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| | | The Productivity Commission's (PC) latest Annual productivity bulletin has revealed multifactor productivity growth has been almost non-existent in recent times. The bulletin said a creeping inefficiency and failure to push the boundaries of innovation ... |
| | | | The US Superannuation Investment Summit has kicked off in the United States with Australian super funds exploring deeper investment opportunities within the US. Treasurer Jim Chalmers addressed the summit, essentially serving up Australia's retirement ... |
| | | | NGS Super will close its Self-Managed Direct Investment Option, saying it is no longer viable to continue offering the service. NGS Super's Self-Managed Direct Investment Option (DIO) was provided via OneVue Wealth Services. However, OneVue has advised ... |
| | | | After much back and forth between bidders, Selfwealth has forged ahead with a deal with the highest bidder. Despite a recent call for its shareholders to consider Bell Financial Group's (BFG) previous offer, Selfwealth has ultimately decided to proceed ... |
| | | | Macquarie Group has terminated the Macquarie Master Capital Stable Fund, claiming the fund does not have "sufficient scale" to remain viable. The bank has commenced the wind-up of the fund's assets and unitholders' share of the net proceeds of the termination ... |
| | | | In a bid to curb monopolistic practices, ASIC's new powers that mandate the ASX to be more transparent on its fees and services relating to clearing and settlements (CS) will kick in three months from now. Under the ASIC CS Services Rules 2025 ... |
| | | | A confidential Treasury draft proposal obtained by Financial Standard outlines voluntary principles for the design and delivery of superannuation retirement income solutions, extending beyond the obligations of the Retirement Income Covenant. The principles ... |
| | | | Australian super funds are expected to pump huge amounts of money into the US over the coming decade, according to a report from Mandala, in conjunction with Super Members Council and IFM Investors. The Going Global report said Australians' superannuation ... |
| | | | MLC chief investment officer Dan Farmer said MLC is open to the possibility of investing in bitcoin in the future, but now is not the right time. "Like many institutional investors, we remain in the 'not now', rather than 'not ever' to bitcoin camp," ... |
| | | | Perpetual has ended KKR's courtship of its wealth management and corporate trust operations, blaming the massive tax bill the transaction would incur, saying there was no way of getting around it. Since tabulating the tax implications last December ... |
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