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Showing 341 - 350 of 1965 results for "default"

Rainmaker reveals 2021 AAA super products

JAMIE WILLIAMSON  |  TUESDAY, 23 MAR 2021
... 2000 fee options and 15,000 group insurance choices. The ratings also now consider risk-adjusted performance in the main default investment choices. This year saw 149 products from not-for-profit funds and 49 from retail funds make the cut. Last year ...

Admin fees could balloon from BFID

KARREN VERGARA  |  TUESDAY, 16 MAR 2021
... have confirmed that dividend payments are not included in the best financial interests test and are deemed to pass by default. "There is also the capacity for profit-making vehicles to leverage their corporate structures to the advantage of growing their ...

APRA calls out poor group insurance practices

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
... trustees taking these concerns seriously or else action will be taken. Rowell expects trustees to have appropriately designed default insurance that balances costs and the needs of members, and to give insurers enough time to prepare for tenders. "APRA's ...

Aware Super eyes another merger

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
... superannuation, strong values and cultural alignment, as well as a similar member demographic," the funds said. VISSF is the default superannuation fund for employees of independent schools in Victoria and 75% of its members are female. Similarly, more ...

Industry fund ups life insurance premiums

JAMIE WILLIAMSON  |  MONDAY, 1 MAR 2021
... 2019, and premiums for income protection are not changing, the fund noted. Members aged between 35 and 64 years old with default cover will see their premium go up 33.6%, from $3.78 to $5.05 per week. All other age cohorts will see premium increases ...

Aware Super rejigs MySuper option

KANIKA SOOD  |  FRIDAY, 26 FEB 2021
... Super's accumulation members are in the MySuper lifecycle option. It was one of the first superannuation funds to move its default superannuation product product from single strategy (which uses same asset allocation for members of all age) to lifecycle ...

Cbus appoints three investment heads

KANIKA SOOD  |  FRIDAY, 12 FEB 2021
... best-performing MySuper option as at November end, with 4.2% p.a. returns. It was outstripped by Australian Ethical Super's default fund (6.1%p.a.), Vision Super (4.8%p.a.), BUSSQ (4.6%p.a.), UniSuper (4.4%p.a.).

Lifecycle products cost members: Research

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
... don't improve, there's real risk that pressure could grow for the regulator to prohibit them from being offered as default MySuper products."

Hostplus called out on climate change

ELIZABETH MCARTHUR  |  FRIDAY, 22 JAN 2021
... regulators, it needs to listen to its members," Market Forces asset management campaigner Will van de Pol said. "As the default super fund for the hospitality, tourism and sports industries, Hostplus' members want to see their fund investing in a ...

Group insurance using shoddy data: Rice Warner

KARREN VERGARA  |  TUESDAY, 19 JAN 2021
... insurance provider. There are about 10 million superannuation accounts that hold insurance, of which 86% are set on a default basis, according to ASIC. Members paid an estimated $4.1 billion in insurance premiums in the 2020 financial year alone. With ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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