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Showing 11 - 20 of 1965 results for "default"

FSC links active super choices to stronger retirement outcomes

VINNY VUCAGO  |  FRIDAY, 26 JUN 2026
... lower-fee or higher-growth superannuation option, can substantially increase retirement savings compared to remaining in a default MySuper product. Among the findings, an individual who switches to a lower-fee investment option from age 30 could retire ...

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... trillion at the end of the period. MySuper first hit the $1 trillion milestone in March 2024 and has grown the nest egg of default members by 16% since then. Choice products had $1.23 trillion two years ago and have grown 21% over that time. There are ...

ASIC puts private credit on notice ahead of EOFY

RIDDHIMA TALWANI  |  THURSDAY, 18 JUN 2026
ASIC has put Australia's private credit sector on notice, calling on funds to ensure their June 30 asset valuations are current, accurate and grounded in realistic assumptions. The regulator expects all participants including boards, auditors, responsible ...

Lack of awareness impacts retirement satisfaction: TAL

MATTHEW WAI  |  THURSDAY, 11 JUN 2026
... confidence and can reduce Age Pension reliance. "Without certainty about future income, even retirees with adequate savings may default to conservative spending. Product design can help - giving people confidence to enjoy their retirement while knowing ...

ASIC to take 'balanced' stance on super advertising ban rules

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
... extend to general public advertising. Exceptions also apply to MySuper products that meet legislative criteria, employer default funds, and an employee's stapled fund. The "MySuper product exception" will allow a person to advertise a MySuper product ...

Dexus executives step down over leaked airport data case

RIDDHIMA TALWANI  |  TUESDAY, 9 JUN 2026
... APAC's sensitive financial data to prospective buyers via an unmonitored Virtual Data Room. In 2025 APAC gave Dexus a default notice, asserting a "material irremediable breach" of the shareholders' deed, asserting all members of the Dexus Bloc are no ...

Feature: Private credit | The fine print

RIDDHIMA TALWANI  |  FRIDAY, 22 MAY 2026
JPMorgan Chase chief executive Jamie Dimon grabbed headlines last year when speaking at one of the banking giant's quarterly earnings calls. "When you see one cockroach," he told analysts, "there are probably more." The cockroach Dimon was referring ...

Hostplus, AIA lose $1.4m TPD dispute

ELIZA BAVIN  |  THURSDAY, 21 MAY 2026
... AIA was still required to pay the additional TPD benefit despite the complainant not disclosing he had diabetes. "The default amount for TPD was paid by the insurer with an amount for interest. Whilst the insurer paid interest on the default TPD benefit ...

Buyer beware: Private credit as a defensive play

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
Financial advisers grapple finding a meaningful place for private credit in portfolios as investment experts urge them to carefully consider the risks of making it part of the defensive allocation. The Stockbrokers and Investment Advisers Association ...

Super funds get ahead of proposed minimum service standards: KPMG

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
... administration fees charged on a $50,000 balance remained stable at 0.26%. Industry funds continue to charge the lowest amount for default products at 0.23% while retail funds charge more at 0.35%.