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Showing 1571 - 1580 of 1956 results for "Default"

QIC adopts lifecycle investing

COMPANY RELEASE  |  TUESDAY, 6 JUL 2010
... strategies, Michael Drew, said the GFC had highlighted the shortcomings of the traditional 'set and forget' approaches to default option design. "With most super fund members in defined contribution plans, the recent effects of the global financial crisis ...

Central plank of Cooper Review is MySuper

MICHELLE BALTAZAR  |  MONDAY, 5 JUL 2010
... study on the efficiency of the superannuation system, the Cooper Review panel recommended the Government introduce a new default fund option for the masses to be called 'MySuper', a simple solution with dramatic consequences. The Cooper Review flagged ...

UniSuper boosts insurance

COMPANY RELEASE  |  THURSDAY, 1 JUL 2010
... members can also apply for up to two additional units of optional death and disablement cover in addition to the one unit of default cover on joining without providing health evidence to the insurer. UniSuper's optional death cover will be extended to ...

SCT chief Furlan talks tough on benefits

RUTH LIEW  |  THURSDAY, 1 JUL 2010
... Jocelyn Furlan, chairperson of the Superannuation Complaints Tribunal, told a Women in Super audience that the design of default death cover can sometimes leave "unintended consequences, with lots of money sloshing around", particularly for members who ...

APRA dictates investment option labels

MICHAEL HOBBS  |  WEDNESDAY, 30 JUN 2010
... it." APRA's investment option categorisation guidelines will not impact how trustees of Workplace funds operate their default investment strategies but they will impose tough rules for how these must be labelled. Damian Hill, chief executive at REST ...

Market Wrap - Morning

AAP  |  FRIDAY, 25 JUN 2010
... on Asian markets, which closed mostly lower and set the stage for declines in Europe and later on Wall Street. Credit default swaps on Greek bonds, which act as insurance against the risk of a national default, shot up to a record high on Thursday, signalling ...

RMBS market low risk and high return: Aberdeen

MICHAEL HOBBS  |  THURSDAY, 24 JUN 2010
... very efficient for them to do that now so there's not much issuance," he said. It's even more attractive given the low default risk, added Rodriguez. "In terms of risk of loss these securities are pretty much bullet proof. You'd need to see mortgage ...

Lessons from US pension funds in crisis

MICHELLE BALTAZAR  |  MONDAY, 21 JUN 2010
... value of the already-promised pension liabilities of the 50 states amount to US$5.17 trillion, assuming that states cannot default on pension benefits that workers have already earned. Net of the $1.94 trillion in assets, these pensions are underfunded ...

The future according to Ben

BENJAMIN ONG  |  WEDNESDAY, 9 JUN 2010
... steps in tackling their respective countries' fiscal deficits. And that, European authorities "are committed to avoiding default in Greece" and the 750 billion euros "certainly covers the obligations of Greece and Portugal and Spain for a number of years." ...

Silver lining

BENJAMIN ONG  |  THURSDAY, 3 JUN 2010
... Europe. The one that started it all remains with us to this day. Speculations still abound. Some with substance - Greek default - others, plainly fear monger - euro will disappear. And speaking of the euro, CNBC reported overnight that the Iranian central ...