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23 May 2013 • By Chris Kennedy • 1 min read

ASFA concerned over trans-Tasman super complexity

Two representative superannuation bodies have raised a number of concerns with the government’s proposal to allow Australians and New Zealanders to ...

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Million-dollar babies not far off

The cost of raising two children has increased by 50 per cent since 2007 to $812,000, according to AMP research – but incomes have only increased by ...

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Infrastructure should be own asset class

Goldman Sachs Asset Management (GSAM) has called for infrastructure to be thought of as an asset class in its own right. “People should start to ...

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Aussie share ownership declines

The Australian Securities Exchange (ASX) has released findings of The Australian Share Ownership Study, indicating there has been a decline in total ...

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Former Lonsec stockbroking head convicted

The former head of Lonsec stockbroking, Norman John Graham, has been convicted of insider trading. In March this year Mr Graham, 53, pleaded guilty ...

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Aylward takes on APN CEO role

Christopher Aylward, the executive chairman of APN Property Group, has taken on the role of chief executive. The move follows the departure of ...

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Annuities capital available in private sector: Challenger

The private sector is more than capable of providing the capital required to back a thriving annuities market, according to Challenger Life chief ...

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Super satisfaction up, engagement flat

Super fund member satisfaction rose strongly over the past year, but member engagement barely moved and industry fund advice take-up remained low, ...

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APRA ambiguity in calculating risk margins

There is a lack of consistency in the calculation of risk margins, caused in part by failure of the Australian Prudential Regulation Authority (APRA) ...

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Life sector profits rise 17 per cent, revenue doubles

The Australian life insurance industry saw a $3 billion net profit after tax for the year to 31 March 2013. The profit was up 17 per cent from the ...

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