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

Search Results

Showing 11 - 20 of 20 results for "Event Notice"

Hostplus ups income protection premiums by 73%

ELIZABETH MCARTHUR  |  MONDAY, 24 AUG 2020
... salary continuance premium rates for a two year benefit period will increase by 22.3%. Hostplus said in a significant event notice to members that the changes to premiums were necessary because the Putting Members Interests First and Protecting Your ...

Switching prompts fund to alter allocations

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
... than usual number of members making requests to switch their investment options," the fund said in a Significant Event Notice to members. "This has meant the balance of some of our asset classes have changed relative to others. Widening the asset allocation ...

Fund pulls mandate, alters pandemic definition

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAY 2020
... environmental and social issues, while avoiding investments that have a negative impact," QSuper said in a Significant Event Notice to members. By transitioning management of the option in-house, the $97 billion fund said it expects to be able to reduce ...

Industry fund ups fees ahead of merger

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... fund has increased its insurance fees ahead of merging later this year. MTAA Super wrote to members in a significant event notice to let them know that from 3 February 2020 insurance fees for death and total and permanent disablement will increase. MetLife ...

Faith-based super fund increases fees

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... only regulatory changes but Sharia law compliance. The cost of Sharia law compliance was addressed in a significant event notice to members, notifying them of the admin fee increase. Crescent Wealth invests according to Sharia law, which amounts to a ...

Industry fund hikes insurance premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
... member. The amount of cover in both instances has remained the same, despite the increased premiums. A significant event notice on WA Super's site states: "Over the last two years there has been a significant increase in the number of members claiming ...

Industry funds up premiums

KARREN VERGARA  |  FRIDAY, 28 JUN 2019
... premiums, representing increases of about 9.2% for death, 25.2% for TPD and 34.9% for income protection. The significant event notice statement shows that on a weekly basis, the following charges will apply for death cover depending on members' occupational ...

Super trustees on notice over fund disclosure

DARREN SNYDER  |  WEDNESDAY, 5 JUL 2017
Fifteen per cent of superannuation trustees needed improvement in the disclosure of information on super fund websites according to Australia's corporate regulator. ASIC recently wrote to 21 superannuation trustees who failed to meet "Transparency Information" ...

ASIC calls time on super disclosure exemption

ALEX BURKE  |  FRIDAY, 20 JAN 2017
... employees, are not required to publish governing rules, recent actuarial reports and "summaries of each significant event notice made to RSE members in the previous two years." ASIC said this will change in July, when trustees will need to make all relevant ...

S&P downgrades CDOs after automotive default

... CDOs covering about 200 CDO transactions. The Hong Kong CDOs were downgraded as a result of the issuance of a credit event notice for Dana Corp, a leading US automotive parts and equipment supplier who last month defaulted on loans. S&P managing director ...
PAGE:
2