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Showing 551 - 560 of 1970 results for "Default"

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 ...

Asset manager eyes Australian market

KANIKA SOOD  |  TUESDAY, 25 JUN 2019
... yield universe offers higher yields while having lower leverage and higher corporate cash levels than in the US, with default rates in line with developed markets. "Our investment philosophy is based on fundamental, long term and bottom-up analysis of ...

AMP loses mandate to AustralianSuper

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
... lost a workplace superannuation fund contract to AustralianSuper. Australia Post has selected AustralianSuper as its new default super fund provider following pressure from the Communications Workers Union (CWU), the representative of postal, telecommunications ...

Superannuation reforms underway

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
... recommendations that overlap from the Productivity Commission and Royal Commission, she said. This includes stapling members to one default account to eliminate duplicate accounts, and realigning the regulators' role by making ASIC the lead conduct ...