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Showing 1191 - 1200 of 1955 results for "Default"

MySuper still ontrack despite low license applications

ALEX DUNNIN, LAURA MILLAN  |  MONDAY, 25 FEB 2013
... indication it has MySuper in its sights but it has expressed concerns about the idea of MySuper products being appointed as default funds in industrial awards. But given the four year introduction period, the low MySuper licence application rate may ...

Super assets up 15% to $1.5tr

ALEX DUNNIN  |  THURSDAY, 21 FEB 2013
... funds which draws most of its contributions from employer contributions centred around the superannuation guarantee and default award arranagements. This stronger reliance on member contributions is why the seemingly unstoppable rise of SMSFs is a much ...

EU-wide ban on CDS pointless

MICHELLE BALTAZAR  |  WEDNESDAY, 20 FEB 2013
Academic research from Imperial College found that Credit Default Swap (CDS) spreads are a poor proxy for sovereign default risk, suggesting that the EU-wide ban on naked CDS positions is unlikely to achieve its aims. Lara Cathcart, senior lecturer ...

Cbus MySuper fund gets green light

MARK SMITH  |  WEDNESDAY, 20 FEB 2013
... provider to see its MySuper offering get the nod from the regulator on 15 February. Growth (Cbus MySuper) will become the default offer for Cbus members; as part of the Government's Stronger Super changes. "Growth (Cbus MySuper) will be a similar product ...

All Ords at 5000 overvalued but...

BENJAMIN ONG  |  THURSDAY, 14 FEB 2013
... failed to hold above 5,000 in February and April 2011. Then again, 2011 was a year of heightened uncertainties: Greek default fears and bailout fears for Spain and Italy; Japan earthquake/tsunami/nuclear meltdown that disrupted production; America's ...

$1tr flows into US bond funds

ALEX DUNNIN  |  TUESDAY, 12 FEB 2013
... the Reserve Bank, the average one year term deposit is paying a yield of 4.2% pre tax, compared to the SelectingSuper default investment option index that returned 12.2% post tax. If the Reserve Bank lowers rates further, this differential is only going ...

KiwiSaver up 36% to A$12.2bn

ALEX DUNNIN  |  TUESDAY, 5 FEB 2013
... guarrantee system excepting it operates through 'soft compulsion' or opt-out. Funds apply to be included on a panel of default funds from which members can choose the fund they'd like to join and have their employer superannuation contributions deposited. ...

Coalition wants fund governance changes: Fletcher

BEN COLLINS  |  TUESDAY, 5 FEB 2013
... "subjugate" the interests of CBUS members to push its own industrial agenda. The CFMEU is threatening to replace CBUS as the default fund for its members. "Presumably it [the CFMEU] intends to use the award process to have CBUS removed as a default fund ...

Super funds post stellar returns - AREITs on top

MARK SMITH  |  FRIDAY, 1 FEB 2013
Super fund returns continued their astounding recovery during December as the SelectingSuper Workplace default option index climbed to a 32-month high of 12.1%, the latest Rainmaker analysis shows. The positive result has been driven by the recent strong ...

Media super ups disclosure, lodges MySuper application

BEN COLLINS  |  TUESDAY, 29 JAN 2013
... MySuper option must contain including a simple investment strategy with no commissions or entry fees. "Media Super's current default investment, the Balanced option, already contains many of the low cost attributes required of MySuper, and as such we ...