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Showing 101 - 110 of 1801 results for "Default"

Uncertain times calls for portfolio dynamism: Insight

CHLOE WALKER  |  THURSDAY, 14 JUL 2022
... stocks, or bonds in the order of 180 or more, diversified across industries so that you're not subject to any major default risk." Insight investment specialist Ben Ereira said this has been a key challenge for superannuation funds. "In the currency ...

AFA hits back at QAR submissions from Choice, ISA

CASSANDRA BALDINI  |  MONDAY, 11 JUL 2022
... offers of the industry funds, however, more than in any other sense, there is a complete lack of comparability of the default life insurance in industry funds, compared to what is available in the individual advised retail context." Another justification ...

Sri Lanka announces bankruptcy

CHLOE WALKER  |  FRIDAY, 8 JUL 2022
Sri Lanka's debt-laden economy has collapsed, and its newly elected prime minister has announced bankruptcy as the island nation suffers its worst financial crisis in decades. Due to the crisis, the country has seen severe shortages of necessities like ...

Australian Retirement Trust records -0.96% return

JAMIE WILLIAMSON  |  FRIDAY, 8 JUL 2022
Australian Retirement Trust's default option returned -0.96% last financial year, which it says is a good outcome given the current environment. The $200 billion fund said it is happy with the result, as market commentators were predicting an average ...

Australian corporate debt dwindles: Janus Henderson

ANDREW MCKEAN  |  WEDNESDAY, 6 JUL 2022
Janus Henderson analysis found that Australian corporate debt has fallen 21.5% over 12 months because of booming cash flows from local miners. Sharp rebounds in profits among Australian companies along with debt repayments have pushed Australia's corporate ...

Median MySuper returns of -2.8% expected

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
Single strategy, default MySuper options are likely to deliver the fourth worst result in 35 years for the financial year just gone. According to the Rainmaker MySuper Index, default MySuper options are expected to see a median return of -2.8% for the ...

Rest cuts administration fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... with a $50,000 balance is now paying $128 per annum in admin fees - a saving of $10. For a member with $50,000 in Rest's default option, the total fees to be paid are $438 per annum, the fund said. Further, the average Rest member has about $35,000 in ...

Retirement Income Covenant a win for advisers - but for how long?

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... entire picture... that's what I'd do differently," he said. And so, if the Covenant leads to the creation of smart default retirement products by super funds and simplifies the decision-making process for retiring members, Dunnin says the real ...

Corporate fund to join Australian Retirement Trust

JAMIE WILLIAMSON  |  MONDAY, 27 JUN 2022
... Super. "We are pleased that Incitec Pivot Employees Superannuation Fund has selected Australian Retirement Trust as the default superannuation fund for its employees," he said. "This follows other significant corporate appointments of Australian Retirement ...

You can't have it all: Retirement income strategies

JAMIE WILLIAMSON  |  THURSDAY, 16 JUN 2022
... led the panel moderator, AIST senior policy manager David Haynes, to ask whether that means there is a place for a 'soft default' product under the reforms. Brinsmead believes there is, given the number of retirees that don't want to be too involved. ...