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Showing 131 - 140 of 1969 results for "Default"

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
In August, Finder's Consumer Sentiment Tracker recorded the highest level of mortgage stress since it first began tracking in early 2019. More than two in five (42%) homeowners struggled to pay their home loan in August with an estimated 1.4 million ...

ASIC sees case against Rest thrown out

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... involved determined members (those with workplace agreements), there are questions about how the judgment could apply to default or MySuper members, depending on the nature of the fund's trust deed, he said.

ASIC updates super calculator relief instrument

KARREN VERGARA  |  MONDAY, 16 SEP 2024
ASIC is updating the default rate of nominal wage inflation in its relief instrument, which will affect those who provide superannuation forecasts. The default rate of nominal wage inflation will decrease from 4% p.a. to 3.7% p.a. in ASIC (Superannuation ...

HESTA lowers insurance fees

KARREN VERGARA  |  MONDAY, 16 SEP 2024
... option's strategic asset allocation will be brought to similar levels as the Balanced Growth option, the super fund's default product. The growth portion of the Sustainable Growth option will reduce from 72% to 68%. The defensive allocation will ...

Super fund merger prompts investment changes

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
... renamed and changed to align with those currently offered by CareSuper ahead of their merger in November. Spirit Super's default balanced investment option will shift to a more defensive stance, adjusting its growth/defensive allocation from 74%/26% ...

Australian Ethical locks in new custodian

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
... custodian and investment administrator reflects the quality and competitiveness of their offer." Australian Ethical's default investment option has delivered an annual return of 3% over the three years to 30 June 2024. Meanwhile, over the past 10 years ...

Rest rebrands with new look

KARREN VERGARA  |  MONDAY, 2 SEP 2024
... are: Bonds, Property, Diversified, Shares, Australian Shares, and Overseas Shares. Another change is renaming the MySuper default option from Core Strategy to Growth. "Our refreshed visual brand is aligned to our members, their preferences and experiences. ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... options based on individual circumstances and objectives. This is very different for most members who are invested in default MySuper superannuation funds," Maloney said. The TDP platform sector has $18.8 billion in AUM, of which 90% or $17 billion passed ...

NGS Super to cut insurance premiums

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... members is competitive. NGS Super also reviewed and updated its investment fees and costs. The investment fee for its default option will reduce from 0.84% to 0.83% from October 1. Most other investment options saw either a slight decrease or no change ...

BlackRock launches new bond ETF

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... to Australian investors. "US Treasury bonds are considered one of the highest quality assets due to their low level of default risk, offering defensive benefits to the broader portfolio. The historic inverse relationship between stocks and bonds has ...