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Showing 531 - 540 of 1953 results for "Default"

Super fund invests through RateSetter

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
... their sector and would encourage more super funds to consider impactful investing." According to RateSetter, its loan default rate is currently 1.6%. The platform has a provision fund which offers assurance to investors that when loans default investors ...

Super funds hard to engage with: Research

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUL 2019
... making a conscious decision to stay with their current super fund instead of passively accepting their new employer's default option." He puts this shift in part down to the Royal Commission raising consciousness around super and marketing efforts by ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... the Asian currency crisis - followed by the collapse of hedge fund Long-Term Capital Management (LTCM) and Russian debt default in the late 1990s when it dropped from more than US$0.80 to below US$0.60. It deflected the fallout from the 2001 US recession ...

Putting Members' Interests First Bill reintroduced

KARREN VERGARA  |  FRIDAY, 5 JUL 2019
... those with balances below $6000 unless a member has directed the super fund to do so otherwise. "This will better target default insurance cover and prevent inappropriate erosion of retirement savings caused by insurance premiums," the explanatory memorandum ...

Hostplus enters merger talks

KANIKA SOOD  |  TUESDAY, 2 JUL 2019
... allied sectors, would better serve our members and stakeholders both here in Queensland and nationally." Club Super's default option has returned 8.1% p.a. over three years to March 2019, which is slightly lower than the MySuper average of 8.4% ...

QSuper lowers balanced fund fees

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
Members invested in QSuper's default balanced option will benefit from lower investment fees. In addition to the group insurance policy changes the $72 billion super fund introduced on July 1, investment fee changes have been rolled out. Investment ...

Industry funds consider $22bn merger

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
... hand to be ready for today. We can't wait to welcome Tasplan members to the MetLife family." The mandate includes default death and TPD cover to all eligible members, with opt-in income protection cover for Basic members and as default for Basic ...

Sunsuper slashes fees

KARREN VERGARA  |  FRIDAY, 28 JUN 2019
... Sunsuper is slashing weekly fees for pension members from $3.00 to $1.50. It will also reduce investment fees for its default investment option from 0.80% to 0.73%. For the fund's 1.3 million Super-savings members, investment fees in the default ...

MySuper eyes SMSF stronghold

KARREN VERGARA  |  THURSDAY, 27 JUN 2019
... outperformed the single strategies. In terms of retail versus not-for-profit MySuper products, NFP continues to dominate the default sector with an 83% market share - a position that remains unchanged since March 2017. NFPs surpassed retail's performance ...

ASIC product intervention to commence

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
... deposit terms received the higher rates and would be advertised would also change regularly. Automatic rollovers on a default basis meant some consumers were inadvertently rolled over into low interest rate term deposits, believing they were receiving ...