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Showing 261 - 270 of 1952 results for "Default"

You can't have it all: Retirement income strategies

JAMIE WILLIAMSON  |  THURSDAY, 16 JUN 2022
... led the panel moderator, AIST senior policy manager David Haynes, to ask whether that means there is a place for a 'soft default' product under the reforms. Brinsmead believes there is, given the number of retirees that don't want to be too involved. ...

ASFA, Deloitte recommend group insurance changes

ANDREW MCKEAN  |  FRIDAY, 3 JUN 2022
... around $1.2 trillion, equivalent to 34% of the total sum insured across life, TPD, and IP," the report said. Although default insurance can generate benefits in aggregate terms, current approaches were signalled as being too broad. By using richer data ...

A mixed year for super: KPMG

ANDREW MCKEAN  |  MONDAY, 30 MAY 2022
... ramp up efforts to meet their current and future member needs, the report said. Moreover, inflows are no longer driven by default arrangements and retaining scale will be about the attraction and retention of members, the report added. Further to demographic ...

Liberals should liberate Australians from super: Bragg

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... superannuation as wages during certain periods. He also again promoted giving all Australians access to the Future Fund as a default option as well as ensuring laws stop superannuation waste like uncommercial payments to unions. Unlike the Labor party ...

75% of Aussies don't understand group cover: MLC Life

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... cover may be at risk. "This poses a potential risk for individuals who change jobs, in particular, those not covered by default (under 25s and those with low balances) and people who are stapled to a fund but move into a role that's riskier to their ...

Mayfair sues Mission Beach lender

ELIZABETH MCARTHUR  |  THURSDAY, 14 APR 2022
... administer the discharge of their loan which was secured by mortgages over 109 individually titled properties in the region. Default interest has been compounding monthly at the rate of 40.2% per annum, with Napla claiming on 30 November 2021 it was ...

End choice dashboard delay: AIST

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 APR 2022
... target returns and fees across the thousands of choice super products in the market. Scheerlinck added trustees of MySuper default funds had been required to provide dashboards since 2013 but, due to continued deferrals by the government, funds with ...

SEC rules against Amazon pension case

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
... utilities and $48 million invested in deforestation-risk agribusiness." Amazon uses Vanguard Target Date funds as the default retirement options, which As You Sow research found invests in funds holding companies flagged as major greenhouse gas emitters ...

Colonial First State settles super class action for $56.3m

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
... on unnecessary fees and products, and Colonial had a legal obligation over and above a basic moral obligation to move default member balances into MySuper at the time that best met their members' needs, not their own."

Super should help secure home loans: Inquiry

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
The inquiry into housing affordability and supply in Australia has recommended first home buyers be able to use their superannuation as collateral for a home. The House of Representatives Standing Committee on Tax and Revenue tabled its report following ...