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| | | ... also reduce the death claim process by about four to six weeks. Cbus and its administrator Link Market Services, which is now a subsidiary of MUFG Pension and Market Services, have been slammed for several death benefit processing failures. Taking Cbus ... |
| | | | ... Life Code, commencing on October 1, following the increase in payouts for mental illness. The Life CCC recognised the surge, now placing pressure on sustainability and affordability across the sector to accommodate mental illness. Meanwhile, the inquiry ... |
| | | | ... as well as insights from the latest covenant 'pulse check' with APRA to inform further work in this area," Constant said. "Now with more than 100,000 Australians retiring each year, super funds need to do better." Constant added that ASIC has a multi-year ... |
| | | | ... including about one quarter based in Asia Pacific, found equities have become favoured amid the geopolitical unrest that is now their key investment risk. The report, Adapting to the Terrain, showed that allocations to equities rose to 31% from 28% over ... |
| | | | ... March 2024 to July 2025 and intended for investment, may "have not been used for that purpose and may be at risk." ASIC is now concerned that a "significant proportion" of the funds have been used for gambling purposes, and so far, "no underlying investment ... |
| | | | ... says he avoids the use of margin loans as much as possible, as the risk is too high for most clients. "I spend a lot of time now, when we eventually see margin loans pop up, unwinding them more than anything else," he says. Saikal-Skea says when he deals ... |
| | | | ... spending more than ever on digital connectivity, such as smartphones, streaming services, and internet. These digital essentials now cost couples $58 per week at the comfortable level and $45 at the modest level, which were updated this quarter to include ... |
| | | | ... we look forward to working with Damien McIntyre, Ben Williams and the broader team." Carleton added that the business can now solely focus on delivering strong returns, given GSFM's capabilities in distribution. Founded in 2012, Auscap Asset Management ... |
| | | | ... nomination request via the portal, which clients can approve online, eliminating the need for paperwork. Additionally, advisers can now register online, making the registration process quicker and more straightforward, Aware Super said. The upgrade also ... |
| | | | ... to reach $15.6 trillion (US$10.3 trillion). The top 20 funds increased at a faster pace than the top 300 pension funds and now account for 42.4% of the top 300 as a whole by assets. Of these top 20 funds, ten reported strengthening their expertise in ... |
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