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Showing 161 - 170 of 1952 results for "Default"

Proxy advisors have 'undue influence': Jamie Dimon

ANDREW MCKEAN  |  THURSDAY, 11 APR 2024
... independently of this information. Moreover, stewardship committees responsible for voting decisions are often held by experts who default large portions of their decision-making to proxy advisors. This, in turn, makes it harder for actual portfolio ...

James Mawhinney applies to have ASIC's case struck out

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... representations which Mawhinney's lawyers have applied to strike out include the 'Bank Term Deposit Representation', the 'No Risk of Default Representation' and the 'Repayment Representation', which ASIC relied upon when it went after the investment ...

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... 0.07%-1.60% p.a. depending on the option. ART has 19 investment options for accumulation accounts. Its accumulation MySuper default option is called the Super Savings Lifecycle Investment strategy. AvSuper corporate accumulation members, which are charged ...

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... December 2023, a class action was filed against Rest alleging it signed new members up for income protection cover by default. A couple of days earlier a class action was filed against IC Markets for consumer harm caused by offering retail investors ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... workflow". "Ninety percent of employees onboarded via Employment Hero either select an existing fund or their employer's default fund. We always encourage employees to consider their personal circumstances, including fees charged, performance versus ...

Simple strategies to overcome gender super gap

KARREN VERGARA  |  THURSDAY, 7 MAR 2024
... enough for retirement. "Women make fantastic financial citizens. We pay down our debt faster, we take on less debt, we default less. We make better decisions when it comes to investing. We have the skill naturally to be good at this and the challenge ...

Overhaul of TPD structure, pricing needed: MLC Life

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... financial security," it said. When it comes to lodging a claim for total permanent disablement (TPD) insurance, the current default system of insurance provision, 55% of respondents said they would claim or even consider it, even if they thought they ...

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
... Superannuation research shows that retail funds dominated in the 12 months to January end. League tables show Vanguard Super's default lifecycle investment option bested competitors for the year ending 31 January 2024. According to Rainmaker Information ...

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
... situation where many Australians, including young people, are now without insurance cover, with the near complete lack of default TPD cover for those aged under 25 a concerning issue that may have broader ramifications for the welfare system."

Vanguard Super hits $1bn, soft launches pension product

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... launch. It also comes on the back of the fund's first full calendar year result which saw it take out the top spot among default Lifecycle options, returning 14.7% for the 12 months to December end. In doing so, it beat out the likes of FirstChoice ...