Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 371 - 380 of 1970 results for "Default"

Hume scrutinises super fund spend

KARREN VERGARA  |  MONDAY, 16 NOV 2020
... focus on delivering better performance and minimise unnecessary expenditure," she said. From 1 July 2021, employers cannot default new staff to their chosen super if employees do not nominate a fund or provide any details. Instead, employers will obtain ...

Club Plus announces insurance changes

ELIZABETH MCARTHUR  |  MONDAY, 16 NOV 2020
... ways to deliver the best possible product and service for our members." Club Plus members with insurance will also see default waiting periods for short term income protection extended from 21 days to 30 days. The lump sum insured amount for short term ...

Sunsuper ups TPD premiums

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
... disability insurance from 1 January 2021. This is the first increase for Sunsuper members since 2014. A 35-year-old female with default cover for example, will pay an additional $0.52 per week or $27.04 per year. The largest overall increase for a member ...

AustralianSuper dodges advertising scrutiny

KARREN VERGARA  |  FRIDAY, 6 NOV 2020
The nation's largest superannuation fund is facing heat for not divulging details of its $11 million marketing expense and how effective that has been in acquiring new members. AustralianSuper chief executive Ian Silk faced the Standing Committee ...

Three in a row for NSW? MySuper says so

JAMIE WILLIAMSON  |  WEDNESDAY, 4 NOV 2020
... funds' performance over 10 years backs the experts' thinking - the Blues are set to make it three in a row. In the default MySuper stakes, NSW comes out on top, with funds ranking inside the top 10 on a one, three, five, seven and 10-year basis. ...

Spaceship delivers for millennials

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
... This leaves superannuation open to claims it's a product designed only for old people," the report read. "In 2020, default MySuper products charged on average 0.15% p.a. for administration, 0.8% p.a. for investment management and $78 p.a. for member ...

UniSuper revises fees for TTR members

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
... than $4800," UniSuper said at the time. Rainmaker's August performance tables show UniSuper's balanced retirement default product delivered 8.6% p.a. over a three-year period, beating AustralianSuper's choice income product (8.2% p.a.) and ...

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 ...