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| | | ... regulators said they will consult on the list of specific key functions for insurance and superannuation entities in due course, though noted they'll likely be similar to those given to ADIs. The list of data items for inclusion in the FAR Register ... |
| | | | ... survey participants' preferred technology development strategy, 75% reported that they prefer to work with external parties. Though, respondents were unlikely to consider outsourcing client facing activities, including onboarding, client services, reporting ... |
| | | | ... for Catholic Super members however, who to now have paid only 0.18%; their weekly admin fee is reducing from $1.80 to $1 though. On the product front, all investment options have been combined on the one menu, including several new offerings. A new low-cost ... |
| | | | ... unproven technologies and the CHESS replacement project was just that," Pearce said. UniSuper does continue to hold the ASX though, with Pearce saying the "main redeeming feature is that the core businesses account for around 85% of revenues and are ... |
| | | | ... access to new segments, building market share and mitigating risks will drive deal appetite over the next year and beyond, though some transactions may be held up by valuation uncertainty and funding constraints in the short term," PwC said. "The need ... |
| | | | ... equities returned around 18%," Aware Super chief investment officer Damian Graham told Financial Standard. "Importantly, though, this result isn't just a reflection of strong equity markets. Diversification has played a key role in achieving such ... |
| | | | ... a real contrast versus the previous decade, when low interest rates, downward pressure on management fees and improved (though still imperfect!) transparency helped considerably to reduce like-for-like costs for investors," she said. Comparing costs ... |
| | | | New and emerging technology is the biggest threat to company culture within financial services firms, more than 60% of senior leaders say. According to a report by Allen & Overy (A&O Consulting), Organisational culture in financial services, 62% of ... |
| | | | ... elevated levels of cash due to its defensive stance across its portfolio, readying to seize new prospects as they emerge. Though, the fund has its eyes fixed on credit and infrastructure. Chatfield notes that Cbus has been "quite active" in the credit ... |
| | | | ... superannuation industry does not escape this change. A 2017 study by the Financial Services Council also found that even though 70% of Millennials had a superannuation account, they are uninterested and unengaged with it." Changing demographics and culture ... |
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