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Showing 521 - 530 of 1965 results for "default"

Undisclosed additional lending must stop

KRISTI CHENG  |  THURSDAY, 26 SEP 2019
... existence of that debt, or that charge. Instead, they are holding those securities in escrow, so that in the event of a default of the borrower, those securities come out of escrow and become they seek to then register them. However, if they register ...

MySuper not the only problem: AIST

HARRISON WORLEY  |  THURSDAY, 26 SEP 2019
... accounts were created for MySuper products in the bottom quartile for performance, pointing the finger at a "badly designed default system" and labelling super an "unlucky lottery". But Scheerlinck hit back, reminding SCA that underperformance across ...

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 ...