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11 August 2014 • By • 1 min read

ASIC reviews SMSF wholesale investor test

ASIC has reviewed the application of the wholesale investor test for SMSF trustees, which it said has been creating “ongoing legal uncertainty”

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Equity valuations to remain up

While ultra-accommodative monetary policy has resulted in a number of asset bubbles, a significant and sustained correction in equity valuations is ...

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CBA reveals advice review independent expert

The CBA has appointed a former chairman of APRA and 20-year veteran of the RBA as the independent expert for the bank's review of its poor financial ...

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CBA makes raft of executive changes

The Commonwealth Bank has announced a number of senior personnel movements, including a new group executive of international financial services

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Industry funds snub lifecycle products

The failure of industry funds to develop new 'lifecycle' MySuper products is a result of the current default fund selection process, argues an ...

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Morningstar scrutinises Treasury Group merger

Treasury Group’s merger with US-based Northern Lights Capital will create a more “geographically diverse business”, but will not boost the company’s ...

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Bowen blasts govt LISC ‘contradiction’

The government’s position on the lower income superannuation contribution reflects a “blaring contradiction” in the Budget, says shadow treasurer ...

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Competition on fees to benefit members: Vanguard

Reducing costs for super fund members will come from “increasing competition around fees” rather than a debate between active and passive investment, ...

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FSC to develop retirement outcomes policy

The Financial Services Council (FSC) has announced it will develop a national retirement outcomes policy, to ensure that “intergenerational pressure” ...

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APRA puts life industry on notice

The deputy chair of APRA has castigated the life insurance industry for an apparent “disconnect” between past behaviour and the sector's current ...

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