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| | | MA Financial has now suspended all redemptions and applications to its MA Secured Loan Series Fund, a $2.3 billion private credit portfolio after it imposed a temporary redemption limit in August. It will also wind up the MA Secured Real Estate Income ... |
| | | | ... with clients' changing financial circumstances. "Insurance contracts can be complex, and often clients are not aware how a change in their circumstances will affect the suitability of their policies," Luu said. He said advisers could use policy anniversaries ... |
| | | | Declining home ownership is deepening Australia's housing divide, with lower-income households facing growing rental stress and potentially entering retirement with significantly less wealth, according to the Actuaries Institute. The report, Spotlight ... |
| | | | Not-for-profit fund Brighter Super has introduced numerous changes to its fees, decreasing investment fees while increasing insurance costs. Effective October 1, the super fund lowered investment fees and transaction costs across most options. Its MySuper ... |
| | | | Australia's retirement system has finally received an A-grade rating in the annual Marsh CFA Institute Global Pension Index after stagnating at the B+ level for the last five years. The superannuation system received an upgrade this year thanks ... |
| | | | Acenda Life has launched an Investment Growth Bond and enhanced its Fixed Term Annuity, broadening its investment offering. The new investment bond is designed for long-term wealth accumulation and transfer, with potential applications including education ... |
| | | | UniSuper chief investment officer John Pearce said as the pace of decarbonisation moderates, natural gas is increasingly recognised as an important component of the global energy mix. "The practical reality is that gas is likely to play a transitional ... |
| | | | ASIC has ceased the Australian financial services licence (AFSL) of a New South Wales financial adviser after he failed to comply with licensee obligations, including payment to statutory levies. Kyle Clifford Frost's AFSL cancellation took effect ... |
| | | | ... regular review of the process important. "We think there's benefit in regular audit tenders, even if that doesn't result in a change of auditor. There's still benefit in that, and benefit in some disclosure about it, so that shareholders can have confidence ... |
| | | | ... held investment roles at BAM Capital, Kazazian Asset Management, Prospector Partners and Jennison Associates. Under the change, investors in Class P and Class C will continue to have their units invested in the fund in their respective classes, with ... |
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