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Showing 1531 - 1540 of 1956 results for "Default"

Lift the bar on default funds: ISN

RUTH LIEW  |  WEDNESDAY, 15 DEC 2010
... automatically "flipped" to more costly funds upon changing jobs - and for stricter employer guidelines when selecting workplace default funds. In its latest briefing note, ISN put the spotlight on default funds and urged for stricter selection criteria ...

Perpetual settles over Mahogany

JOHN MCDULING  |  MONDAY, 6 DEC 2010
... the Mahogany notes, for whom Perpetual was acting as trustee, were left out in the cold after Lehman Brothers went into default in September 2008 and the complex, structured transaction underpinning the notes fell apart. Mahogany had used the proceeds ...

Super fund recovery 6pc but big funds fail to fire

ALEX DUNNIN  |  MONDAY, 6 DEC 2010
... are boutiques. The $17 billion fund REST was the only mega fund to make the cut. The top five Workplace Super funds (by default options) over the 12 months to end October were Health Super with 9.54 per cent, ANZ Staff with 9.50 per cent, CBA Officers ...

LUCRF simplifies insurance for more cover

MEDIA RELEASE  |  FRIDAY, 3 DEC 2010
... eligible for a total of 4 units of Death & TPD cover, or 6 units of Death Only cover. By contrast, the fund's current default cover gives members 1 unit of Standard Fixed Premium Death & TPD. LUCRF Super is Australia's first industry super fund The Labour ...

HiPortfolio helps Suncorp adopt TOFA changes

MEDIA RELEASE  |  THURSDAY, 2 DEC 2010
... The legislation is designed to reduce tax distortions and improve financial risk management through a mix of elected and default methods of taxation treatment. It is also designed to reduce tax distortions and enhance financial risk management. "Suncorp ...

MTAA halts new money to 'illiquid' option

RUTH LIEW  |  WEDNESDAY, 1 DEC 2010
... in the strategy are allowed to keep their funds in the option but new contributions will be redirected into the fund's default option. MTAA Super stressed, however, that the decision to close the strategy "does not reflect any fundamental problems with ...

Danger everywhere

BENJAMIN ONG  |  WEDNESDAY, 1 DEC 2010
... entire European continent must be in danger. I want more protection from the rape of Europa! Here's Bloomberg: "Credit-default swaps insuring Italian government bonds rose 22.5 basis points to 268.4, contracts on Spain increased 12.8 basis points to ...

Cormann blasts ALP over default super

JOHN MCDULING  |  WEDNESDAY, 17 NOV 2010
... Superannuation, Senator Mathias Cormann, has criticised the ALP for failing to support moves to improve competition into the default superannuation fund market. The ALP voted against a coalition motion in the Senate yesterday, resulting in the Senate ...

Member switching yields winners and losers

RUTH LIEW  |  TUESDAY, 16 NOV 2010
A new SuperSA study shows 93 per cent of Triple S members chose to stay in the default balanced option during the GFC - while 7 per cent opted to put their money in different strategies. SuperSA's Triple S members who switched investment options during ...

Trustees call to scrap MySuper

RUTH LIEW  |  THURSDAY, 11 NOV 2010
... like MySuper. "By proposing MySuper, you're really saying to everybody, to the 80 per cent that are currently still in default options, that we agree with you that you're not interested in superannuation. "MySuper provides to everybody out there the ...