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| | | Assistant Treasurer and Minister for Financial Services Stephen Jones told Financial Standard that the government's work on reforming the superannuation sector is not done. Speaking on the Financial Standard podcast, Jones praised the positive aspects ... |
| | | | The ASX recorded its biggest-ever ETF market turnover in a day earlier this month, hitting a whopping $2 billion on March 6, largely thanks to BlackRock reducing its equities exposure and shoring up defensive assets within its model portfolios. The ... |
| | | | Yarra Capital Management co-head of Australian fixed income Roy Keenan believes the RBA is "really behind the curve" when it comes to easing monetary policy, arguing that a delayed rate cut has little to no effect. The firm had predicted at least two ... |
| | | | Although fossil fuel investment has increased in the short term, all natural resources companies surveyed by Willis, a WTW business, have some form of a clean energy strategy. Willis' survey of 450 "senior decision markers" in energy and natural resources ... |
| | | | FNZ has been handed a mandate by a $56 billion industry super fund, while also welcoming a Sydney-based head of Asia Pacific. The wealth technology platform has been selected by CareSuper to take over as its direct investment option (DIO) provider ... |
| | | | ASIC is attempting to liquidate responsible entity Falcon Capital, wind up the First Guardian Master Fund, as well as impose a receiver and manager to director David Anderson's personal property. The regulator has put into motion the applications ... |
| | | | Future Group and a slew of family offices have invested in a venture capital fund focused on AI-driven startups. Nearing a US$100 million close, King River Capital's fund invests in AI-driven software startups disrupting traditional software as a service ... |
| | | | CareSuper is set to merge with a $1 billion industry fund with 56,000 members. The $56 billion super fund, which has around 550,000, has struck a binding agreement to merge with the Meat Industry Employees' Superannuation Fund (MIESF). CareSuper chair ... |
| | | | The government has released draft legislation to mandate payday super, a policy that was first flagged in the 2023-24 Federal Budget. The draft legislation stipulates that from 1 July 2026, employers must pay their employees' superannuation at the ... |
| | | | BUSSQ has pulled the plug on its Federal Court appeal for a judicial review of APRA's additional licence conditions, caving to the regulator's edict. At the same time, APRA has tweaked the conditions it slapped on BUSSQ last August, which force ... |
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