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Showing 361 - 370 of 1953 results for "Default"

Northern Trust scores win in Vanguard reversal

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
... Bert Rebelo. Other funds that the manager change applies to are the ANZ Wholesale International Credit Fund and the ANZ Default KiwiSaver Scheme Conservative Fund.

ASFA proposes MySuper test

KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
... Association of Superannuation Funds of Australia is suggesting an alternative one-off test to weed out underperforming default funds in place of the government's recent proposals. ASFA's Lifting the Bar proposal will examine MySuper products and use ...

Russell launches new super product

ELIZABETH MCARTHUR  |  TUESDAY, 27 OCT 2020
... personalised superannuation product to launch in Australia. It will be offered at the same price as Russell's MySuper default. Russell Investments managing director, Australia Jodie Hampshire said GoalTracker offers the kind of personalisation people ...

AMP awards mandate to BlackRock

KARREN VERGARA  |  TUESDAY, 20 OCT 2020
... NZWM's move to a predominantly index-based strategy, including for clients in its NZ$6.2 billion KiwiSaver Scheme, the default pension for more than 200,000 members. AMP is one of the nine default providers to the scheme, appointed by the New Zealand ...

Industry fund hikes income protection premiums

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
Ahead of its proposed merger with Cbus, Media Super has announced an increase in insurance premiums for default and non-default income protection. The premiums will increase from 1 December 2020 and will apply to members who receive automatic default ...

Through good and bad: Advisers add value

JAMIE WILLIAMSON  |  THURSDAY, 15 OCT 2020
... surveyed over 3000 non-advised super members and found 67% didn't know how their funds were invested or relied on the default option, investing with an asset allocation of little to no relevance to their personal circumstances. "Advisers provide important ...

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... ABC, surprising many in the industry. But, Hume insisted reform was necessary - especially to enhance the performance of default MySuper products. "There are over 90 MySuper products, which are supposed to be the most basic that people get defaulted ...

Super reforms modest negative for AMP, IOOF: Credit Suisse

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... "IFL and AMP both operate in the corporate super segment, a large part of which is MySuper. We expect funds who act as default funds for young employees will have a more competitive position to weather these reforms, but we do not believe AMP and IFL ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... have a number of concerns. There is the danger of people being mis-sold or stapled to an underperforming fund outside the default system. It is also a concern that there may be individuals who find themselves uninsurable because they are stapled to a ...

Vision Super appoints deputy chief executive

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... paying less in fees, at the same time as improving results," Vision Super chief executive Stephen Rowe said. "Our MySuper default balanced growth option is top three over the last financial year, and top ten over all periods up to ten years. Most of ...