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| | | ... March," she said. Former Downer EDI chair Mark Chellew and former chief financial officer Michael Ferguson both left at the start of the month following a profit warning. ALS chief executive Raj Naran also abruptly quit, citing family reasons, while ... |
| | | | Andrew Lill, the chief investment officer of $70 billion super fund Rest, says the role of a CIO is changing and not just because investment heads have to respond quickly to more volatile markets. Increasingly, investment chiefs must consider a range ... |
| | | | ... a pause in the US Federal Reserve's rate hike trajectory. Further, in November, market analysts are forecasting the start of rate cuts, which could potentially continue into December 2024. As the Fed works with other regulators to repair the damage ... |
| | | | ... retirement," she said. "But now we're seeing that shift in terms of starting with a balance, but then asking: how do we start to generate that income for members through retirement? So, it's been really positive." |
| | | | Regulators are prioritising a range of emerging areas of risk across the superannuation industry. Speaking on a panel at the Conference of Major Superannuation Funds (CMSF) in Melbourne, APRA general manager superannuation Katrina Ellis, ASIC Commissioner ... |
| | | | ... modern pension system itself is derived from 20th century three-stage life but within this world, the population will need to start thinking in different ways and shift money between periods. Scott said: "The other thing I think it's really important ... |
| | | | ASIC commissioner Danielle Press pointed out at the Conference of Major Super Funds that retirement products need to be improved and waiting for the Quality of Advice Review (QAR) is not the best strategy. "I think the product piece is important here ... |
| | | | A panel of experts at the Conference of Major Superannuation Funds stressed the importance for super funds to be prepared and have a cybersecurity strategy in place. When asked if super funds should have "something in the bottom of the drawer of someone's ... |
| | | | Superannuation funds need to improve the life insurance they provide members, with ASIC finding trustees have not made sufficient effort to do so since it began targeted work in the area in 2019. Last year, ASIC reviewed the actions of 15 trustees in ... |
| | | | ... society; it's about caring and taking that next step to be better and influence. The most important thing to do is make a start, whether that's upskilling or acting." Colvin agreed if super funds make smarter investment decisions, the benefits could ... |
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