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Showing 91 - 100 of 1952 results for "Default"

Cbus plays it steady amid rocky start to the year

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... which has helped put the portfolio in good stead over the last 40 years, and which he thinks will for the next 40. Cbus' default investment option has returned 8.87% over the last 40 years to 30 June 2024. Gavin admits, however, the past couple of years ...

Insurance in super remains a mystery to millions of Australians

ANDREW MCKEAN  |  FRIDAY, 28 MAR 2025
There is still millions of Australians paying for default insurance cover through their superannuation that they don't know about or understand, according to Super Consumers Australia (SCA). SCA found that 19% of people are unsure whether they have ...

Fixing retirement system an election priority: Grattan

JAMIE WILLIAMSON  |  MONDAY, 17 MAR 2025
... down the track, Grattan said more of the value of the family home should be included in the Age Pension assets test, and default insurance through super should be reviewed, including assessing whether default insurance cover should be provided outside ...

CareSuper to merge with meat industry fund

ANDREW MCKEAN  |  MONDAY, 17 MAR 2025
... "The fund's sustainability metrics, as a result of COVID, weren't great..." Kaspar said. CareSuper's balanced MySuper default investment option returned 10.6% over the year to January 31, 6.3% over five years, and 7.2% over 10 years, according to ...

UniSuper prepared for buying opportunities

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... International Shares, which both recorded returns well in excess of 20%," he said. "UniSuper's Balanced option, which is our default option, returned 11.7% for the 12 months to 31 December 2024. Our Sustainable Balanced option performed strongly, returning ...

Mercer appoints chief investment officer from TelstraSuper

ANDREW MCKEAN  |  THURSDAY, 6 FEB 2025
... members, and driving its approach to sustainable investing. Notably, according to Rainmaker Information, TelstraSuper's default investment option returned 8% over 10 years to 31 December 2024, ranking fifth among measured workplace super options. ...

Bumpy roads ahead for traditional active managers

MATTHEW WAI  |  WEDNESDAY, 29 JAN 2025
... funds are well-positioned for growth with their strategic fee alterations and broad range of investment options through default choice and mandatory contributions. By doing so, Morningstar believes they can bring simplicity, cost-effectiveness, and a ...

Cbus hits $100bn in member assets

ELIZA BAVIN  |  TUESDAY, 28 JAN 2025
Cbus delivered double-digit returns in 2024, helping to propel its members' assets to the $100 billion mark. The default Growth (MySuper) investment option generated returns of 10.77% for 2024. The fund's High Growth investment option, returned ...

Rest appoints first-ever chief of staff

ANDREW MCKEAN  |  FRIDAY, 24 JAN 2025
... who's since moved onto a new opportunity within Rest. Separately, as previously reported by Financial Standard, Rest's default MySuper growth option returned 11.19% for calendar year 2024 - underpinned by the continued strong performance of listed ...

Team Super names retirement chief

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
... transfer date is set for March 21. He further mentioned that the funds are transitioning to a new platform provider, a new default investment design, a new insurance structure, and a new custodian. As for future merger partners, Sherry indicated some ...