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| | | The Australian sharemarket was firmly in the red at midday with losses in all sectors, following falls on overseas markets overnight. At 1215 AEDT, the benchmark S&P/ASX200 index was down 69.6 points, or 1.48 per cent, at 4,630.6, while the broader ... |
| | | | NAB Super joins the growing number of funds that are cutting their Australian equities exposure and finetuning their alternatives assets portfolios. The corporate fund made tactical changes to its asset allocation in conjunction with its asset consultant ... |
| | | | Two of the country's largest super funds, AustralianSuper and AMP, said a fully cohesive superannuation industry will never be achieved, as retail and not-for-profit super funds cannot completely set aside their differences to tackle the toughest issues ... |
| | | | Superannuation minister Bill Shorten compared the bickering among the super fund industry's factions to a Monty Python sketch and said it's time for them to deliver something back to the community in return for the government support they receive. Minister ... |
| | | | Two prominent superannuation industry experts have argued that MySuper should be axed, saying it will only worsen member complacency and completely fails to tackle the two major issues in super - engagement and adequacy. David Galbally QC, chairman ... |
| | | | "War! huh-yeah What is it good for? Absolutely nothing..." Norman Whitfield and Barrett Strong wrote this song in 1969 in protest of the Vietnam War. Its lyrics talk about the lost of lives and "tears to a thousand mothers' eyes". "War! It ain't nothing ... |
| | | | Chaos engulfing the role of the speaker in Australia's hung parliament is significantly damaging the chances the government will be able to implement its superannuation and wealth management reform program. The latest confusion centres on accusations ... |
| | | | The ATO has taken measures to protect fund members from losing their super savings, as threats to SMSFs, one of the biggest segments in the superannuation industry, become more sophisticated. "The fraud that occurs happens when they get someone's name ... |
| | | | AustralianSuper, Principal Global Investors and AMP were among the winners of last night's 16th Rainmaker Marketing Excellence Awards held at the Shangri-La in Sydney. More than 160 attendees, many of whom are sales and marketing specialists in financial ... |
| | | | The 16th Rainmaker Marketing Symposium is to be held within weeks and will see the gathering of leading minds across the financial industry, and will feature an awards night to recognise the best in financial services marketing. Professionals from all ... |
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