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Showing 1151 - 1160 of 3212 results for "Choice"

Industry stakeholders welcome PC report

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAY 2018
... employees being allocated a default super fund only once, a 'best in show' shortlist of large default super funds, preserving choice and competition and significant insurance reforms are worthy ideas that should be considered to improve the competitiveness ...

Chief economist update: "Quitaly"

BENJAMIN ONG  |  WEDNESDAY, 30 MAY 2018
... "Madriddance". The reason, as Factset put it succinctly: "Italian president Matterella rejected populist finance minister choice and called on former IMF official Cottarelli to lead a technocrat government. However, unlikely to win vote of confidence ...

Productivity Commission addresses superannuation lottery

DARREN SNYDER  |  TUESDAY, 29 MAY 2018
... competitiveness. The report likens aspects of Australia's $2.6 trillion super system to a lottery. Default super versus choice The 571-page draft report pits default super versus choice and the Commission has developed a model which it believes supports ...

GROW Super seeks RSE licence

JAMIE WILLIAMSON  |  MONDAY, 28 MAY 2018
... as sub-funds or products of seven different APRA-regulated super funds; OneVue's trustee business Diversa is a popular choice. OneVue head of product Brett Marsh says: "These days it's very difficult to get a new super fund up and running and so this ...

AMP hit with another proposed class action

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
... head of class actions Andrew Watson believes that in a world of competing class actions, AMP investors now have a clear choice. "In a world where institutional investors and retail shareholders alike are grappling with how to choose between competing ...

Trustee services provider appoints new chair

ALEX BURKE  |  TUESDAY, 15 MAY 2018
... Australia has one of the best pension savings systems in the world," Rankin said. "Sargon is enabling greater competition and choice in the Australian superannuation and investment management industry, through which we intend to improve retirement outcomes." ...

Morrison sharpens blockchain, AI agenda

KARREN VERGARA  |  WEDNESDAY, 9 MAY 2018
... forward with our Open Banking Regime and Consumer Data Right, giving small businesses and households more control, more choice and better deals." The Government will pour $45 million over four years to develop the Consumer Data Right, enabling consumers ...

Retirement income rules boost annuities: Challenger

ALEX BURKE  |  WEDNESDAY, 9 MAY 2018
... products become a mainstream option in retirement," Challenger chief executive Brian Benari said. "These reforms will enhance choice for retirees and make it easier for them to access solutions that deliver reliable income for life." Benari added that ...

Labor responds to 'unfair' Budget

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
The Labor Party said pensioners and working Australians will be most disadvantaged by this year's Budget proposals. Opposition Leader Bill Shorten said the Liberal Government's budget is "unfair" and favours big business. In a series of Tweets, Shorten ...

Government to ban default life insurance in super

ALEX BURKE  |  TUESDAY, 8 MAY 2018
The Federal Government will mandate that superannuation funds no longer have opt-out life insurance arrangements for members under 25 and those with low balances. Budget papers said this was being done as a means of "protecting Australians' retirement ...