Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1291 - 1300 of 1955 results for "Default"

Market Wrap - Midday

AAP  |  WEDNESDAY, 11 APR 2012
... bond yields rose, the market fell and the two were tied together in a causal relationship. "The possibility of a Spanish default is no nearer or further away than it was four days ago." At 1200 AEST on Wednesday, the Australian dollar was trading at ...

Member interests and employer choice paramount

ELISE BURGESS  |  TUESDAY, 10 APR 2012
Member interests and not the interests of competing funds is paramount for default super, said FSC and the AIST in their parliamentary submissions. The Australian Institute of Superannuation Trustees (AIST) and the Financial Services Council (FSC) have ...

New service to boost retiree returns by 1pct

ALEX DUNNIN  |  WEDNESDAY, 4 APR 2012
A new service has been launched into Australia to help trustees tailor default investment strategies for their retiree fund members that takes into account their differing risk tolerances and time horizons. Doug Bucknell, managing director of the Australian ...

MLC MasterKey Business Super upgrades clearing house

RACHEL DAVIS  |  FRIDAY, 30 MAR 2012
... 2001 and has now been upgraded to keep pace with the changing super landscape. Employers will now be able to pay both default and choice contributions, including those made to self-managed super funds, electronically. Contributions are processed directly ...

Professional Associations Super targets investment risk

MELANIE TIMBRELL  |  THURSDAY, 29 MAR 2012
... effort to explore how risks should be mitigated or exploited. Focusing on exposure to primary risks such as sovereign default and deflation, the fund is aiming to improve investment outcomes in addition to ensuring the fund is ready for APRA's introduction ...

MySuper should engage with lifecycling: Cooper

MELANIE TIMBRELL  |  WEDNESDAY, 28 MAR 2012
Super funds will need to engage with lifecycling, rather than simply relying on rebranded default options, according to super heavyweight Jeremy Cooper. This was the message delivered to an industry forum yesterday by the chairman of retirement income ...

Funds remain unconvinced on lifecycle MySuper product

MELANIE TIMBRELL  |  THURSDAY, 22 MAR 2012
... of AIST. Over 60% of funds in the NFP sector reported that their MySuper product would be a re-badging of the current default option rather than creating a separate MySuper product distinct from what is currently available. Ross Jones, deputy chair of ...

Inaugural responsible investing platform launched

ELISE BURGESS  |  THURSDAY, 22 MAR 2012
... director of Australian Ethical. Held at the offices of major sponsors Bendigo Wealth, Bendigo and Adelaide Bank is the wrap's default cash account provider. "Australian investors and financial advisers are increasingly seeking to make investment decisions ...

APRA calls for dialogue with funds on MySuper

MELANIE TIMBRELL  |  WEDNESDAY, 21 MAR 2012
... trustees need to decide and have authorised a MySuper product. By October 1 2013, if you do not have a MySuper product then default money will not go into your fund," Jones said. "You do not want to be in a circumstance where you apply for authorisation ...

When optimism rains, it pours

BENJAMIN ONG  |  THURSDAY, 15 MAR 2012
... global economic outlook was not conducive to making mo' money. No sir! Better stuff your savings under the bed. Greece will default - Portugal, Spain and Italy, maybe. The Eurozone economy will recede, and perhaps take the UK down with it. Worse, the ...