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Showing 521 - 530 of 1953 results for "Default"

Kogan Super launches

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2019
... enhanced indexed conservative growth, indexed Australian listed property and indexed diversified shares. It also provides default death and TPD insurance for eligible customers. A member invested in the enhanced indexed growth option with a balance of ...

CFS trims corporate super distribution team

KANIKA SOOD  |  MONDAY, 12 AUG 2019
... "FirstChoice Employer Super continues to be an important superannuation offer for over 280,000 members and is the chosen default super fund for more than 6,000 employers," a CFS spokesperson said. "Member preferences for accessing our products and services ...

Former adviser cops 20-year prison sentence

JAMIE WILLIAMSON  |  FRIDAY, 2 AUG 2019
... investors and her own personal expenses. When the loan defaulted in February 2016, Bennett claimed to be unaware of the default as she had been in China for the preceding eight months. However, investigators found no record of international travel at ...

More jobs more problems: FSC

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
... multiple superannuation accounts. The Financial Services Council (FSC) said the data should be strong motivation to fix the default superannuation system. With more people working multiple jobs they are likely to have multiple default super accounts ...

ASIC warns trustees on employer inducements

KARREN VERGARA  |  THURSDAY, 1 AUG 2019
... trustees that influencing employers via improper incentives in the form of goods and services when selecting or retaining a default super fund provider is illegal. Section 68A the Superannuation Industry (Supervision) Act 1993 was recently amended to ...

Super body opposes member interests bill

HARRISON WORLEY  |  MONDAY, 22 JUL 2019
... members being disadvantaged by the changes. "This risk is not warranted particularly in light of the significant changes to default insurance and inactive accounts through the Treasury Laws Amendment (Protecting Your Super Package) Act 2019 which took ...

Advice associations weigh in on member interests bill

HARRISON WORLEY  |  FRIDAY, 19 JUL 2019
... superannuation members were protected from unforeseen circumstances. "Particularly in occupations where auto-acceptance default group cover may be the only form of insurance which is available to an individual," Marshan said, echoing the thoughts of ...

Industry bodies react to APRA review

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... and long-lasting impact on Australians' retirement outcomes. "A lack of comparable performance data, notably for non-default 'choice' super products where more than $1 trillion of super savings is invested, has been the Achilles heel of our ...

NFP funds dominate group insurance market

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... lions' share of the group insurance market, new research reveals corporate fund members are more likely to take-up default insurance. After examining insurance options available via 220 products, Rainmaker's latest Benchmarking report reveals ...

ISA lays out $416bn super saving plan

HARRISON WORLEY  |  THURSDAY, 18 JUL 2019
... research acts on recommendation 3.5 of the Royal Commission's final report, which suggested Australians should retain one default super account, and the development of machinery to staple a person to a single default account. However, KPMG's report Stapling ...