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| | | ... superannuation funds and major banks, it revealed in its inaugural System Risk Outlook report. The prudential regulator said the new system risk stress test would be completed in two phases, with six large superannuation funds and four large banks participating. ... |
| | | | ... brought by ASIC last week over Shield and First Guardian was not unexpected and the allegations were not reflective of "any new development". He reinforced the group's plan to defend the proceedings, saying it will do so "confidently and based on ... |
| | | | Brookfield has announced the launch of a $154 billion (US$100bn) global AI infrastructure program in partnership with NVIDIA and the Kuwait Investment Authority (KIA). This comes as NVIDIA exceeded expectations when it reported third-quarter revenues ... |
| | | | ... reminder at age 68 to those that have not submitted their application but may be eligible. The campaign will also launch a new Age Pension calculator that estimates their level and provides information on completing applications. It will also platform ... |
| | | | ... can't keep burying its head in the sand. They need to own their own failures," he said. Conaghan is convinced that creating new laws will not solve this problem or prevent them from happening. "We've already got a truckload of laws after the ... |
| | | | ... been a strong advocate against up-front premium discounting, but ultimately, the main gripe is that "there's just not enough new clients." "That means premiums are going up, as well. It's a really important advocacy space for us," Anderson continued. ... |
| | | | ... financial advice industry cannot rely on hiring more advisers to scale practices, rather it needs to prioritise the adoption of new technology that will also help meet unprecedented demand for advice over the next five years, this year's Financial ... |
| | | | ... win" for the advice sector following two years of closely working with the Attorney-General's Department and AUSTRAC on the new AML/CTF reforms. "The win here is that financial advisers will retain their less onerous obligations under item 54 of the ... |
| | | | ... Retirees may be as much as $20,000 worse off at retirement due to the Your Future, Your Super performance test and RG97, a new report suggests. It could also be costing the country up to 140,000 jobs, the Australian Investment Council and Mandala say. ... |
| | | | ... market - when constructing investment portfolios through complexity, leverage or concentration. "Resilience has emerged as the new black, and it starts with mindset. It's not about avoiding risk; it's about absorbing shocks, adapting quickly, and compounding ... |
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