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| | | A review of major superannuation trustees by ASIC found that not even one monitored or reported on the full process of death benefit claims handling. The review of superannuation trustees including, Australian Retirement Trust, Avanteos (Colonial First ... |
| | | | AMP's North has worked with Betashares to introduce Australia's "first targeted geared retirement series." Unveiled today, the Betashares Moderately Geared Managed Account Portfolios, now added to North, are designed to increase exposure to defensive ... |
| | | | ... actions today. But they are necessary. ASX operates critical infrastructure that plays a central role in the financial system," RBA governor Michele Bullock said. "ASX's management of operational risk has been a concern for RBA staff and the Payments ... |
| | | | ... the aggregate net public benefits and costs associated with insurance in super, including costs saved through the welfare system. A review, it said, should also assess the gaps and overlaps between insurance in super and other safety nets, including ... |
| | | | ... how it executes its duties. The report suggested ASIC take "whatever steps are necessary" to deal with the ASX's CHESS system update issues. "The committee will continue to be interested in ASIC's work using its expanded powers to oversee and intervene ... |
| | | | The national advice group welcomed an executive general manager, strategic relationships after also adding a chief financial and operations officer. Matthew Fogarty has joined the Infocus team in the strategic relationships role, bringing more than ... |
| | | | ... investors have an important role to play in a world where capitalism is moving to a new and yet-to-be-defined alternative system. "The government cannot do everything. Yes, there's a lot of capital, but that capital sometimes is not moving where ... |
| | | | ... required to restore stability and "minimise the risk of contagion", APRA said. "Capital is the cornerstone of the banking system's ability to withstand financial stress. While Australia's banks are unquestionably strong, overseas experience has shown ... |
| | | | ... adding new medicines to the PBS," Delahunty said. Delahunty added that the Budget provided stability in the superannuation system, but said it was disappointing not to see major reforms when it comes to the LISTO. "While we were disappointed not to see ... |
| | | | ... will implement reforms to reduce student loan debt by a combined $19 billion for three million Australians to make the "system fairer." Subject passing legislation, all outstanding Higher Education Loan Program (HELP) and other student loans will be ... |
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