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| | | The prudential regulator has been questioned over super fund liquidity concerns by the Senate Economics Committee. Senator Andrew Bragg issued a letter to APRA putting the regulator on notice to answer a number of questions related to super funds. "I ... |
| | | | Despite all the jaw dropping falls that investors have endured during the COVID-19 crisis, the US oil price crash overnight may just be the worst. The price of West Texas Intermediate crude oil for May plunged more than 190% during trade on Monday ... |
| | | | The peak body for industry superannuation funds has launched an advertising campaign to warn Australians against crystallising their losses amid the market turmoil caused by COVID-19. Re-using a line from the backing track present in its television ... |
| | | | ... Sydney, with all her meetings taking place online. "I actually think business efficiency has dramatically increased from the switch, but compliance has too," she said. "I record all of my client meetings, and I've been doing that for that whole four ... |
| | | | Hostplus has responded to a series of reports suggesting the fund does not have ample liquidity to handle the government's plan to allow people to access their super early and claims it updated its PDS in preparation for mass redemptions. As part of ... |
| | | | ... quandary of maintaining a medium to long-term investment horizon in their portfolios while members have the ability to switch investment options or funds on a short-term basis. Because unlisted assets aren't valued daily, trustees must walk a fine line ... |
| | | | ... Doyle said. "What I think has been wrong is the focus on equity-heavy portfolios, but what we don't want is a completely switch to very defensive portfolios either." Vynokur, who runs a cash ETF through BetaShares, said he has noticed a change in investor ... |
| | | | AMP has delayed the successor fund transfer of one of its superannuation clients, who previously decided to switch to another fund, citing current market volatility. Anglican National Super in October 2018 decided it would end its 14-year long relationship ... |
| | | | ... adviser time to focus on delivering advice to their clients. "Prior to this change, if advisers wanted to make any investment switch they would have to manually calculate the buy-sell spread, then get it checked and loaded up into XPLAN," he said. "It ... |
| | | | The $10 billion industry superannuation fund has issued a notice to members detailing changes to investment fees, admin fees, insurance premiums and investment objectives. Statewide Super has revised its long term investment objectives for high growth ... |
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