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JobKeeper a $6 2b sugar hit for larger businesses that didn t take a big revenue hit during the pandemic - 21-Sep-2021
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Clients on their own if advisers don t pass exam
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Just one FASEA exam question removed due to ESL issues
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Super lobby ups ante against âregulatory kill-switchâ
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The governmentâs backflip on the superannuation performance test got a tick of approval by the sector, but lobby groups are pushing for a controversial measure that allows for ministerial influence over investment decisions to be axed.
The government revealed on Wednesday an updated approach it would use to benchmark the performance of superannuation funds, acknowledging that a prior method could have discouraged funds from investing in unlisted infrastructure and property.
The Australian Financial Review on Monday, the government has also done an about-face on the inclusion of administration fees as well as investment fees in the performance test, having conceded that dodgy trustees could game the system.