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| | | ... Choi's most recent research suggests that automatic enrollment and escalation, while cheap to implement and still helpful, did not have the big impact that policymakers hoped for. Factoring in Americans' job-switching and savings behaviours, automatic ... |
| | | | ... Price-to-Earnings ratios, and instead focus on economic measures of corporate performance and embedded expectations to create, not diminish, the wealth of clients. "Our proprietary framework, which has been refined over the past 30 years, is adept at ... |
| | | | ... week, the board said it has "no further detail on the proposed inquiry and is unaware of the extent to which it may or may not be involved in the inquiry." The senate referred the inquiry to the Wealth Management Companies to the Senate Economics References ... |
| | | | The Australian Prudential Regulation Authority (APRA) has put superannuation platform products under the microscope, saying their higher fees and costs are eroding members' retirement savings. Platform TDPs charged higher administration fees and costs ... |
| | | | ... adding that the only factor that will "increase repayment capacity" for prospective homebuyers is a higher annual income, not the size of their deposit. "Any additional capital given to homebuyers will only make the affordability problem worse for subsequent ... |
| | | | ... institutions, this has led to the "appearance of compliance", where frameworks and policies exist but it's mere lip service and not true regulatory compliance in practice, he said. Kaizen Recruitment director of legal, risk, and compliance Amanda Chisholm ... |
| | | | Research from the Association of Superannuation Funds of Australia (ASFA) shows only half of all adult Australians have consulted any source of information on preparing for retirement. The group says Tranche 2 of Delivering Better Financial Outcomes ... |
| | | | ... and an administration fee of 0.20% per year of a member's account balance. Account balances with $349,000 or below will not be affected. For balances between $349,000 and $474,000, the admin fee cap will increase by between $1 and $250 p.a. Balances ... |
| | | | ... competition among banks and made it increasingly expensive for them to lend to first home buyers. "Just as zero inflation is not the RBA's goal, zero mortgage delinquencies is an unattainable and undesirable goal for APRA," Reardon said. "Despite this ... |
| | | | ... career and her dedication to the actuarial profession make her a deserving recipient of this award. Her contributions have not only advanced the field but also inspired many within the profession." Meantime, Actuaries Institute chief executive Elayne ... |
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