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Showing 1071 - 1080 of 1955 results for "Default"

Actuaries call for overhaul of retirement phase rules

JAMES FERNYHOUGH  |  MONDAY, 17 FEB 2014
... retired from full-time employment and does not choose a specific retirement product (e.g. they are already in a MySuper default superannuation product), then they are placed in an income stream product that allows flexibility and control of capital in ...

Pressure mounts on super in modern awards

JAMES FERNYHOUGH  |  FRIDAY, 14 FEB 2014
MLC and BT have called on the Fair Work Commission (FWC) to delay its four yearly review of the default fund terms of modern awards until after the government has completed its own review into the issue. The call is part of a larger campaign led by ...

US Congress votes to raise debt ceiling

ALEX DUNNIN  |  THURSDAY, 13 FEB 2014
... reported last week saying that if the debt ceiling wasn't raised from 27 February the US was likely to be in technical default on its debt. The clean debt ceiling bill is also likely to reinforce growing confidence in the US economic recovery that combined ...

FSC slams 'closed shop' super awards rules

JAMES FERNYHOUGH  |  TUESDAY, 11 FEB 2014
... superannuation out of modern awards, arguing that the Fair Work Commission (FWC) has no role in determining which funds can be default employer funds. Under the current system, super funds who want to be the default funds for industries that fall under ...

New EM bond rater proposes fresh approach

ALEX DUNNIN  |  WEDNESDAY, 5 FEB 2014
... filter of 'investment grade' and 'non-investment grade' in preference to grouping bonds according to their probability of default. He acknowledged that investors may regard low and moderate probability risk as a de facto way of saying investment grade ...

Market Wrap AM

AAP  |  WEDNESDAY, 5 FEB 2014
... who warned that the US borrowing limit will be reached on Friday, renewing fears of a Washington stand-off and possible default. Tokyo dived 4.18 per cent, or 610.66 points on Tuesday, to 14,008.47. The losses leave the Nikkei 14 per cent down since ...

AMP to launch integrated mobile app

JAMES FERNYHOUGH  |  FRIDAY, 31 JAN 2014
... technology is one of the keys to engaging younger members. This is a big issue for AMP, as 85% of their members are in default options - suggesting a degree of disengagement. "I think not only is technology going to drive more engagement, but I think ...

Niche funds have their advantages: legalsuper CEO

JAMES FERNYHOUGH  |  THURSDAY, 30 JAN 2014
... stand it in good stead. He also said legalsuper members are unusually engaged with their super, with only 50% choosing non-default investment options. However, he did not rule out merging altogether. "Never say never. You've always got to be open to ...

SMSFs retarding growth in Australia: Credit Suisse

LAURA MILLAN  |  WEDNESDAY, 29 JAN 2014
... However, "corporate bond holders cannot dictate terms to management like equity holders can, unless there is a situation of default."

Lifecycle the future of pensions globally: Mercer

JAMES FERNYHOUGH  |  FRIDAY, 24 JAN 2014
... But Mather said this will change. "A number of the industry funds have said to us that they've rebadged their existing default because it was easier to do given the [regulatory] constraints, but they are now looking at other alternatives and they will ...