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| | | Three people will go to prison after pleading guilty to defrauding the COVID-19 early release of superannuation scheme for $103,500. The Brisbane District Court sentenced three women from Queensland, whose identities were not revealed, for submitting ... |
| | | | ... strategic and enforcement priority for the regulator. She said with six million Australians are already at pension drawdown age, and with a large number still to come, super funds need to deliver good service. "We need super fund trustees to step up ... |
| | | | An Investment Trends report has identified a clear inflection point for member engagement with superannuation funds. The 2024 Super Member Engagement report, based on a survey of 10,886 respondents, provided an analysis of member attitudes, satisfaction ... |
| | | | Victoria Funds Management Corporation (VFMC) named a new head of client portfolio design who joined this week. Julie O'Neill joined VFMC on May 27, hailing from the Insurance Commission of Western Australia, a government agency that provides injury ... |
| | | | ... both budgets assume retirees own their homes outright and are in relatively good health. Couples need to save $690,000 by age 67 to enjoy a comfortable retirement, while singles need $595,000. A modest retirement requires both couples and singles to ... |
| | | | Stockland has joined forces with Invesco Real Estate (IRE) to establish a land lease communities project tipped to be worth $1.1 billion. The open-ended partnership, which is based on Stockland's 50.1% interest and IRE's flagship pan-Asian core ... |
| | | | ... retirement. These included providing financial tools and education to help with retirement decisions, guidance navigating the age pension and aged care options, assistance optimising drawdown rates, providing lifetime income products that give members ... |
| | | | ASIC slapped a three-year ban on a former Life Plan FP financial adviser for failing to act in the best interests of clients and not being able to maintain "high standards". Gawad Nabi, who served as an authorised representative of Hobart-based Life ... |
| | | | ... broke down the sectors they worked in. Those who worked in the arts and recreation services industries retired at a later age, on average at 64.4 years compared to other sectors. Those who worked in hospitality, accommodation, and food services retired ... |
| | | | Funds SA is on the hunt for a new chief investment officer. The $43 billion asset manager confirmed Richard Friend is departing after almost eight years in the role. Friend joined Funds SA in December 2016 to lead the investment team, coming across ... |
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