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| | | More needs to be done to protect the super sector's most vulnerable members, with the Conference for Major Super Funds being told that doing so would be a breach of the best financial interest duty is a myth. AIST senior manager, policy David Haynes ... |
| | | | ... fraudulent, misleading or otherwise improper. This banning followed an investigation by ASIC into Saman's conduct concerning two home loan applications that he submitted to Auswide Bank for a family member and a close relation in December 2016 and 2017. ... |
| | | | Appearing at the Conference of Major Super Funds (CMSF), industry stalwart Gary Weaven said he expects the super sector will struggle with the national homelessness crisis and lack of affordability over the coming 30 years. Speaking on a panel discussing ... |
| | | | ... were more willing to take financial risks, especially younger men between 25-34 years. Meantime, individuals who owned a home, were married, and had children reported greater financial satisfaction, compared to those who were not home owners, unmarried ... |
| | | | Casey Thompson has joined the board of First Super, replacing longstanding trustee Frank Vari. First Super chief executive Bill Watson thanked Vari for his service to fund members and welcomed Thompson as a trustee. "Casey Thompson is an outstanding ... |
| | | | Home to more than 12% of its members, Active Super has opened a new office to service Newcastle and the Central Coast, with chief executive Phil Stockwell saying the importance of regional and rural New South Wales to the fund can't be downplayed. ... |
| | | | ... Josh Gilbert said the new portfolio provides an easy way for Australian retail investors to get exposure to their leading, home-grown companies. "We know that Aussie investors have a strong home bias with four in five (79%) currently invested or planning ... |
| | | | ... investments revealed 8.5% have more than $1.5 million while 16.9% have $200,000 - $500,000. Data also found 81% owned their own home and 11% owned a home with a mortgage, just 2% used the equity of their home in retirement. Further, men were more likely ... |
| | | | ... failed again, while ACSRF has outlined members' options in the wake of the result. Combined, the failed products are home to about 600,000 members and close to $28 billion in retirement savings. Those that failed for a second time have until September ... |
| | | | FICAP's annual fundraiser returned for the first time since 2019 last night, raising over $120,000 for SHINE for Kids and the Starlight Children's Foundation. Speaking at the event, FICAP chair Marnie McLaren said: "It's so exciting to see ... |
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