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14 November 2014 • By Stefanie Garber • 1 min read

ASIC expands super fund licence exemption

ASIC has increased the power of super fund trustees to provide superannuation forecasts to their members without holding an AFSL. Class order ...

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Costello plays down 12 per cent SG

Increasing the superannuation guarantee to 12 per cent would do little to ease the burden on the age pension, argues former Liberal treasurer Peter ...

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Westpac chairman defends CEO pay

Gail Kelly’s shock retirement has failed to distract attention from her $12.8 million remuneration package for the year, as revealed in the bank’s ...

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UK regulator hands down £1.1 billion in fines

Five international banks have been issued with penalties of more than £200 million each for failures in their respective UK-based FX trading ...

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Tasplan and Quadrant Super confirm merger

Multi-industry Tasplan Super and local government industry fund Quadrant Super have formally agreed to merge. Tasplan Super and Quadrant Super have ...

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Invest when everyone is ‘gloomy’: AMP Capital

The best time to invest is when others are consumed by 'doom and gloom' stories, argues AMP Capital chief economist Shane Oliver. Mr Oliver said ...

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Aurora enters EU with ASIC

The corporate regulator has accepted an enforceable undertaking from Aurora Funds Management, a boutique manager specialising in global listed ...

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Westpac announces new CEO

Westpac Banking Group has named a new CEO as current boss Gail Kelly announces she will stand down from the role in February 2015. Westpac’s ...

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AustralianSuper exits defined benefit space

AustralianSuper executive Paul Schroder has labelled defined benefit schemes as "increasingly complicated and expensive" in the wake of a tie-up with ...

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Traditional safe havens ‘dangerous’: MLC

Traditional safe havens such as bonds and term deposits can no longer be relied on to balance out equity risk, MLC has warned. Speaking at a ...

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