02/06/2009
Because of that balance, security will never be 100per cent. You don’t want to have it so tight so that it inhibits the member from doing what they want to do.”The federal minister for superannuation,Nick Sherry, said the balances of members of super funds regulated by APRA were safe.
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Canada has established its first national-level sovereign wealth fund with a seed of C$25 billion to underwrite “nation-building” projects like ports, mines and energy infrastructure. In an unusual funding mechanism, the fund will issue a retail product that will allow individual investors to invest with the SWF and “participate in Canada’s growth”.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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