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Showing 401 - 410 of 1965 results for "default"

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 ...

MySuper returns negative

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
Default MySuper products delivered negative returns in the 2019/2020 financial year, but the results weren't as bad as they could have been. According to the Rainmaker MySuper investment performance index, MySuper products delivered an average return ...

Super funds slapped over smoker premiums

ALLY SELBY  |  FRIDAY, 7 AUG 2020
... 2017 to 2020, ASIC engaged with seven superannuation businesses that were classifying new members as 'smokers' by default, hitting them with higher life insurance premiums in the process unless the member took active steps to opt out of this ...

Another merger at First State Super

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... Aware Super, in September) will be the second largest superannuation fund after AustralianSuper. WA Super, which is the default fund for local government employees in Western Australia, previously tried and abandoned a merger with Statewide Super and ...

UK pension fund to go net zero

JAMIE WILLIAMSON  |  THURSDAY, 30 JUL 2020
... saying this suggests pension schemes have a responsibility to put the issue of tackling climate change at the heart of default strategies instead of expecting consumers to make the change and select ethical or green fund themselves. It also found 79% ...

Calls for broad default life insurance system

ELIZA BAVIN  |  MONDAY, 27 JUL 2020
There have been renewed calls from the country's major life insurers and adviser groups for a reset of the life insurance sector to allow for greater access. The Choice and Assess to Life Insurance (CALI) campaign, includes members from AIA, MLC ...

What to expect from the Retirement Income Review

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
... restricting the number of superannuation funds to just 10 ("best in show", productivity commission), Future Fund managing default retirement savings, separating superannuation from workplace agreements and the place of self-managed superannuation funds. ...

NULIS calls for clearer regulatory definitions

ELIZA BAVIN  |  FRIDAY, 24 JUL 2020
... (which provides access to a smaller range of investment products offered by related parties)." NULIS said it does not default members into either option, and that each member must apply for the option that suits their needs, supported by their financial ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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