Search Results | Showing 211 - 220 of 1952 results for "Default" |
| | | ... escalated the matter to ASIC and APRA. Another troubling discovery pertained to the inappropriate lapse of members' default insurance. AFCA said a trustee didn't adequately inform members of their right to retain their default insurance cover ... |
| | | | A Western Asset product specialist says rising credit default swap (CDS) spreads have sparked concerns. However, he downplayed the risk of a US default, calling it a "very low probability event". Robert Abad recalled the sole instance of a "technical" ... |
| | | | ... first step." QMV Legal managing partner Jonathan Steffanoni noted that the "Protecting Your Super" reforms introduced a default account stapling law in November 2021. This law is likely to reduce unintentional duplicate accounts in the future, he said. ... |
| | | | ... cost of its various investment options will change, with the bulk seeing a reduction. On the MySuper front, ART's default Balanced option currently costs $410 per $50,000 invested. From July, this will drop to $400. Fees on its Growth, Balanced ... |
| | | | ... paid by some members will change, with HESTA saying it believes over 50% of those with standard cover - to be termed 'default cover - will see a reduction. This is because the way in which the fees are charged will change. From July, the fees paid by ... |
| | | | ... the YourSuper comparison tool, adding that she is disappointed the government had not acted on stakeholder feedback that default sorting of products by fees in the comparison tool could unintentionally increase the ranking of poorly performing products ... |
| | | | ... simple and trusted information, while putting downward pressure on fees. However, one issue raised by stakeholders is the default sorting of products based on fees, which can unintentionally increase the ranking of products with relatively poor investment ... |
| | | | ... fifth place on 6.7%, followed closely by its merger partner Hostplus on 6.6%. Three-year benchmark indices for MySuper Default Option Index returned 5.3%, Rainmaker Growth Index returned 5.8% while Rainmaker Balanced Index returned 4.3% and the Rainmaker ... |
| | | | ... using the ADL definition, ASIC said. ASIC also flagged that trustees were not adequately monitoring member value from default insurance, with wide variation in the design and pricing of default insurance. Some members were paying over 12 times for cover ... |
| | | | ... one of the best defenses against people coming back to it, and an argument for early access is having a comprehensive default insurance policy." Rees said a legislated purpose for super will provide clarity around its intent and key principles, which ... |
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