The Superannuation Industry (Supervision) Act 1993 will not apply to the new trusts. APRA has prepared an application process and a draft prudential standard for super funds wanting to operate FHSAs.
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Investments
Asset managers that underestimate the importance of artificial intelligence to their businesses do so at their own peril, according to Anton Eser, global chief investment officer of Robeco, who thinks that many have less than a year to get across the “most important transformation” the industry has seen since the beginning of the index business more than 25 years ago.

















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