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Showing 591 - 600 of 1965 results for "default"

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. ...

Industry Super Australia attacks Future Fund concept

HARRISON WORLEY  |  TUESDAY, 29 JAN 2019
... said its insight comes in response to widespread speculation the Future Fund could be opened up to more Australians as a default superannuation fund. ISA chief executive Bernie Dean said Australians defaulted into the Future Fund would be consigned to ...

New rules for UK retirement income products

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
The UK's pension fund industry is set to be hit with strict new investing rules, with proposed regulation designed to increase consumer engagement. The Financial Conduct Authority is concerned about consumers moving into drawdown and holding their funds ...

Will the PC recommendations fall through the cracks?

KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
... risk that members have multiple funds is a very sensible aim, however, the mechanism of 'best in show' funds for default selection seems unlikely given the stated position of the Opposition," he said. But others such as the 'independent expert ...

Industry funds dominate member satisfaction

KANIKA SOOD  |  TUESDAY, 22 JAN 2019
... ratings Roy Morgan said the Productivity Commission's recommendation to create a list of 10 best-performing super funds as default options for new workers must take into account not just performance tables but also how members rate them. "The reason ...

BT launches new managed accounts offerings

HARRISON WORLEY  |  MONDAY, 21 JAN 2019
... superannuation Melinda Howes, recently weighed into the debate over the Productivity Commission's proposed best-in-show default superannuation fund shortlist, saying there was merit in the idea.