Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 191 - 200 of 706 results for "Automatic"

Flaws in Grattan SG research: Report

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
Research published this morning by Jim Stanford from the Australia Institute says increasing the superannuation guarantee to 12% will not stifle future wage growth, and calls out assumptions used in Grattan's research on the subject. Stanford reviewed ...

Cbus enters corporate super

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2019
... member defaulted into Cbus' Growth MySuper option, if they don't choose otherwise, but includes the benefit of automatic tailored insurance dependent on the member's job. Cbus Corporate Super members can choose from three occupation categories ...

Industry fund hikes insurance premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
Insurance premiums will rise by as much as 60% from next week for members of a state-based industry superannuation fund. Insurance premiums paid by WA Super members will increase substantially from November 4 following a review by TAL, with the fund ...

TPD riddled with issues: ASIC

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
... 'activities of daily living' definition, which has a "concerningly high" decline rate. "People that hold this type of automatic cover through superannuation are typically paying the same premium - for what is essentially junk insurance - as people who ...

Saxo partners for new reporting service

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 SEP 2019
Saxo Markets has entered into a new partnership to provide an institutional grade reporting service. The partnership with Sharesight will deliver an integrated recordkeeping service for self-directed investors. Saxo described the initiative as "open ...

Cull flat fees for small pensions: Report

KANIKA SOOD  |  FRIDAY, 9 AUG 2019
... the fee charging structure. UK funds currently follow an annual charge cap of 0.75% for DC schemes which are used for automatic enrolment from April 2015. The charge cap covers all member-borne charges and deductions, but excludes transaction costs. ...

Australian fintech, Deliveroo partner

KRISTI CHENG  |  TUESDAY, 23 JUL 2019
... retirement savings. Deliveroo partnered with Solo & Smart, a mobile app designed for the self-employed in Australia, offering automatic tax savings and money management features. Deliveroo and Solo & Smart are hoping this partnership will help tackle ...

ISA lays out $416bn super saving plan

HARRISON WORLEY  |  THURSDAY, 18 JUL 2019
The peak body for industry superannuation wants to see workers' retirement savings follow them from job to job by automatically rolling over into a single fund. Laying bare its plan to save $416 billion in retirement savings, Industry Super Australia ...

NEOS upgrades super product

KARREN VERGARA  |  THURSDAY, 11 JUL 2019
Enhancements to NEOS Life's superannuation product Super Plan are helping customers apply for cover in a fraction of the time. When applying for the risk-only superannuation product, a customer's identity is validated and automatically matched with ...

ASIC product intervention to commence

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
... in April this year," Chester said. Example case studies of the kind of instance ASIC would intervene in include the automatic rollover of term deposits seen by ADIs in 2009. Institutions were actively and deliberately engaging in dual pricing; advertising ...