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Showing 1211 - 1220 of 1955 results for "Default"

APRA releases final Prudential Standard for MySuper transition

MARK STORY  |  THURSDAY, 13 DEC 2012
... offer MySuper products and ERFs for the superannuation industry. SPS 410 sets out requirements for the movement of accrued default amounts into a suitable MySuper product before 1 July 2017. This Prudential Standard establishes requirements for an RSE ...

Act now to capitalise on Asian fixed income migration: Omega

MARK SMITH  |  THURSDAY, 13 DEC 2012
... growth, strong balance sheets and have a far more positive long-term outlook with a lower probability of downgrade or default." Omega's Corporate Bond fund has had a 40% allocation to Asian corporate bonds, (excluding Japan), since its inception in 2009. ...

Super fund returns dip back below double-digits

ALEX DUNNIN  |  WEDNESDAY, 5 DEC 2012
... (31 October) are still twice the term deposit benchmark. Results of Rainmaker's just released SelectingSuper workplace default option index confirm the recovery in fund returns since June when returns averaged only 0.5%. Explaining why rolling 12 month ...

Life-cycle funds boost retirement income: Mercer

MARK SMITH  |  TUESDAY, 4 DEC 2012
Adding a whole of life age-based investment default option to superannuation funds would reduce investment risk and help restore confidence in the Australian super system, according to Mercer's David Anderson. The financial services provider used the ...

Aust Post streamlines Super payments for SMEs

MARK STORY  |  MONDAY, 3 DEC 2012
... new Australia Post service is expected to make it easier for SMEs to make employee superannuation contributions (both default and choice) at no additional cost. In addition to a significant reduction in processing costs, funds will also benefit from ...

Tailored income projections drive investor engagement

ALEX DUNNIN  |  FRIDAY, 30 NOV 2012
Before fund fiduciaries push members to engage, they should first ask what the engagement is meant to achieve. In Australia to attend the ASFA national conference yesterday, Donn Hess, head of product strategy at J.P. Morgan Asset Management advised ...

TAL urges trustees to review default insurance benefits

MARK STORY  |  FRIDAY, 30 NOV 2012
Super fund trustees should re-examine whether the levels of default life insurance cover offered by their funds meet member needs, according to specialist life insurer, TAL. APRA's proposed Prudential Standard SPS250 will require trustees to develop ...

MySuper tranche three clears House of Reps

BEN COLLINS  |  FRIDAY, 30 NOV 2012
... should ensure engaged members have their investment choices protected while ensuring others who are invested wholly in 'default' investment options (excluding cash only options) have their balances transferred to MySuper," the statement said. Issued ...

Market wrap AM

AAP  |  WEDNESDAY, 28 NOV 2012
... open lower following falls on Wall Street after Greece secured a revised bailout deal that will help it again avert a default on its huge debt load. At 0631 AEDT on Wednesday, the December share price index futures contract was down 16 points at 4,437. ...

New after-tax system for Qantas Super

BEN COLLINS  |  TUESDAY, 27 NOV 2012
... overall program of initiatives will deliver implementation efficiencies of 25 basis points per annum for members of our default Growth option," Spence said. "This new approach, which involves managing our Australian and global equities portfolios centrally ...