Budget deficit: $30 billion smaller than forecast

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Monthly budget statement The Monthly Financial Statements for March 2021 report the budget position against the expected monthly profile for the 2020/21 financial year through to 31 March 2021. Over... Read more continue reading
04 May 2021

New Chief Commercial Officer at Midwinter

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Bravura Solutions Limited (Bravura) has announced the appointment of Steve Davison as Chief Commercial Officer for their financial advice software business, Midwinter Financial Services Pty Ltd (Midwinter). Davison joins Midwinter... Read more continue reading
04 May 2021

ClearView appoints life strategy and transformation leader

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Listed diversified financial services company, ClearView Wealth Limited, has appointed former Head of Mental Health and Wellness at Zurich Financial Services, Maria Falas, to the newly-created position of Head of... Read more continue reading
04 May 2021

MLC Life Insurance appoints new General Manager of Product, Pricing and Retail Insurance Proposition

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MLC Life Insurance has appointed Bozenna Hinton as its new General Manager, Product, Pricing & Retail Insurance Proposition. She will begin in her role on 3 May. Bozenna will report directly... Read more continue reading
04 May 2021

Weekly market update – week ending 30 April, 2020

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Investment markets and key developments over the past week Share markets were mixed over the last week with US shares rising to new record highs helped by good economic data,... Read more continue reading
03 May 2021

REST partners with Parametric and Calvert for ESG integration across its new Sustainable Growth Option’s equities allocation

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Retail Employee Superannuation Trust (REST), one of Australia’s largest super funds, with over $60 billion in assets and more than two million members, appointed Parametric and Calvert Research and Management... Read more continue reading
03 May 2021

ASIC review finds retail managed funds responded well to COVID-19 challenges in 2020

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An ASIC review of a targeted selection of retail managed funds found that they did not face serious investor liquidity challenges during the height of COVID-19 market disruption, and that... Read more continue reading
03 May 2021

Controlling commutation of a child pension

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Husband (H) and wife (W) are members of a self-managed superannuation fund, and as part of their estate planning, they want to direct the trustee of the fund to set... Read more continue reading
03 May 2021

Government should consider a ‘carer’s credit’ to overcome gender bias in superannuation

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Prominent actuaries and superannuation experts have tackled the decades-old issue of women retiring with less money than men, pinpointing three areas for reform including a government-funded carer’s credit. Mercer’s David... Read more continue reading
03 May 2021

ASIC Commission welcomes appointment of new Chair and Deputy Chair

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“On behalf of the ASIC Commission and team I’d like to congratulate Joe Longo on his appointment as the next ASIC Chair and Sarah Court as an additional Deputy Chair”,... Read more continue reading
03 May 2021