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Showing 21 - 30 of 42 results for %22Significant Event Notice%22

Hostplus ups income protection premiums by 73%

ELIZABETH MCARTHUR  |  MONDAY, 24 AUG 2020
... salary continuance premium rates for a two year benefit period will increase by 22.3%. Hostplus said in a significant event notice to members that the changes to premiums were necessary because the Putting Members Interests First and Protecting Your ...

12 charged in $17m fraud

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
... developing private sector partnerships was instrumental in the success of this, with the ANZ Bank and Westpac providing significant assistance to this investigation," the statement said. "The ATO is undertaking action to target the outstanding tax obligations ...

Details of Mayfair's default revealed

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
... shares in Accloud but only had a $5 million debt investment with them so it was unclear as to why this would provide a significant liquidity event of the fund. It took more than a week for Mawhinney to respond to these questions about Accloud. But his ...

Switching prompts fund to alter allocations

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
... than usual number of members making requests to switch their investment options," the fund said in a Significant Event Notice to members. "This has meant the balance of some of our asset classes have changed relative to others. Widening the asset allocation ...

Fund pulls mandate, alters pandemic definition

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAY 2020
... environmental and social issues, while avoiding investments that have a negative impact," QSuper said in a Significant Event Notice to members. By transitioning management of the option in-house, the $97 billion fund said it expects to be able to reduce ...

Behavioural tools to limit losses, fear

ALLY SELBY  |  THURSDAY, 14 MAY 2020
Market volatility is unavoidable, especially after a significant crash, but focusing on practical techniques to limit behavioural risk can help financial advisers limit the fear, anxiety and grief that they and their clients may be feeling. Behavioural ...

Industry fund ups fees ahead of merger

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... fund has increased its insurance fees ahead of merging later this year. MTAA Super wrote to members in a significant event notice to let them know that from 3 February 2020 insurance fees for death and total and permanent disablement will increase. MetLife ...

Faith-based super fund increases fees

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... only regulatory changes but Sharia law compliance. The cost of Sharia law compliance was addressed in a significant event notice to members, notifying them of the admin fee increase. Crescent Wealth invests according to Sharia law, which amounts to a ...

China still positive despite unrest

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... come. If you ask Australian companies, it's a lot. In November, China's largest company Alibaba held its annual Singles Day event. Much like Black Friday or Boxing Day, discounts are offered site wide, while consumers are encouraged to celebrate being ...

Industry fund hikes insurance premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
... member. The amount of cover in both instances has remained the same, despite the increased premiums. A significant event notice on WA Super's site states: "Over the last two years there has been a significant increase in the number of members claiming ...