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

Search Results

Showing 201 - 210 of 1965 results for "default"

Qantas Super confirms merger plans

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... management. While it was established in 1999, by 2003 it was already closed to new members, with MTAA Super becoming the default fund for Holden employees. Meantime, Australian Retirement Trust has taken on several corporate funds in recent times, including ...

Advisers boost client portfolios 5.9%

KARREN VERGARA  |  MONDAY, 25 SEP 2023
... example, could see a client's retirement savings amount to $210,947 after 10 years - $21,818 more it was only invested in a default portfolio. "The potential 1.2% in value from an adviser achieved through carefully considered asset allocation can make ...

NGS Super to debut retirement income product

KARREN VERGARA  |  MONDAY, 11 SEP 2023
... chief executive Natalie Previtera told Financial Standard that the $14.2 billion superannuation fund will unveil Easy Default, which aims to help members spend more in the early stages of retirement with confidence, as well as have enough to last throughout ...

Russell adds to sustainable managed portfolios

KARREN VERGARA  |  TUESDAY, 29 AUG 2023
... they can, and this includes how and where they invest," Rogan said at the time. Russell's GoalTracker, the MySuper default option for iQ Super, Nationwide Super and Resource Super members, has posted returns up to 13.5% in the 2023 financial year ...

Multiple moves in Aware investments team

ELIZABETH FRY  |  FRIDAY, 11 AUG 2023
... members." In the most recent performance reporting period, Aware Super delivered a 10.7 per cent return for its flagship default investment option, MySuper Lifecycle option, cementing its place as one of Australia's top-performing super funds. The ...

Industry fund cuts insurance costs

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... insurance premiums for death, terminal illness, TPD, and income protection cover. First Super reduced the weekly cost of its default insurance cover, prompted by fewer than expected claims in previous years. For death and TPD insurance, members engaged ...

Russell Investments reports super returns up to 13.5%

ANDREW MCKEAN  |  FRIDAY, 28 JUL 2023
Russell Investments GoalTracker, the MySuper default option for iQ Super, Nationwide Super and Resource Super members, has posted returns up to 13.5%. The GoalTracker investment option delivered a 13.5% return for members aged 50 and under, attributed ...

Credit Suisse fined $575m by regulators

CASSANDRA BALDINI  |  TUESDAY, 25 JUL 2023
... bearing the charges. In 2021, Credit Suisse incurred losses of around $5.5 billion because of the family office's default. The Fed said Credit Suisse failed to adequately manage the risk posed by Archegos, despite repeated warnings. "The board is ...

Colonial First State chalks up strong super returns

ANDREW MCKEAN  |  THURSDAY, 20 JUL 2023
Colonial First State (CFS) has recorded double-digit returns across several of its default superannuation products for FY23. The CFS FirstChoice Employer Super growth fund (Lifestage 1975-1979) delivered a 12.2% return. The CFS FirstChoice Employer ...

UniSuper rides tech tailwinds to strong returns

JAMIE WILLIAMSON  |  TUESDAY, 18 JUL 2023
... held it back. With more than $120 billion in assets under management, the fund returned 10.3% to members invested in the default Balanced option, or 11.8% for those with a zero-tax pension account. In total, all investment options generated positive ...