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| | | Statewide Super has hit the refresh button on its approach to risk, prompted by COVID-19 and the Royal Commission. The funds recently appointed chief risk officer, Jason Muir said his goal is to refresh the industry fund's approach to risk in a post-COVID-19 ... |
| | | | Nine industry funds are working with Frontier Advisors to probe new longevity risk products for retiree members, which could include tweaking account-based pensions. The working group, which was put together late last year, is expected to present its ... |
| | | | At a time when many Australians are engaging directly with their superannuation fund for the first time, member satisfaction appears mixed, with two separate surveys producing some opposing views. That's according to the latest insights from Roy Morgan ... |
| | | | ... investing in critical long-term infrastructure was delivering positive results for fund members. "ISQ has a track record of finding the best opportunities across the globe, and our partnership with the company enables us to participate in some very successful ... |
| | | | ... financial advisers and product providers. "In the face of today's extraordinary uncertainty, wealth managers and firms are finding themselves in uncharted waters," Capgemini chief executive Anirban Bose said. "This unpredictable period may also present ... |
| | | | In a new paper from Actuaries Institute, Anthony Asher argues financial advice can be made cheaper if the Australian Taxation Office (ATO) provides some of the data necessary for good advice. Asher added that retirement incomes could rise by 15% to ... |
| | | | ... roles will also be affected by October 2020. "Right now, our focus is on supporting affected staff and, as a first option, finding a new role for them within the QSuper Group where we can. We will work with each staff member affected to support their ... |
| | | | ... make deposits or delay or cancel client requests to withdraw their own funds from their trading accounts," it said. "In finding that Marsh is not adequately trained or competent, ASIC found Marsh failed to provide the general advice warning when giving ... |
| | | | ... as a direct result of the Royal Commission. "With interest rates at low or negative levels in many places in the world, finding new opportunities to invest will be important to investors meeting their financial objectives, and those with an adviser are ... |
| | | | Australian households are $500 billion better off because of the compulsory superannuation system, according to new research. The latest report from the Association of Superannuation Funds of Australia (ASFA) estimates compulsory super has added $500 ... |
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