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Showing 321 - 330 of 1965 results for "default"

UniSuper's O'Sullivan on what's next

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... with the fund's view on sustainable investing. UniSuper, like many other industry funds has been a beneficiary of default arrangements with employers and of good investment performance. But it now faces challenges from the government's plans ...

MySuper performance soars

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
... best annual financial returns in over three decades, new research shows. The latest data from Rainmaker Information's Default MySuper Index recorded 2020/21 financial year returns of an average of 18%, after all fees and taxes. According to Rainmaker ...

BT Super for Life ups insurance premiums

KANIKA SOOD  |  TUESDAY, 6 JUL 2021
... cover will increase by 13.1% from 1 August 2021." BT Super for Life (1980s lifestage fund) was the third-best performing default personal fund to year ending May, according to Rainmaker. It returned 23.9% over the 12 months, and was the 12 th best performing ...

Catholic Super to drop fees

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
... MyLifeMyMoney Superannuation Fund to Equip, their fees will decrease. According to Rainmaker data, Catholic Super's default lifecycle strategy investment fees currently range from 0.73% per annum on its balanced option to 0.83% per annum for its ...

Virtual company meetings to stay

ANNABELLE DICKSON  |  FRIDAY, 25 JUN 2021
... opportunity to participate in meetings whether the meeting is physical, hybrid or virtual; and ensure show-of-hands is the default method for voting despite the meeting format. In addition, it will allow members who hold at least 5% of voting capital ...

Family offices should supplement super

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... balanced profile is now reflecting an allocation of about 70% risky investments and 30% secure investments. This is the default super option for many industry and retail superannuation funds," Philpot said.

Aware Super eyes IFAs, hires lead

KARREN VERGARA  |  THURSDAY, 17 JUN 2021
Aware Super is targeting the independent financial adviser market, bringing in a former long-serving BT Financial Group staffer who will take charge of advice relationships. Warwick Gribble is Aware's new national manager of advice relationships, responsible ...

Hostplus holds on to MySuper top spot

KANIKA SOOD  |  WEDNESDAY, 9 JUN 2021
... fallen to a sector median of 1.0% while the cash index dropped to 0.0% for same period," Rainmaker said in a report. Among default MySuper single-strategy options, Hostplus came out on the top with 24.4% in the year to April end. Hostplus' returns ...

Cost of group insurance declines

KARREN VERGARA  |  TUESDAY, 8 JUN 2021
... are TAL (37%), AIA (22%) and MetLife (14%). ASIC estimates that 86% of superannuation members with insurance are on the default settings. "Many superannuation members are not even aware that they have insurance through their superannuation, or that they ...

Concern for consumers ahead of YFYS

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
... coverage or the wrong insurance policy if the stapling reforms are passed into law. Under the reforms, workers will have one default fund that follows them from job to job. "Some total and permanent disability (TPD) and life insurance policies are industry ...