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Showing 1531 - 1540 of 1965 results for "default"

Cbus to shut down 'capital guaranteed' option, renames default

MATT WOODINGTON  |  WEDNESDAY, 16 FEB 2011
... Unions Superannuation (Cbus) has closed two of its investment options, including 'capital guaranteed', while renaming its default option to 'growth'. Cbus fully closed its moderate growth option at the end of 2010, while the capital guaranteed option ...

Virgin Money launches direct life insurance product

ALEX DUNNIN  |  WEDNESDAY, 16 FEB 2011
... funds AustralianSuper and First State Super in NSW. The $2.31 starting price matches the average premium for standard default cover for not-for-profit super fund group insurance which buys up to $175,000 sum insured. However, according to Virgin Money's ...

Self-directed investors challenge industry giants

MICHELLE BALTAZAR, ALEX DUNNIN  |  MONDAY, 14 FEB 2011
... advice, want piece-by-piece simple advice rather than holistic advice. Many advisers still provide holistic advice as the default option," the finance regulator ASIC noted in its recently released Access to Financial Advice report. Growth in the self-directed ...

Westscheme merges with AustralianSuper

MICHELLE BALTAZAR  |  TUESDAY, 8 FEB 2011
... performing super fund against Westscheme ranked in the 54th spot over the year to December. For example, AustralianSuper's default option returned 8.5 per cent while Westscheme's equivalent default option returned 5.3 per cent over one year. The investment ...

ASIC outlines philosophy behind policy framework

ALEX DUNNIN  |  TUESDAY, 1 FEB 2011
Financial planners who continue to think holistic advice is the default advice model are holding themselves back from seizing emerging opportunities, an ASIC report said. Early in January, ASIC released their Access to Financial Advice report that outlined ...

Value a plus

BENJAMIN ONG  |  THURSDAY, 20 JAN 2011
... global bonds. G7 10-year bonds offer an average yield of only 1.8 per cent. Barring exogenous shocks (perhaps, a Spanish default?) that could send volatility soaring and shatter investor confidence, sub-par global economic growth should be no hindrance ...

Growth spoiler

BENJAMIN ONG  |  TUESDAY, 18 JAN 2011
Be careful what you wish for. After many, many years of drought, Australia got what it wished for - the green lawn inducing, agriculture produce growing rain. Suddenly the rural sector was looking good. Harvest would be a-plenty. Not only would Australians ...

Investors tap emerging market debt

JOHN MCDULING  |  MONDAY, 17 JAN 2011
... institutional investors. Murphy said that, while they have embraced emerging markets, Australian institutions "tend to default" to equities, when a number of dynamics suggest it would be sensible to add exposure to emerging market debt. The growth profile ...

Government unveils response to Cooper

RUTH LIEW  |  THURSDAY, 16 DEC 2010
... savings to occur the government is expecting aggregate fee revenue to drop 20 per cent as the majority of members solely in default options receive better fee deals or over-serviced members transfer into lower cost funds. "The Government is acting to ...

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 ...