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Showing 251 - 260 of 1965 results for "default"

Don't water down YFYS: Grattan Institute

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
... superannuation funds as the concept typically refers to leveraged entities that would cause systemic problems if they were to default. Still, Grattan Institute did concede that the performance test requires improvements, saying there is scope to increase ...

Quantifying the value of a financial adviser

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... over 60% of these assets are managed to a single strategy asset allocation. This means for a member in a single strategy default, no matter their age, current super balance or retirement goal - they are invested the same way as everyone else. Likewise ...

HESTA changes administration fees

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
... a flat $1. However, the percentage-based component is increasing to 0.15%. Currently, the percentage-based fee for the default Balanced Growth option is 0.08% and 0.10% for all other investment options and capped at a $350,000 balance. From next year ...

Mayfair 101 bids for High Court appeal

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2022
... liquidity, interest rate, cyber, related party transactions and currency risks", did nothing to expose the real risk of default, as found by the primary judge." "Again, the analogy that the appellants proposed, that "it is as if the motor car trader ...

Court dismisses Mayfair 101 appeal

JAMIE WILLIAMSON  |  TUESDAY, 11 OCT 2022
... liquidity, interest rate, cyber, related party transactions and currency risks", did nothing to expose the real risk of default, as found by the primary judge." "Again, the analogy that the appellants proposed, that "it is as if the motor car trader ...

First Super: Merger pressure fizzles out

ELIZABETH FRY  |  FRIDAY, 7 OCT 2022
... does not automatically deliver outperformance. Moreover, First Super was among the few to end the year in the black. Its default balanced option returned 1% for the current financial year compared to the median industry return of -3.7%. The fund ranks ...

Aware Super deepens TAL relationship

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2022
... 3, at the same time as several other changes being made to the VicSuper offering. For example, the fund is changing its default MySuper offering from a single growth investment option to a lifecycle product. It will be based around three key life stages ...

AMG Super to rebrand

JAMIE WILLIAMSON  |  MONDAY, 19 SEP 2022
... market-leading wealth management platform for advisers and their clients. As a result, we are moving away from offering a default MySuper product to new members," it said, in a move that was effective August 22. Now, as part of this new focus, AMG Super ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... time have until September 28 to notify their members. They can now not take on any new members and cannot be offered as a default fund for any employers. They must also return any contributions made by new members after today. APRA said it will be engaging ...

Lutheran Super merger imminent

JAMIE WILLIAMSON  |  TUESDAY, 16 AUG 2022
... use of Mercer Funds since 2017. Rainmaker Information data shows that, in the 12 months to June 30, Lutheran Super's default MySuper option returned -1.8%, ranking sixth overall. Over three years it ranks eighth on 5.3% and over five years it's ...