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Showing 111 - 120 of 1799 results for "Default"

Liberals should liberate Australians from super: Bragg

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... superannuation as wages during certain periods. He also again promoted giving all Australians access to the Future Fund as a default option as well as ensuring laws stop superannuation waste like uncommercial payments to unions. Unlike the Labor party ...

75% of Aussies don't understand group cover: MLC Life

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... cover may be at risk. "This poses a potential risk for individuals who change jobs, in particular, those not covered by default (under 25s and those with low balances) and people who are stapled to a fund but move into a role that's riskier to their ...

Mayfair sues Mission Beach lender

ELIZABETH MCARTHUR  |  THURSDAY, 14 APR 2022
... administer the discharge of their loan which was secured by mortgages over 109 individually titled properties in the region. Default interest has been compounding monthly at the rate of 40.2% per annum, with Napla claiming on 30 November 2021 it was ...

End choice dashboard delay: AIST

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 APR 2022
... target returns and fees across the thousands of choice super products in the market. Scheerlinck added trustees of MySuper default funds had been required to provide dashboards since 2013 but, due to continued deferrals by the government, funds with ...

SEC rules against Amazon pension case

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
... utilities and $48 million invested in deforestation-risk agribusiness." Amazon uses Vanguard Target Date funds as the default retirement options, which As You Sow research found invests in funds holding companies flagged as major greenhouse gas emitters ...

Colonial First State settles super class action for $56.3m

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
... on unnecessary fees and products, and Colonial had a legal obligation over and above a basic moral obligation to move default member balances into MySuper at the time that best met their members' needs, not their own."

Super should help secure home loans: Inquiry

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
The inquiry into housing affordability and supply in Australia has recommended first home buyers be able to use their superannuation as collateral for a home. The House of Representatives Standing Committee on Tax and Revenue tabled its report following ...

Hostplus, Statewide provide merger details

JAMIE WILLIAMSON  |  THURSDAY, 10 MAR 2022
... group insurer and the policy terms being retained. Under the example provided, a 40-year-old member with four units of default cover in the Active occupation category will now pay $12.70 a week for death, TPD and income protection. Previously they paid ...

AvSuper names insurer, premiums rise

JAMIE WILLIAMSON  |  MONDAY, 7 MAR 2022
... members will pay more for their death and TPD cover; the first increase in six years. A 'light blue collar' member with default cover of two units of death and TPD will see their premiums rise from $1.70 a week to $2. Premiums for fixed voluntary cover ...

Private debt and YFYS: Research

ELIZABETH MCARTHUR  |  FRIDAY, 18 FEB 2022
... annum. The test scenario analysis estimated losses to be 17bps per annum, which is based upon the Standard & Poor's BB default rate. "The illiquidity and complexity premia that can be captured in private debt, along with exposure to the B/BB credit universe ...