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Showing 991 - 1000 of 1954 results for "Default"

SPAA rejects compulsory annuitisation

LAURA MILLAN  |  THURSDAY, 28 AUG 2014
... retirement income product over another," the organisation said. SPAA added that it is not in favour of "the introduction of default option for how retirees receive their retirement benefits." The group does not support either "mandating retirement income ...

Consumers overwhelmingly positive about super

JAMES FERNYHOUGH  |  THURSDAY, 28 AUG 2014
... from 66% last year. The survey also found an increase of engagement, 68% of people saying they were in their employer's default fund, compared to 74% last year. Brogden said that increased competition as a result of the MySuper regime would lead to even ...

Annuities not right for default pensions: Rice Warner

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
Life annuities are not appropriate for default pension products as they lock members' money away, according to Rice Warner chief executive Michael Rice. Rice Warner has devised a default pension product based solely on an account-based pension model. ...

Invesco launches new fund

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
... investors a range of benefits including stable returns with a floating income stream, priority repayment in the event of default, a high level of transparency, low correlation with other asset classes, a possible hedge against inflation, and mitigation ...

Fear me not

BENJAMIN ONG  |  MONDAY, 18 AUG 2014
... still low even at the 17.03 read reached on the 1st of August when the markets faced the sum of all its fears - Argentina default, Putin, Israel, Iraq, slow growth in China, faster growth in the US that could prompt earlier rate hike by the Fed - that ...

New report stokes 'Compare the Pair' flames

MARK SMITH  |  WEDNESDAY, 13 AUG 2014
... the numbers. In the release ISA chief executive David Whiteley said this "alarming finding" reinforces the need for a default super safety net to ensure that only the best performing super funds are default funds. "With eight in ten Australians not choosing ...

ACCI calls for end to super in awards

JAMES FERNYHOUGH  |  FRIDAY, 8 AUG 2014
... Chamber of Commerce and Industry (ACCI) renewed calls for an end to the Fair Work Commission's involvement in selecting default funds. The call, made at the Financial Services Council conference, will be a particularly hard blow to industry funds, as ...

Market Wrap AM

AAP  |  FRIDAY, 8 AUG 2014
... extended their declines with investors still concerned over conflicts in the Middle East and Ukraine and Argentina's debt default. At 0802 AEST on Monday, the September share price index futures contract was down 26 points at 5,473. Locally, in economic ...

Submissions open for SuperStream pass through amendments

JAMES FERNYHOUGH  |  MONDAY, 4 AUG 2014
... Government has released an exposure draft proposing to amend the Superannuation Industry (Supervision) (SIS) Act to require default superannuation funds to process all default contributions. The amendments would mean that employers would automatically ...

Super posts 12.7 pct for FY2014

STAFF WRITER  |  MONDAY, 4 AUG 2014
... posting returns of 6.1% from domestic bonds and 7.9% from international bonds. The top three Workplace super funds (by default options) were CFS FirstChoice with 15.7%, and Telstra Super and VicSuper both with 15.6%. Telstra Super was also the top performer ...