02/06/2009
Several submissions to the ‘Storm Financial’ parliamentary enquiry have suggested the Government create its own, low-cost public offer super fund. The threat of that sort of monolithic competition might finally make a few more mergers happen, creating cost savings and service expansions for more members to enjoy.
Retail, stevens, catholic, consolidation, mergers, predicting
There is broad consensus in industry and Canberra that the collapses of the Shield and First Guardian master funds – and failures that led to them – demand a regulatory response. But getting that response wrong could create an uneven playing field in the industry and some counterproductive consumer outcomes.
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Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.
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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