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Showing 591 - 600 of 1970 results for "Default"

Government moves on Royal Commission super recommendations

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
... final report. Superannuation fund trustees are set to be banned from treating employers in efforts to be selected as their default superannuation fund; with the Government acting on Commissioner Hayne's finding that some large super funds spend "not ...

Aussies instos join fight against weapons

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
... which we know is something many of our members value," he said. "We believe that active and passive investments should, by default, exclude controversial weapons." One hundred and forty two other institutional investors have joined the open letter penned ...

Future Fund delivers 5.8%

KANIKA SOOD  |  MONDAY, 11 FEB 2019
... interesting to see how they will manage this," he said. He also laid to rest the speculation about Future Fund managing default superannuation contributions saying the Future Fund is tasked with investing historical government surplus as a sovereign ...

State government awards super fund mandate

KARREN VERGARA  |  MONDAY, 11 FEB 2019
... Scheme (NTGPASS) awarded Statewide Superannuation a new mandate, replacing AustralianSuper. Statewide will manage the default superannuation of new government employees. From 10 February 2019, new NTGPASS employees who do not nominate a super fund will ...

The $500k price tag on bad super choices

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
... salary, fees and contributions over 45 years of a working life, while calculating the returns they could reap from various default super products. A person who stayed in the lowest-performing MySuper option all of their working life would build a nest ...

Chief economist update: The RBA capitulates

BENJAMIN ONG  |  THURSDAY, 7 FEB 2019
... Australia from the downdrafts of the Asian currency crisis and the collapse of Long-Term Capital Management (LTCM) 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. ...

Conflicts of interest recommendation falls short

KARREN VERGARA  |  MONDAY, 4 FEB 2019
Industry Super Australia has criticised the banking Royal Commission final report for falling short of addressing conflicts of interest. Industry Super Australia said the structure of the industry and other profit-to-member super funds has avoided such ...

Hayne targets superannuation employer connections

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... superannuation account over their working life and as they move from job to job. This is to curb the proliferation of unnecessary default accounts, he said. Hayne wants more stringent provisions around the fact that funds compete to be nominated as default ...

OPINION: Post RC, where to now for retail super?

ALEX DUNNIN  |  MONDAY, 4 FEB 2019
... inflows from their tied and aligned advisers are in deep strategic trouble. By implication, this means superannuation's default product disposition is to now become direct distribution supported possibly by properly independent arms-length professional ...

Industry fund sees boost in additional contributions

JAMIE WILLIAMSON  |  SUNDAY, 3 FEB 2019
... their current self, meaning they are more likely to save money they don't yet have. The super fund negotiated with default employers and the Australian Services Union to have the program incorporated into enterprise agreements on an opt-out basis. ...