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Showing 1021 - 1030 of 1954 results for "Default"

A sign from the holy spirit?

BENJAMIN ONG  |  FRIDAY, 11 JUL 2014
... "The cost of insuring senior financial debt in Europe rose for a fifth day. The Markit iTraxx Financial Index of credit-default swaps on 25 European banks and insurers rose 4.5 basis points to 73.5, the highest since May 27, according to data compiled ...

What happened to the ISA-FSC accord?

JAMES FERNYHOUGH  |  WEDNESDAY, 9 JUL 2014
... proposing," he says. He insists that an independent body is vital in helping employers make the right choice about their default super provider. "Super is now 9.5% of your wages. So how do you determine where your super goes if you don't choose it? Do ...

Funds return 11% in May

STAFF WRITER  |  MONDAY, 7 JUL 2014
The SelectingSuper Workplace rolling 12 month default option index increased marginally during May to return 11.3% compared to 11.1% at end April. At end December it was 16.1%. Three year super fund average annual returns are 8.8% pa, five year average ...

Sunsuper prepares for end of super in awards

JAMES FERNYHOUGH  |  THURSDAY, 3 JUL 2014
... told Financial Standard he thought the writing was on the wall for the Fair Work Commission's involvement in selecting default superannuation. "We're already operating on the assumption that this is going ahead at some point, though we don't know when. ...

Retail funds also guilty of 'Compare the Pair' vagueness

JAMES FERNYHOUGH  |  THURSDAY, 26 JUN 2014
... advertisement compares like with like MySuper products, they will be meaningless for the 80% of Australians who are in default funds. "The latest version of the ISA ad compares a hand-picked sample of the most expensive retail funds with a very short ...

MySuper flips members out of millions: CSSA

JAMES FERNYHOUGH  |  TUESDAY, 24 JUN 2014
... commissions being paid to advisers. The CSSA represents financial advisers who specialise in advising employers on picking default super funds. Their business model has traditionally been heavily reliant on commissions. Financial Standard is waiting ...

The scares that weren't

BENJAMIN ONG  |  FRIDAY, 20 JUN 2014
"...I'm gonna have myself a real good time I feel alive and the world it's turning inside out yeah! I'm floating around in ecstasy So don't stop me now don't stop me 'Cause I'm having a good time having a good time." - "Don't stop me now", Queen We've ...

Aussie, Aussie, Aussie, Oi, Oi, Oi

BENJAMIN ONG  |  MONDAY, 16 JUN 2014
... reach $US1.30 by 2013 -- and $US1.70 by 2014, as the greenback relinquishes its "exorbitant privilege" as the world's default currency. "The simple fact is the appreciation of the Australian dollar will be extraordinary..."... and this, "I can't see ...

FWC halts default super review

JAMES FERNYHOUGH  |  WEDNESDAY, 11 JUN 2014
The Fair Work Commission (FWC) has said it will halt its selection of MySuper funds as default funds under modern awards, after the full Federal Court found the expert panel was incorrectly constituted. In a statement released yesterday the president ...

Firms urged to get ready for SuperStream

AAP  |  TUESDAY, 10 JUN 2014
... opt in to use SuperStream, an electronic payments system that treats all super contributions in the same way, whether default or choice fund, or a self-managed fund. ATO national program manager for SuperStream Philip Hind said the new system would reduce ...