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| | | Advisers looking to grow their businesses should not overlook workplace superfunds as a means of increasing revenue and their referral base, according to IOOF. IOOF, which has created a guide to help advisers succeed as a workplace super adviser, claims ... |
| | | | A reduction in concessional contribution caps for middle-income superannuation members would hurt Australia's budget long-term, bear an increased cost to taxpayers, and not align with super's objective. This is the final message from the Financial Services ... |
| | | | State Street has been appointed the custodian of alternative investments at Japan's Government Pension Investment Fund (GPIF). The GPIF manages about $1.5 trillion and according to its latest figures, paid State Street about $8.3 million in custodial ... |
| | | | Centuria Property Funds has settled a deal which sees it take a $104 million stake in the inner Sydney Australian Technology Park (ATP) following record investor interest in its corresponding unlisted Centuria ATP Fund. Centuria received over $130 million ... |
| | | | Too many Australians are prioritising term deposits and high interest savings accounts over superannuation, according to the BT Australian Financial Health Index. The survey revealed that 40% of respondents preferred cash-type investments, followed ... |
| | | | AZ Next Generation Advisory subsidiary Pride Advice has acquired Bailey Capital Management (BCM). Based in Adelaide, BCM has over 400 clients representing $97 million in funds under advice. It advises on retirement planning, investments, insurance ... |
| | | | InterPrac Financial Planning has appointed a national advice manager. Rae Stagbouer joins Interprac from Capstone Financial Planning, where she was a professional standards officer. Commenting on her appointment, she said: "This is an exciting time ... |
| | | | China's bond markets can provide investors with strong yield and diversification opportunities, according to Western Asset Management. In a whitepaper discussing the significance of the Chinese economy in global markets, head of investment management ... |
| | | | Sunsuper has overhauled its total and permanent disability (TPD) insurance cover in a move that will see an average premium reduction of 15% for more than 90% of its one million members. The new product, TPD Assist, will remove waiting periods for the ... |
| | | | AMP Limited has announced the resignation of Simon McKeon from its board due to a change in his circumstances. McKeon will leave the position following the conclusion of the AGM in May. John Palmer will replace McKeon as chairman until a permanent appointment ... |
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