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Showing 651 - 660 of 1953 results for "Default"

EU to offer cross-border pension scheme

KARREN VERGARA  |  THURSDAY, 12 JUL 2018
... information document and information provision for savers including projected pension returns to retirement; A sensible default investment where a saver does not pick a specific set of investment options; Financial guarantees or clear de-risking in the ...

Investors sharpen watch on RMBS

KANIKA SOOD  |  MONDAY, 9 JUL 2018
... defaults ever in the world. In America, they had the adjustable mortgage rate market, but in Australia there has never been a default. It probably won't happen," Carden says. Australian prime RMBS delinquencies picked up slightly over the last two ...

Queensland industry funds merge

HARRISON WORLEY AND JAMIE WILLIAMSON  |  FRIDAY, 6 JUL 2018
... million members across 130,000 employers. According to Rainmaker data, AustSafe ranked second in the Selecting Super MySuper default performance return tables for the year ending May 2018. Sunsuper chair Andrew Fraser said the merger was a good fit for ...

Same insurance cover, different price: Research

KARREN VERGARA  |  TUESDAY, 3 JUL 2018
... their weekly premium costs could range from $0.45 to $7.80," he said. The Productivity Commission said it will look into default life insurance as part improving the superannuation system. Cbus told the recent Productivity Commission hearings the proposal ...

Cash is cash, APRA tells super funds

KANIKA SOOD  |  MONDAY, 2 JUL 2018
... options had exposure to asset-backed and mortgage-backed securities, commercial bonds and hybrid debt instruments, credit-default swaps, loans and other credit instruments - which it says don't qualify as cash. "These assets do not typically exhibit ...

CIPR framework timely but questions remain

KARREN VERGARA  |  THURSDAY, 28 JUN 2018
... principle is embedded in the Superannuation Industry (Supervision) Act. Rice Warner added CIPRs should be a component of a default retirement strategy; trustees shouldn't have to offer a CIPR product if there is no compulsion for the member to take it ...

Unintended consequences for opt-in insurance: KPMG

HARRISON WORLEY  |  WEDNESDAY, 27 JUN 2018
Group life insurance premiums are set to rise if the Federal Government implements proposed changes to default insurance in superannuation, according to KPMG. The firm's latest research forecasts a 50% reduction in group life insurance cover as a result ...

MySuper approaches $650 billion

DARREN SNYDER  |  TUESDAY, 26 JUN 2018
At a time when default superannuation is under the Productivity Commission spotlight, it is important to recognise MySuper now represents one-quarter of Australia's $2.6 trillion super system - and it's growing fast. Latest Rainmaker analysis ...

PC puts spotlight on lifecycle super products

KARREN VERGARA  |  MONDAY, 25 JUN 2018
... not forgo returns to members' working life. Product needs vary across age and circumstance and so the challenge of default products is how to meet "extremes and everything in between," he said. "The question is therefore how can we meet our fiduciary ...

Best-in-show list addresses insurance gaps

KARREN VERGARA  |  FRIDAY, 22 JUN 2018
Creating a best-in-show list of default superannuation funds shouldn't overlook specific needs of members, particularly when it comes to life insurance, according to Cbus. The industry super fund told the Productivity Commission yesterday that while ...