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Showing 171 - 180 of 617 results for "CPI +4.5 %"

New super benchmarking flawed: Rice Warner

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
... said. "Some funds have outperformed CPI by 4% to 5% over periods of 30 or more years. Had the PC set a benchmark of (say) CPI + 3.5% over rolling 10-year periods, it would have set a reasonable bar without needing a new metric for funds. "Further, it ...

Industry fund launches new passive options

JAMIE WILLIAMSON  |  WEDNESDAY, 14 OCT 2020
A $6 billion industry superannuation fund has introduced a range of low-cost, indexed investment options for members as it closes two other options. LUCRF Super has made changes to its range of investment options to offer members a wider range of low ...

Vision Super revises investment strategy

ELIZA BAVIN  |  TUESDAY, 25 AUG 2020
... interest rates. For accumulation and NCAP members, Vision's conservative and balanced options will have a new objective of CPI + 1.5% down from CPI + 2.5%. For pension members in a conservative option, the objective has been changed to CPI + 2%, down ...

Challenger launches new lifetime annuity

KANIKA SOOD  |  MONDAY, 24 AUG 2020
Challenger has launched a new lifetime annuity with payments linked to the cash rate. The RBA Cash Linked option is the first lifetime annuity in Australia to be linked to the cash rate, according to the firm. Challenger also offers lifetime annuities ...

ISA, Grattan find common ground

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
... entitling them to a higher rate of pension than each member of a couple, and deflates the future value of the pension to CPI - vastly inflating its value relative to community living standards," ISA said. "It claims all workers continuously receiving ...

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
Down, down, prices are down... big time! The Australian Bureau of Statistics (ABS) reported that the country's headline inflation dropped by 1.9% in the June quarter - the largest quarter on quarter decline in the 72-year history that the statistician ...

Chief economist update: The post-pandemic problem

BENJAMIN ONG  |  THURSDAY, 2 JUL 2020
"This is a once-in-a-100 year type event, we haven't seen this sort of thing in Australia since the end of the first World War..." This was how Australian Prime Minister Scott Morrison described the coronavirus outbreak shortly after the World Health ...

Rice Warner questions super return targets

HARRISON WORLEY  |  THURSDAY, 25 JUN 2020
... "While the past can be a poor guide to the future, it has to be said that those funds with a 25 or 30 year history of earning CPI + 4% or even 5% must be doing something right, persistently," Rice Warner said. "The only other comparable metric is the ...

Chief economist update: Japan on the mend but BOJ, Abe not taking any chances

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2020
Japanese Prime Minister Shinzo Abe's lifting of the state of emergency in the country on May 25 has been rewarded with encouraging indications of recovery in the economy. This is highlighted by the improvement in the au Jibun Bank Japan PMI surveys. ...

The secret to neutralising sequencing risk

ALLY SELBY  |  TUESDAY, 16 JUN 2020
... weak economies, the inevitable result was the increased risk taking needed in portfolios to meet expected rates of return or CPI + thresholds - because the risk-free rate gave so little nominal reward." Investors had become complacent during a decade ...