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Showing 651 - 660 of 1965 results for "default"

We have won the battle, not the war: AustralianSuper CEO

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
... the Royal Commission the industry super Fox in the Henhouse campaign helped win the battle, but the war continues over default superannuation arrangements. The chief executive of Australia's largest super fund was called to the witness box for the ...

MLC MySuper investment budget was tight-fisted: Royal Commission

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... two years ago, Hodge laid out earlier in the line of the questioning. Delay in ADA transfer The transition from accrued default amounts (ADAs) to MySuper meant a large group was not transitioned until March 2017, and Hodge suggested this as one of the ...

Limited MDA deadline closes in

KARREN VERGARA  |  WEDNESDAY, 8 AUG 2018
... it's too late to apply for a full licence as the process takes up to 12 months, Potter told Financial Standard. The default course of action is to revert to giving "standard advice" client by client, transaction by transaction, he warned. That requires ...

One measure not enough to revoke MySuper: APRA

HARRISON WORLEY  |  MONDAY, 6 AUG 2018
... recommendation that persistent underperformance of a fund provides strong grounds for the removal of its ability to accept default contributions. However, the prudential regulator cautioned against using the same criteria to determine whether a registerable ...

Rethink property investment: Poll

HARRISON WORLEY  |  MONDAY, 6 AUG 2018
Financial Standard readers overwhelmingly agree now is the time to reassess property investment strategies. More than 80% of respondents to a Financial Standard survey either agree or strongly agree it is critical to reassess property investment strategies ...

Group insurers pressed for resources

KANIKA SOOD  |  MONDAY, 30 JUL 2018
... finding themselves pressed for resources as they race to meet the Federal Government's July 2019 deadline to cull the default opt-ins for group insurance. MetLife head of reinsurance and regulatory affairs James Carey said the scrutiny is touching ...

NAB recruits customer executive

KARREN VERGARA  |  MONDAY, 30 JUL 2018
... affected by drought. Customers who fall into arrears and unable to make their loan repayments will not be charged a higher default interest rate if this does occur, he said. "This matter came up in a recent Royal Commission case, and we have decided ...

Industry fund renews insurer, drops premiums

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
... cover to produce a sustainable set of insurance arrangements, Media Super said. The fund has also taken the step to remove default cover for young people, as proposed in the Federal Budget and the Productivity Commission's draft report. Cover for new ...

Best in show should not dampen competition: Bowen

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
Shadow Treasurer Chris Bowen said it is hard to argue against a case for better-performing superannuation funds as put forth by the Productivity Commission, yet the best in show approach must be careful that it doesn't dampen competition. Speaking at ...

SMSFs overlooking off-the-plan property risks

KARREN VERGARA  |  FRIDAY, 20 JUL 2018
Self-managed superannuation funds are showing a strong demand for off-the-plan properties but often overlook the risks associated with this type of investment. According to property research firm RiskWise, off-the-plan properties have driven lower property ...