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| | | Less than 1.5% of gig economy workers are contributing to a superannuation account, a new report from the Actuaries Institute reveals. That's a key finding from the Actuaries Institute report, which also found that even when they do make contributions ... |
| | | | ... SuperConcepts and AMP Australia's managing director of superannuation, retirement and platforms is leaving the organisation, parent company AMP has confirmed. Lara Bourguignon is the managing director of superannuation, retirement and platforms for ... |
| | | | ... retail funds can also effectively bypass much of the requirements of the new laws test by filtering expenditure through the parent company or other arms of the business. ISA chief executive Bernie Dean said that while ISA supports the governments Your ... |
| | | | ... sale of its stake in BoCommLife. The bank will divest its 37.5% stake in BoCommLife to MS&AD Insurance Group Holdings, the parent company of Mitsui Sumitomo Insurance Co for $886 million. CBA has revised the non-cash gains and losses of divestments of ... |
| | | | ... veteran has joined the board of Bennelong Funds Management. Michael Dwyer joined the board of the fund manager and its parent company Bennelong Funds Management Group as non-executive director on December 1. Dwyer served as First State Super chief executive ... |
| | | | Acadian Asset Management has reduced fees for several of the funds it, and its parent company, manage in Australia. The asset manager said in addition to reducing base fees, all performance fees have also been removed. "As a result of the changes, the ... |
| | | | Commonwealth Bank's lucrative Dollarmites program has taken another blow as Victorian schools have banned such programs in favour of financial lessons. Dollarmites came under fire in 2018 when ASIC began a review into school banking programs. In its ... |
| | | | ... adoption, surrogacy, IVF, miscarriage and stillbirth are all covered under the new plan. Employees who are the primary parent will be entitled to 16 weeks' paid leave. In total, they will be able to request up to two years' leave. Importantly, they will ... |
| | | | ... financially material environmental, social and governance issues throughout the investment process, he added. Separately, parent company State Street named Richard F. Lacaille as senior investment adviser to manage company-wide leadership of ESG solutions ... |
| | | | While not making explicit recommendations, the Retirement Income Review has warned against increasing inequities already in the system, citing that a rise in the super guarantee would benefit men more than women. The review has stated that consideration ... |
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