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| | | Federal Treasurer Scott Morrison has confirmed that ASIC is investigating September 19's significant disruption to ASX trading. The ASX has blamed the outage, which was the longest in five years, on a "hardware failure" though no other details were ... |
| | | | The financial planning industry and financial advisers have largely welcomed the federal government's decision to drop the $500,000 non-concessional cap but argue changes to the system need to stop. Announced yesterday, Treasurer Scott Morrison said ... |
| | | | The Federal Government has reworked its 2016 Budget measures on superannuation to drop the $500,000 lifetime non-concessional cap and alter several other policies. Treasurer Scott Morrison announced the changes this morning and said the government will ... |
| | | | ANZ's group chief operating officer has departed as the bank restructures its operating model. Alistair Currie joined ANZ in 2008 from HSBC, where he was HBSC Taiwan's chief executive. According to ANZ's statement, Currie's move came about due to his ... |
| | | | The Turnbull government has released its first tranche of exposure draft legislation for proposed superannuation reforms. Describing the reforms as "fairer, more flexible and more sustainable," Treasurer Scott Morrison argued that "the majority of Australians" ... |
| | | | Telstra Super recently appointed an executive general manager to lead its financial planning team, signifying the corporate superannuation fund's ongoing commitment to advice services. Joining Telstra Super as its new financial planning EGM is Stephen ... |
| | | | Superannuation policy is headlined as one of the federal government's first tests when parliament resumes next week, following opposition plans to amend some of the biggest changes to super in a decade. Opposition Leader Bill Shorten wants the $500,000 ... |
| | | | Finsia has appointed a new chief executive. Chris Whitehead joins Finsia from consulting firm BITPaC, where he was principal. Prior to that, he was chief executive of Credit Union Australia from 2009 to 2015, having been regional director, Scotland ... |
| | | | Treasurer Scott Morrison has flagged that lottery wins and inheritances are unlikely to be included as exemptions around the $500,000 cap on post-tax superannuation contributions. Speaking with Sky News yesterday, Morrison said although inheritances ... |
| | | | Legg Mason has appointed a new head of Australia. Andy Sowerby was previously executive director for sales, marketing and client service at Martin Currie, a position he held for 11 years. Prior to that, he was joint managing director at Investec Fund ... |
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