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06 August 2014 • By • 1 min read

MySuper market nears $300bn

Approved MySuper products numbered 118 and totalled $291.2 billion in funds under management (FUM) as at 31 March 2014, according to Plan For ...

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Mercer calls for lifetime contribution caps

The introduction of lifetime contribution caps is a key part of Mercer’s new four-point plan to rejig the tax treatment of superannuation

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US manager targets 'risky' bonds

US fund manager Payden & Rygel has made substantial allocations to higher risk bonds within its fixed income portfolio, investing in below ...

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Ignore market ‘noise’, says Hyperion

Investors should ignore the “noise” around short-term investment strategies if they want to build a long-term and secure retirement, warns Hyperion ...

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Rubik appoints chief operating officer

Rubik Financial has appointed David Spreadbury as chief operating officer, effective 1 September 2014. Mr Spreadbury will run the Rubik Group’s ...

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RBA cash rate decision

The Reserve Bank of Australia (RBA) has unveiled the outcome of its monthly board meeting. At 2:30pm today the RBA announced it will be leaving the ...

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Australian Ethical appoints portfolio manager

Australian Ethical has appointed Mason Willoughby-Thomas as portfolio manager of the Australian Ethical Larger Companies Trust, replacing chief ...

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ANZ appoints Hong Kong CEO

ANZ has appointed Ivy Au Yeung as chief executive, Hong Kong, replacing Susan Yuen who left the position in June to return to Malaysia. Mr Yeung ...

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FSI 'rebukes' super gearing: Tria

The FSI interim report has delivered a "stinging rebuke" to those involved in direct leverage within superannuation, says Tria Partners principal ...

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FOS backs 'last resort' scheme

The Financial Ombudsman Service has reiterated its support for a limited compensation scheme of last resort to deal with uncompensated consumer losses

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