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| | | ... remain in the workforce and continue accumulating superannuation, he said. Having such an option would relieve the Government of pressure to provide greater amounts of welfare, as well as significantly lessen the associated longevity risk of commencing ... |
| | | | ... value for New Zealand taxpayers," Savage said. "The fund has now returned 10.2% pa, more than double the cost to the Government of contributing to it (as measured by Treasury Bill returns), over a period of nearly 14 years." According to NZ Super, the ... |
| | | | ... than doubling the 1.3% target. Since inception, the fund has added $73 billion to the original contributions from government of $60.5 billion, with returns reaching 7.8%. Cash remains the fund's biggest asset class, making up 21% of the fund, followed ... |
| | | | ... force banks to pay compensation, and it can't change laws or do anything other than make recommendations which the Government of the day is not bound to implement," Munchenberg said in an October 2016 statement. "Of those who believe banks need to improve ... |
| | | | JPMorgan Chase & Co has agreed to pay more than US$130 million to settle charges brought against it by the Securities and Exchange Commission (SEC) after winning business from clients and corruptly influencing government officials in Asia Pacific by ... |
| | | | ... force banks to pay compensation, and it can't change laws or do anything other than make recommendations which the government of the day is not bound to implement. "Of those who believe banks need to improve the way they operate, the majority want action ... |
| | | | ... "bipartisan support." He still criticised the Coalition for not moving forward fast enough, though, accusing the government of "prevaricating." "I said that if I became Treasurer, I would deliver policy within three months of the election. Today, I challenged ... |
| | | | Employment up but hours worked fell Employment in Australia grew by 0.07% in June, consistent with the average growth rate over the last six months, according to trend figures released by the Australian Bureau of Statistics (ABS). The latest Labour ... |
| | | | ... contributions backdated to 2007. Shorten called out this retrospective view, yet also used his budget reply to accuse the government of pinching Labor's superannuation ideas. "Labor will gladly support our own clear and costed policy to close the unsustainably ... |
| | | | The latest legislative amendments to raise the education, training and ethical standards of financial advisers have been welcomed by the industry's peak representative groups. Both the Association of Financial Advisers and the Financial Planning Association ... |
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