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Showing 391 - 400 of 1970 results for "Default"

Portfolio insurance provides strong protection: Research

ELIZA BAVIN  |  THURSDAY, 17 SEP 2020
... income from their retirement savings." The portfolio insurance strategies aimed to address some deficiency in the current default superannuation fund options that most people invest in. Xu said few could be immune to the market turmoil that occurred ...

Super fund overhauls performance on red rating

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
... benefitted members to the tune of $21 million per annum as at 30 June 2020. In December last year, four of Mine Super's default lifecycle products were criticised for their unsatisfactory investment performance and relatively high fees based on APRA's ...

Australian Ethical rejigs insurance

ANNABELLE DICKSON  |  TUESDAY, 15 SEP 2020
... insurance offering. The ethical super fund has issued a significant event notice to its members outlining the changes to default death and total permanent disability (TPD) cover and fixed cover which includes death, TPD and income protection. The default ...

ISPT writes down assets

JAMIE WILLIAMSON  |  THURSDAY, 10 SEP 2020
Industry Super Property Trust has spoken of the substantial devaluations a recent review of its holdings resulted in, as it processes about 1400 requests for rental relief. Appearing before the House of Representatives Standing Committee on Economics ...

MySuper products show resilience

KARREN VERGARA  |  WEDNESDAY, 9 SEP 2020
... analysis shows. Last month generated a positive performance of about 1.7% for superannuation fund members invested in the default option, according to the research firm's MySuper single strategy index. The index comprises 20 not-for-profit MySuper ...

Vanguard fund drops "cash plus" name

KANIKA SOOD  |  THURSDAY, 3 SEP 2020
... a June, 2018 review. APRA at the time clarified asset-backed and mortgage-backed securities, commercial bonds, credit default swaps and hybrid debt instruments couldn't be passed off as cash. In managed funds land, ratings house Zenith last May stopped ...

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
... Australian economy withstood the US savings and loan crisis of the early 1990's, the Asian currency crisis/Russian debt default/Long-Term Capital Management (LTCM) collapse in 1997/98, the September 11 terrorists attacks on the US and the subsequent ...

SMSF member increase bill reintroduced

ANNABELLE DICKSON  |  THURSDAY, 3 SEP 2020
... people, working in part-time jobs under the umbrella of an enterprise agreement, being forced to have their SG paid into a default fund and not their SMSF. This was clearly inequitable," Maroney said.

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 ...