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Showing 1721 - 1730 of 1957 results for "Default"

Super funds to pass 'approved list'

MICHELLE BALTAZAR  |  THURSDAY, 24 JUL 2008
... "renovate the house" when he filed a government submission calling for a radical change to the way employers select their default super fund - suggesting a default fund should be chosen from an 'approved list'. In a document submitted to the Australian ...

Gen Y risks high fees

RUTH LIEW  |  WEDNESDAY, 23 JUL 2008
... super fees, particular as super funds offer corporate deals on fees and insurance, often to larger employers, to secure default fund status. "In most cases these special corporate deals are forfeited when employees leave for another job - the deal being ...

IFSA slams proposed default fund

ALEX DUNNIN AND RUTH LIEW  |  WEDNESDAY, 16 JUL 2008
... has shot down a proposal by an APRA principal researcher for the government to set up a single-option indexed national default super fund to receive SG contributions. Richard Gilbert, chief executive of IFSA, is skeptical of research highlighting a default ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 16 JUL 2008
The Australian stock market is expected to open lower after US stocks sank on lingering concerns about the health of the US financial system, fanned by troubles at large mortgage financiers Freddie Mac and Fannie Mae. Local energy stocks are expected ...

Slash fees with national default fund

ALEX DUNNIN  |  FRIDAY, 11 JUL 2008
A researcher from APRA has outlined how the government could set up a single-option indexed default super fund to receive SG contributions that could operate at fee levels as low as 10 basis points. Wilson Sy, a researcher at the Australian Prudential ...

Qantas Super raises insurance cover

RUTH LIEW  |  THURSDAY, 10 JUL 2008
The $6.6 billion Qantas Superannuation fund has introduced minimum death cover to its default funds. According to a Qantas Super newsletter, minimum death cover will be provided for funds which are used as the "default" fund under the current Choice ...

Market Wrap - Morning

AAP  |  THURSDAY, 10 JUL 2008
... compensate for losses from the housing slump. Merrill Lynch & Co. also dropped, after Fitch Ratings put its long-term credit default rating on watch for a possible downgrade. With dismal bank and lender earnings expected in the coming weeks, investors ...

Qantas Super switches to monthly MIC

RUTH LIEW  |  TUESDAY, 8 JUL 2008
... switching, the MIC option chosen will continue to apply to all relevant accounts and the growth option will remain the default option among others.

BNY Mellon taps distressed debt

RUTH LIEW  |  THURSDAY, 3 JUL 2008
... per cent. Given the timing of the launch in 2006, which was in an environment of historically low and still declining default rates, Mellon Global Alternative Investments (MGAI) designed the fund to incorporate a full cycle approach. The credit crisis ...

Sparks fly at APRA statistics forum

ALEX DUNNIN  |  THURSDAY, 3 JUL 2008
... economic measure, said Rainmaker, while Warren Chant said a better way for APRA to report returns would be to focus on default investment choices. But complicating the issue is that most retail funds do not have default choices because investment portfolios ...