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Showing 551 - 560 of 1965 results for "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 ...

LUCRF Super ups premiums for older members

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
... level of cover and a moderate increase in premiums. Given that LUCRF provides members with death and TPD insurance by default, members who have not selected their occupation category are assigned to the light blue collar rates. In light of this, a Rainmaker ...

Super calculators to align with MoneySmart

HARRISON WORLEY  |  THURSDAY, 6 JUN 2019
... using the same inflation rate used by ASIC's own MoneySmart calculators. The requirement will see providers use either the default interest rate - as set by MoneySmart - or an alternative interest rate from December 5, as long as they meet the regulator's ...

PYSP puts SMSFs at risk

HARRISON WORLEY  |  THURSDAY, 6 JUN 2019
... the potential impact of the changes, amid fears many are unaware of their existence. AIA chief executive Damien Mu said default insurance in super was "by far" the most sustainable system for protecting Australians, and added it was "simply not the case" ...

Super figures point to NSW victory

HARRISON WORLEY  |  WEDNESDAY, 5 JUN 2019
... key categories: MySuper products among the top 10 funds in the country Lifecycle products among the top 10 Average fees Default death and TPD insurance premiums Default income protection premiums Starting with the number of MySuper products ranking inside ...

Chief economist update: The rate cut Australia has to have

BENJAMIN ONG  |  TUESDAY, 4 JUN 2019
... country' from the downdrafts of the Asian currency crisis and the collapse of Long-Term Capital Management and Russian default in 1997/98; the US recession and the terrorists' attacks on the US in 2001 and the global financial crisis in 2008. ...