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Showing 381 - 390 of 1952 results for "Default"

Future Fund posts negative year, cashes up

KANIKA SOOD  |  WEDNESDAY, 2 SEP 2020
... with its low allocation to equities (35% in total). The Future Fund's FY20 returns are identical to superannuation funds' default options, which also delivered median return of -0.9%, according to Rainmaker. Asset allocation at June end stood at: 6.8% ...

Industry funds triumph July performance

ANNABELLE DICKSON  |  WEDNESDAY, 2 SEP 2020
... term but couldn't keep up in the last 12 months, according to the latest figures from Rainmaker Information. UniSuper's default balanced option ranked first in Rainmaker's top 50 personal default super performance and workplace default performance over ...

New law backs choice of fund

KARREN VERGARA  |  WEDNESDAY, 26 AUG 2020
... memorandum reads. New employees must now be provided with a standard choice form; if they do not choose a fund then the default fund arrangements apply. "An employer does not have to provide existing employees with a form unless requested once a new ...

Hostplus ups income protection premiums by 73%

ELIZABETH MCARTHUR  |  MONDAY, 24 AUG 2020
... fund for hospitality, sport and tourism has increased optional insurance premiums for some members by up to 73.7%. Non-default salary continuance insurance premiums for Hostplus members will increase from 1 October 2020. Salary continuance will also ...

VanEck to launch four new ETFs

ALLY SELBY  |  MONDAY, 24 AUG 2020
... offer an approach that utilises its Morningstar Economic Moat philosophy to identify quality companies and its distance to default measure to determine a company's financial health," VanEck said on its website. "The result is the VanEck Vectors Morningstar ...

Super fees hit record lows: Research

JAMIE WILLIAMSON  |  THURSDAY, 13 AUG 2020
... Grow Super, Prime Super, MLC Super, SmartSave and QSuper. Finally, for those proponents of the Future Fund becoming a default super fund, if it were to happen the study shows it would leave Australians significantly out of pocket. If super funds had ...

Asset managers still bearish, but less so

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
... (34.5%). Ongoing uncertainty, illustrated by record high gold prices, implied volatilities and the popularity of credit default swaps, has seen institutional managers remain bearish, despite equities' run. "The second quarter of this year was extremely ...

SME insolvencies set to increase

ANNABELLE DICKSON  |  WEDNESDAY, 12 AUG 2020
The signs of resilience from small to medium enterprises (SMEs) may be short lived when government support starts to taper off leading to higher numbers of insolvencies, according to CreditorWatch. The number of SMEs defaulting on payments fell by 13.2% ...

ASFA sets out productivity plan

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
... members to establish a six-step plan to improve post-COVID-19 productivity and efficiency. The plan includes; changing default communication medium from paper to electronic, making advice more accessible for members and centralising data reporting. It ...

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... contributes $1 for every $5 in voluntary contributions made by a member (to a maximum of $10,000); implementing a single default superannuation account to avoid account balance erosion; and also urged the government to amend the Electronic Transactions ...