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Showing 11 - 20 of 56 results for "Opt-in"

SEC rules against Amazon pension case

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
The US Securities and Exchange Commission ruled against Amazon's no-action motion to exclude a shareholder resolution asking the company to prepare a report on how employee retirement savings are invested. The shareholder resolution, brought by activist ...

UniSuper revises fees for TTR members

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
The $83 billion superannuation fund has updated its fees for transition-to-retirement members invested in several options. UniSuper has increased fees between 0.01% and 0.04% for some options after calculating actual costs incurred in FY19 and estimates ...

ASIC urges insurance flexibility

ELIZA BAVIN  |  TUESDAY, 28 APR 2020
... added that insurers are also expected to consider whether outcomes will be fair for consumers if they have to actively 'opt in' or make a request in order to receive any benefit insurers offer in response to COVID-19. "Consumers who are struggling to ...

PYSP puts SMSFs at risk

HARRISON WORLEY  |  THURSDAY, 6 JUN 2019
... wishing to maintain their life insurance cover do so now by giving direction to their APRA-regulated fund that they wish to opt in." The association also recommends SMSF members actively opt-in even if they planned to make a contribution or rollover ...

Superannuation bills on hold

KARREN VERGARA  |  MONDAY, 15 APR 2019
... Parliament after the Federal Election, slated for May 18. From 1 October 2019, members affected would have been able to opt in to default insurance by nominating to do so. The proposed legislation was originally part of the Protecting Your Superannuation ...

Group insurance reforms to be tabled

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
... will not prevent anyone who wants insurance in superannuation from being able to obtain it - members will still be able to opt in." It's estimated about 10% of the individuals currently holding duplicate life cover in super are under 25 years of age. ...

Comyn promises personal accountability

KARREN VERGARA  |  TUESDAY, 20 NOV 2018
... "poor decisions." This included: not removing conflicted remuneration earlier; not requiring customers prior to FoFA to opt in for ongoing fee for service; and banks not transitioning away from commission-based structures. "Whilst we removed conflicted ...

Productivity Commission counters group insurance research

KARREN VERGARA  |  MONDAY, 29 OCT 2018
... the Commission highlighted six major recommendations to: Make life insurance for young members aged under 25 years old opt in only; Cease insurance on accounts without contributions for 13 months unless members expressly choose otherwise; Require funds ...

Best in show should not dampen competition: Bowen

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... of capping fees for low value accounts. He added the party was "also" sympathetic to the intention of making insurance "opt in" for the key cohorts of members vulnerable to their balances being run down by insurance that in many instances they didn't ...

Raiz close to super product launch

KARREN VERGARA  |  TUESDAY, 10 JUL 2018
... Master Plan. Raiz customers, via their smartphones, can join Raiz Invest Super. They can also consolidate multiple funds, opt in or out of life insurance, and make voluntary contributions. The product helps address some of the key issues identified in ...