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Showing 421 - 430 of 1965 results for "default"

AustralianSuper gives Rio Tinto slap on the wrist

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
... member direct options. The majority, 79% or $715 million, of that holding comes from member money in AustralianSuper's default MySuper investment option. The mining giant is the fund's 10th largest Australian equities holding. "We've had ...

Super consolidation to slash 60% of funds

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... costs and performance, the impending implementation of the Financial Accountability Regime and ongoing discussions about default arrangements and enhanced prudential oversight. "Other issues include demographic shifts and changing customer preferences ...

Senator criticises lazy super system

JAMIE WILLIAMSON  |  FRIDAY, 5 JUN 2020
... "The problem with best-in-show is that it's a little bit complicated to explain. It was one solution to changing the default mechanism, but I think that there are other ways and other things we should consider when we look at changing default too," ...

MySuper goes back-to-back in the black

HARRISON WORLEY  |  THURSDAY, 4 JUN 2020
... return. "These results mean that despite the impact of the CFC on the real economy, its impact on returns of diversified default super funds is relatively subdued," Rainmaker said. "The MySuper index has fallen back only to where it was 12 months ago." ...

Details of Mayfair's default revealed

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
... revealed a timeline of trouble for embattled Mayfair. Vasco says Mayfair 101 Holdings owes $76,965,000 excluding interest and default interest. Mayfair 101 managing director James Mawhinney asked the trustee of the IPO Wealth Fund to tap into capital ...

Super escapes COVID-19 hit

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
... sent into meltdown in response to the pandemic. This however compares to an 11% fall in the SelectingSuper MySuper and Default performance index over the same period. Barely inches from touching the $3 trillion mark in December, the super system is now ...

The future is fast arriving: BlackRock

ALLY SELBY  |  WEDNESDAY, 27 MAY 2020
... years, it said. Return expectations have also been severely shifted during the coronavirus crisis, with corporate earnings, default rates and medium-term inflation expectations all pointing to a more bearish outlook. "The global equity market sell-off ...

Ignorance isn't bliss in super: Research

ALLY SELBY  |  MONDAY, 25 MAY 2020
... did not know how their retirement savings were invested within their super, leaving their nest eggs within a fund's default option. Russell Investments also found that only one in five of those surveyed pointed to asset allocation as a key determinant ...

Sentiment weakens as macro threats loom

ALLY SELBY  |  THURSDAY, 21 MAY 2020
With investors caught in a nasty tug of war between the dire economic reality and the hope of a virus cure, industry leaders have warned of the potential for further downside. And with macro threats looming, markets, already fragile from a period of ...

Fund pulls mandate, alters pandemic definition

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAY 2020
... COVID-19. The changes mean from 11 March 2020 QSuper's pandemic illness exclusion will no longer apply to members with default cover as a result of working with the Queensland Government or a default employer who have applied within the first 120 days ...