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| | | ... room for improvement in member outcomes." APRA also published its assessment of the Choice sector for the first time, finding that 60% of products in this segment underperform. |
| | | | Several superannuation funds that flunked the inaugural Your Future, Your Super test, are also failing Choice members, the latest APRA heatmaps reveal. The prudential regulator slapped retail and industry superannuation funds alike with the lowest grade ... |
| | | | Knight Frank has released its Outlook 2022 Report, which looks at its predictions and major themes driving the Australian property market next year. The report covers everything from the industrial, commercial, office and residential markets, as well ... |
| | | | Wealthy investors tend to shun technology and prefer to keep track of their assets manually, according to Praemium. The survey, conducted with Investment Trends, suggests a minority of high-net-worth investors (11%) access an online digital portal and ... |
| | | | The battle between Wilson Asset Management and PM Capital over a takeover bid for a LIC heats up as the Takeovers Panel weighs in. PM Capital is urging shareholders to allow its PM Capital Global Opportunities Fund (PGF) to take over the PM Capital ... |
| | | | Fresh proposals from the Australian Law Reform Commission aim to simplify several complex areas of financial advice legislation. The ALRC is proposing sweeping changes to financial services law, including changes that affect the advice industry, tabled ... |
| | | | ... blockchain founder and community connectivity. Our global team of eleven finance and technology specialists are experts in finding, and analysing, unique investment opportunities in this rapidly moving sector." Former UBS Asset Management Australia chief ... |
| | | | ... fact, the importance of responsible investing has grown significantly over the last 12 months, with Investment Trends finding over 40% of advice clients have requested to buy or sell investments based on environmental issues. This is up from 24% in 2020. ... |
| | | | ... super funds and their one million members under the legislation runs counter to the the Retirement Income Review's finding that there has been insufficient attention on assisting people to optimise their retirement income. The federal government ... |
| | | | ... of its fees for financial firms and how the fees are being used to support AFCA's activities," the report reads. After finding that AFCA is "performing well in a difficult operating environment" and that there are no systemic issues with its independence ... |
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