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|The Association of Superannuation Funds of Australia (ASFA) has released a six-step plan aiming to drive industry-wide productivity gains in superannuation. ASFA said it hopes to boost productivity gains as the impact of COVID-19 continues to disrupt ...|
|Yarra Capital Management announced a new research and investment consultant manager has joined its distribution team. The firm said Tracy Brown will take the position effective immediately, bringing over 20 years' experience in the financial services ...|
|Emerging-market (EM) debt rebounded strongly in the second quarter across hard currency sovereign and corporate credit as well as local-currency debt, according to Eaton Vance. Eaton Vance institutional portfolio manager director and alternative and ...|
|The Commonwealth Bank has announced an 11.3% profit hit due to the effects of the COVID-19 pandemic and slashed its dividend by 31%. The bank announced its FY20 results, saying it reflects the impact of COVID-19 on its customers and the economy, adding ...|
|The financial advice arms of AMP, Commonwealth and Westpac are all facing a potential class action from law firm Piper Alderman. The law firm is calling on any customers who have acquired, renewed or continue to hold a financial product on recommendation ...|
|Industry Super Australia has found some common ground with the Grattan Institute in regards to its report on the effects of the government's Early Release of Super (ERS) scheme. Part of Grattan's modelling found that millions who accessed the COVID-19 ...|
|Wheelhouse Partners has completed its transition to its new independent structure after agreeing to acquire Bennelong Funds Management's stake in its business, naming a new chief operating officer, co-investor and distribution partner. The revised structure ...|
|A new platform has been launched for super funds aiming to help navigate the mounting pressure to improve returns and lower investment fees, costs and taxes. Parametric announced the new platform, saying with super funds facing increased pressures it ...|
|New modelling from Grattan Institute found most Australians will have a comfortable retirement even if they have taken advantage of the government's early release scheme. The government recently extended the ERS scheme, allowing individuals who have ...|
|New research from Parametric Australia suggests the taxation system is negatively impacting super funds' long horizon approach to investing. The research, titled Unlocked: A Framework for Superannuation Equity Portfolio Evolution in a Taxable Environment ...|
Melbourne's Warakirri Asset Management has launched new retail funds from its freshly-minted partnership with Northcape Capital.
Synchron's general manager of legal, risk and compliance Michael Jones has resigned, with a new appointment to lead the dealer group's compliance.
The Association of Superannuation Funds of Australia (ASFA) has released a six-step plan aiming to drive industry-wide productivity gains in superannuation.
The Commonwealth Bank has announced an 11.3% profit hit due to the effects of the COVID-19 pandemic and slashed its dividend by 31%.
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