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| | | ... application. Men were found to be more likely to be deceitful at 29% than women at 11%. Lying about smoker status emerged as one of the most common reasons at 9% as did mental health at 9%. This was followed by the nature of one's job (8%), alcohol consumption ... |
| | | | ... investment officer Kristian Fok puts the result down the fund's approach to its strategy throughout the pandemic. "Cbus was one of a small group of funds to achieve a positive result (0.75%) during the previous 2019/20 financial year. To then have the ... |
| | | | ... from the House of Representatives Standing Committee on Economics, which at times devolved to committee members yelling over one another. AustralianSuper chief executive Ian Silk and Cbus chief executive Justin Arter appeared before the committee, chaired ... |
| | | | ... at 10 consecutive performance tests, which cover a total of 17 years of fund performance (i.e. the first test covers years one to eight, the second covers years two to nine, while the 10th test covers years 10-17), a product with a 10% probability of ... |
| | | | ... includes death and TPD. As an example, a 34-year-old male member of BT Super for Life previously paid $11.41 each month for one unit of cover ($100,000). From August 1, the member would pay $1.50 extra a month, equalLing $12.91. BT last year switched ... |
| | | | ... information, general advice and scaled advice overhauled. It is too long and clashes with the FASEA requirements, they said. One interesting finding is that over two thirds of the 215 participants, when asked about robo-advice, said they do not provide ... |
| | | | ... as voted by their peers in the industry. We encourage you to nominate an adviser or advisers who you think deserves to be one of the FS Power50." Those nominated for the Power50 should be financial advisers who have actively participated in industry-based ... |
| | | | Westpac announced the sale of its New Zealand life insurance arm, finding a buyer in Fidelity Life Assurance, which is backed by NZ Super Fund. The institution is selling the life insurance division for NZ$400 million ($373 million) in addition to a ... |
| | | | ... AustralianSuper (1123 complaints to AFCA), Rest (708), Hostplus (404), AMP Super (367) and NAB's Nulis Nominees (320). Overall, the one-stop-shop for financial complaints received 70,510 complaints in the 12 months to June end. This was 12% lower than ... |
| | | | ... Botany, in which the fund has a 20% stake. "The logistics sector is a vital and growing part of the Australian economy and one that AustralianSuper sees significant opportunities in," Towning said. "Moorebank Logistics Park is a high-quality asset with ... |
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