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| | | ... and AIA Australia will pay a combined $140 million to settle a class action lawsuit brought by hundreds of thousands of super fund members who paid excessive insurance fees. The class action was launched by Shine Lawyers in January 2020 against Colonial ... |
| | | | ... more than 30 years' experience in investment management, strategy, and leadership. He will join Challenger from Aware Super where he has served as chief investment officer since 2016. Prior to that he worked for StatePlus, Macquarie Group, and J.P. ... |
| | | | ... ensure private credit has strong foundations to continue growing, to try and avoid future disruption. Putting the themes of super and private markets together - whilst growth in markets is good, the size of Australian private markets exposure and superannuation ... |
| | | | ... their lives retired, the Retirement Income Review (RIR) found the typical retiree dies with around 90% of their starting super balance intact. As a recent AMP whitepaper Retire with Confidence says, this may sound like something to celebrate, but it ... |
| | | | The Payday Super laws have successfully passed through the Senate today with the reforms being welcomed by the superannuation industry. The new laws are slated to come into effect on 1 July 2026. Association of Super Funds of Australia (ASFA) welcomed ... |
| | | | A new report from Netwealth outlines key methods of growth for advice businesses, including pinpointing where to outsource some business activities. Netwealth's Innovation starts with curiosity report touches on several solutions, spanning from ... |
| | | | QIC Ventures has invested $10 million in Queensland agritech firm Nbryo, helping advance its cattle reproductive technology that can reduce seven years of breeding into a week. The seed raise, led by existing investor Tenacious Ventures alongside QIC ... |
| | | | Financial Standard managing editor Jamie Williamson has won the Australian Financial Industry Awards' Industry Journalist of the Year Award. The annual awards hosted by the Institute of Financial Professionals Australia (IFPA) recognised Williamson ... |
| | | | ... and 101-250. Together they added 309 advisers, while all other size AFSL declined. Registered advisers operating through super fund-owned AFSLs rose 1.1% over the 12 months. "AFSL numbers seem to have plateaued just under 1900. The last time AFSL numbers ... |
| | | | The nation's largest super fund named another deputy chief executive, a chief transformation officer, and will add a chief platforms officer to the team. AustralianSuper is making changes to its leadership team, saying the new structure will strengthen ... |
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