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Australians are good at accumulating savings for retirement but they are not so good at mapping out the best way to spend their savings once they retire.
ASIC has proposed a five-year extension to the design and distribution obligations (DDO), the instrument for which was originally set for a two-year period.
Aussie bank hybrids are showing resilience in the face of recent events, but investors are learning that the search for yield is a reach for risk.
Lobbyist and pollster C|T Group, founded by political operatives Lynton Crosby and Mark Textor, is running focus groups on superannuation for the Financial Services Council.
Charities and the government want to deploy some of the $3.3 trillion in superannuation assets to social infrastructure such as housing. But roadblocks remain.