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| | | Active fund managers still have a stronghold of the funds management landscape over passive strategies, overseeing US$2 out of every US$3, a new report finds. Calastone's latest research found that in Australia, inflows to active funds surged in ... |
| | | | Allowing Australians to use their superannuation savings to buy property will push up house prices and worsen affordability for low-income earners, says ASFA. Liberal member of parliament Tim Wilson is currently campaigning to let Australians use their ... |
| | | | ... ramifications, some wish to use the Retirement Income Review's findings to cut super for millions who otherwise wouldn't save enough for retirement." "This would be a terrible outcome as a more realistic working life pattern shows the current super rate ... |
| | | | The Federal Treasurer is confident that the Retirement Income Covenant will go ahead in mid-2022 despite several issues that need to be ironed out. In addressing the 2021 Council of the Ageing (COTA) National Policy Forum on Retirement Income this morning ... |
| | | | IOOF expects to spend up to $32 million on paying out Buyer of Last Resort arrangements with financial advisers leaving its network, primarily from Bridges Financial Services. At its half year results yesterday, IOOF reported an expected BOLR spend ... |
| | | | ... ownership, which are experienced for around 50 years - during both your working life and retirement," Wilson said. "You can save for retirement after you own a home, you can't save for a home in retirement. That's why it should be home first ... |
| | | | ... underperforming funds will be stapled to those funds," she said. A Financial Services Council analysis found stapling can save consumers up to $1.8 billion in fees in the first three years after implementation, chief executive Sally Loane said, but is ... |
| | | | ... relevant sections in stages, and offers a custom-branded solution for each practice. The initial beta testing found advisers save around 20 minutes during the fact find process and led to higher client engagement as the adviser can tailor the fact find ... |
| | | | AustralianSuper and UniSuper have bolstered their investments in a major road development based on the east coast of the US. Together with the Canada Pension Plan Investment Board (CPP Investments), the superannuation funds will acquire a 50% stake ... |
| | | | ... 2024," MYEFO stated. As such, to Titus Maccius Plautus' quote, "You must spend money to make money", we must add, "to save money", or in the MYEFO Budget revision... to spend less money. "The underlying cash balance is now expected to be a deficit ... |
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