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Showing 141 - 150 of 1952 results for "Default"

Former director disqualified for breaching obligations

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
Having been involved in three failed companies, ASIC has disqualified a former financial services industry director for five years. Christian Oey was the director of two financial services companies between May 1999 and November 2018, Clickthru and ...

Aware Super delivers 11.02% to default members

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
Aware Super's default High Growth investment option returned 11.02% for FY24, home to about 70% of its membership. The High Growth accumulation option - a lifecycle product - is Aware's default offering and has more than 750,000 of its 1.1 million members ...

Brighter Super launches Retire Easy Pension

JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUL 2024
... target and does not provide any guarantee that your super will last the rest of your life," Brighter Super noted. The default arrangement, which gives members more flexibility and control over investments, will continue to be the fund's existing ...

Rest's MySuper option returns 8.67% in FY24

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
Rest's core strategy default MySuper investment option, where most of its two million members are invested, delivered a one-year return of 8.67% over the last financial year. This exceeds its long-term average annual return of 8.29% since July 1988. ...

HESTA returns 9.1% to members

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
HESTA's default MySuper balanced growth option has returned 9.1% over the last financial year. The option has averaged an annual return of 7.62% over the past 10 years. HESTA chief executive Debby Blakey said that despite ongoing uncertainty in financial ...

Australian Retirement Trust delivers 11.3% in FY24

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... strategy, which affects how members' money is invested according to their age. Those under 50 years old and were in the Default option, for example, will move into the High Growth option. Members will de-risk from High Growth towards Balanced from ...

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... investment restrictions and replacing them with a "carbon budget framework". Market Forces analysis revealed Vision Super's default investment option has since picked up investment exposure to Whitehaven. "Vision Super must explain to its members why ...

Systematic investing in fixed income: Critical success factors

JAMIE WILLIAMSON  |  MONDAY, 24 JUN 2024
... time. For instance, carry (yield) may be a strong factor in investment-grade bond markets but not in high yield, where default risk is a more important performance driver. Consequently, it's crucial to evaluate factors continuously and manage them dynamically," ...

Early contributions boost retirement balances

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
The superannuation gap of young Australians who contribute to their super earlier, compared to those who take the default contribution option has been confirmed by modelling from advice tech platform Otivo. Otivo's modelling reported that if younger ...

Recession signs: Economic growth has 'ground to a halt'

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... over the past five quarters has progressively shrunk." Aird noted that the slowdown in GDP growth was "by design, not default" as the economy was running hot coming out of the pandemic and operating above its capacity. "But that picture has changed. ...