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Showing 511 - 520 of 1953 results for "Default"

Super Consumers Australia launches, slams MySuper products

KRISTI CHENG  |  WEDNESDAY, 25 SEP 2019
... "These superannuation laggards continue to attract tens of thousands of new members each year through a badly designed default system," said Super Consumers Australia acting director Xavier O'Halloran. He said the superannuation system is an "unlucky ...

Businesses warned to avoid dud funds

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
... showed 76% of those who participated consider fees to be the most important factor, after performance, when selecting a default super offering. "Taking the time to choose the right fund matters because there is such variation between the best and worst ...

Senate secures members' interest changes

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
... be able to implement the requirements because it relies on members supplying detailed occupation information to retain default insurance. "This is not realistic and to work in practice funds will need to utilise a range of information to establish if ...

Colchester launches new fund

ELIZA BAVIN  |  THURSDAY, 19 SEP 2019
... MacPherson, said: "Relative to credit and hedge funds it can offer a liquid and simple alternative that may also have lower default risk; after all local currency emerging markets, as governments, can tax and print money which corporates cannot." Colchester ...

Lifecycle strategies now mainstream: Research

KANIKA SOOD  |  WEDNESDAY, 18 SEP 2019
... said. Australia now has $2.9 trillion in total superannuation assets, as at June end. Of this, $756 billion is held in default products. Retail funds have a 16% share of MySuper's total assets, with the majority in not for profit funds. "[Total superannuation ...

Industry fund adds to investment team

KANIKA SOOD  |  MONDAY, 9 SEP 2019
... will build its ESG capabilities in the main fund. "Like most other funds, the vast majority of our members are in the default option but we are encouraged that a significant portion of our members who choose their investment options have been choosing ...

Beware dodgy auditors, sudden CFO moves: Plato

ELIZABETH MCARTHUR  |  THURSDAY, 5 SEP 2019
... that will underperform. "Win by not losing. If you can avoid the underperforming stocks... then you're almost winning by default," he added. Plato is reluctant to reveal too many of its red flags, although they generate a lot of interest. "We're cautious ...

Life insurance leaders fear for industry

ELIZABETH MCARTHUR  |  FRIDAY, 30 AUG 2019
... Super changes mean those same consumers who won't be able to afford advice in the new climate also won't have default insurance cover. Touching on the potential removal of life risk commissions, Brooks said research shows commissions have their ...

Manager vacancy at $50m fund

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
A $50 million fund set up by the South Australian government has started the search for a new investment manager to replace a Blue Sky subsidiary. The SA Venture Capital Fund (SAVCF) appointed Blue Sky Venture Capital in 2017 as its manager. It is now ...

ASIC clamps down on poor advice, grandfathered commissions

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2019
... Productivity Commission inquiry into superannuation. This includes the proposed conduct accountability regime, single default account, advice fee deductions from superannuation accounts and anti-hawking prohibitions.