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| | | Cbus's former head of advice Greg Harper has launched a national referral program, looking to connect superannuation funds, accounting firms and other service organisations with financial planning groups. fpCentral, offered by Harper's firm ... |
| | | | ... in 2018. Future Super, which does not invest in fossil fuels, has about $1.44 billion in total assets across its superannuation and investment business on behalf of about 25,000 clients. The fund said the move to co-founder will see Kirstin responsible ... |
| | | | ... Going forward, Fok is breaking down the buying opportunities as immediate, pipeline investments and the bigger role superannuation could play in the economy. Fok said the COVID-19 downturn gave Cbus the opportunity to participate in eight equity raises ... |
| | | | With COVID-19 rapidly shifting the ground beneath them, only the fittest superannuation funds will survive, according to Hostplus' Paul Watson. Appearing as part of a virtual panel discussing mergers in super, Hostplus group executive member experience ... |
| | | | ... will impact equities markets. According to research house Rainmaker Information, at the end of 2019, Australia's superannuation funds owned approximately 38% of the ASX (across not for profit, retail and SMSFs), up from 26% a decade ago. Industry funds ... |
| | | | The $110 billion superannuation fund has decided to not appeal a Federal Court order upholding an AFCA decision but says it creates further obligations for superannuation trustees. In April, QSuper's board appealed unsuccessfully to the Federal ... |
| | | | ... for both members and the wider-sector. Burgess said he was excited to re-join the association, especially as the superannuation industry continues to undergo significant change. "At such an important and pivotal time for the SMSF sector, I am looking ... |
| | | | As more than $9 billion in super is requested for early release, Australia's largest superannuation fund has paid out over $1 billion, with funds for the industries hardest hit by COVID-19 not far behind. Australia's largest fund, the $185 billion ... |
| | | | ME Bank has come under fire after customers received letters telling them the redraw balances on their mortgages had been dramatically slashed without any warning. One letter from ME Bank, seen by Financial Standard, showed a customer's redraw balance ... |
| | | | ... to retirement savings by those financially impacted by COVID-19. Bravura head of operations Jon Alder said the superannuation industry was in uncharted territory as it tries to battle the global pandemic. "Superannuation plays an important role in the ... |
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