% while satisfaction in industry funds rose 0.2%, according to new data from Roy Morgan's Superannuation Satisfaction Report. The report shows an overall super fund satisfaction with financial performance ... |
| | | | Nucleus Wealth and Arrow Financial Advice have partnered to launch a white label digital advice platform, set to feature actively managed portfolios and over 30 ESG filters. This will make it the most comprehensive robo advice service in the Australian ... |
| | | | Retail superannuation funds provided by AMP and OnePath continue to charge high fees and deliver poor returns for members, the latest Fat Cat report shows. For the sixth year in a row, AMP continued to dominate robo-adviser Stockspot's Fat Cat list ... |
| | | | ... the banking and finance sectors is starting to pick up, after dropping 48% in April and May, latest job advertisements data show. A SEEK analysis between July and August shows demand in financial planning, compliance and risk, and banking increased by ... |
| | | | $48 billion industry fund Hostplus has awarded a private equity mandate with the aim of helping it ride out COVID-19 induced volatility in global markets. Natixis Investment Managers private equity subsidiary Flexstone Partners won the mandate from ... |
| | | | ... April 16. This, along with fiscal and monetary policy support, has allowed the economy to slowly recover. Latest indicators show that Japan's past its worst - i.e. the worst economic slump on record with GDP collapsing at an annual rate of 28.1% ... |
| | | | Aware Super and Lendlease have closed nearly $200 million in recapitalisation loans on assets in Boston and Chicago, working with Japan's Sumitomo Mitsui Banking Corporation and Singapore's OCBC Bank to close the deals. Lendlease and Aware Super - formerly ... |
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