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Showing 551 - 560 of 859 results for "Workplace"

Cbus executive denies perjury allegation

JAMES FERNYHOUGH  |  TUESDAY, 18 NOV 2014
Cbus' head of workplace distribution Maria Butera has denied she committed perjury at the Royal Commission into Trade Union Governance and Corruption, contradicting claims made by Counsel Assisting the Royal Commission, Jeremy Stoljar SC. In his submission ...

Retail MySuper transition too slow: ISA

STAFF WRITER  |  TUESDAY, 11 NOV 2014
Less than half of retail workplace default account balances have been transferred across into MySuper products, raising concerns the slow retail MySuper transition is costing retail super fund members hundreds of millions of dollars in extra fees. Rainmaker ...

Super returns dip to 9.0 pct

STAFF WRITER  |  TUESDAY, 4 NOV 2014
The SelectingSuper MySuper (ie Workplace) rolling 12 month performance index fell sharply during September to return 9.0% compared to 11.1% at end July and 10.6% at end June. Three year super fund average annual returns are, however, higher at 11.7% ...

Cbus employees accused of perjury

JAMES FERNYHOUGH  |  MONDAY, 3 NOV 2014
... culture of Cbus. "The conduct can only be explained as a symptom of an unhealthy culture in play within at least the Workplace Distribution team at Cbus. "Their actions betray underlying attitudes. And those attitudes would manifest themselves through ...

MySuper fees approaching KiwiSaver best practice

STAFF WRITER  |  TUESDAY, 21 OCT 2014
... funds that account for 22% of KiwiSaver assets under management is meanwhile 0.56%. KiwiSaver is the NZ equivalent of SG workplace default super albeit it operates on an opt-out basis. KiwiSaver, where employers choose from a panel of approved funds ...

SelectingSuper fund award finalists announced

STAFF WRITER  |  MONDAY, 20 OCT 2014
... Fund of the year, MySyper product of the year, long term performance, SMSF administrator of the year, and within the workplace, personal and retirement segments awards for best value-choice, deluxe-choice and premium-choice products. There will also ...

Future Fund reaches $104bn, earns 14pct

STAFF WRITER  |  WEDNESDAY, 15 OCT 2014
... allowing for its tax and costs position, is ahead in adjusted terms of the 12.5% achieved by the average Australian workplace fund default investment option by about 100 basis points notwithstanding in raw terms the FF's 14% return would place it equal ...

Low cost retail jumps 82pct

STAFF WRITER  |  MONDAY, 13 OCT 2014
... Living Super that manages about $800 million. The retail sector has, however, to date been slow transitioning default workplace superannuation assets across into these lower cost products. "Among retail super funds barely one in 10 dollars of default ...

Super returns lift to 11.1%

STAFF WRITER  |  FRIDAY, 3 OCT 2014
The SelectingSuper MySuper (ie Workplace) rolling 12 month performance index increased during August to return 11.1% compared 10.6% at end July, albeit still down from June's 12.7%. Three year super fund average annual returns are also 11.1% pa with ...

First hard MySuper APRA data released

ALEX DUNNIN  |  THURSDAY, 2 OCT 2014
... billion in MySuper assets under management. Rainmaker estimates that this dollar coverage means approximately half of workplace default FUM has already been transferred across into the MySuper product class, a rate of transfer that is much faster than ...