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Showing 181 - 190 of 1965 results for "default"

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 ...

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... claims that when members didn't make any contribution to their Rest account for 13 continuous months or more, the default income protection insurance policy didn't provide the member with any coverage and when members held multiple income protection ...

Aussies want control of nest eggs: FSC

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... while 62% of these will seek this advice from a financial adviser. Briggs said that treasury should be careful not to default superannuation members into government-designed retirement products as 40% of participants voted against the idea. "Consumers' ...

Indexed strategies to hit $1tn in two years

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... executive director of research and compliance Alex Dunnin said. "Within some asset classes, this will make indexing the default investment style, adding pressure on the business models of active managers." The research shows that exchange-traded funds ...

Advice reforms can solve retirement income challenges

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
... A critical part of the solution is making sure superannuation has pathways that help nudge people towards well-rounded default solutions for funding retirement, he said, warning that notions of "a standardised product" need to be approached with care. ...

Qantas Super reduces premiums again

KARREN VERGARA  |  TUESDAY, 23 JAN 2024
... after it made a round of cuts. On January 1, Qantas Super premiums for income protection reduced by 13%, while rates for default and voluntary death and total and permanent disablement (TPD) cover were lower by about 16%. TPD cover, for example, for ...

AMP names new group insurer

KARREN VERGARA  |  MONDAY, 22 JAN 2024
AMP has named a new default insurance provider for its superannuation offering to replace Resolution Life. TAL is the new group insurer for AMP Super Fund, which includes its flagship product SignatureSuper. Commenting on the transition, AMP general ...

NGS Super finds new administrator

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... with Mercer and thank them for their professionalism and hard work," she said. Last year, NGS Super launched its Easy Default offering which aims to help members manage savings while hitting retirement income objectives.

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI  |   12:01PM
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI  |   11:30AM
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI  |   12:13PM
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI  |   11:50AM
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
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