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Showing 661 - 670 of 1970 results for "Default"

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 ...

Super funds underplay risk profiles: Research

KARREN VERGARA  |  THURSDAY, 19 JUL 2018
... 'balanced' fund is. "With the introduction of MySuper, most funds converted their existing balanced option into the default option. And research shows that most people default into the balanced option," Bissoondoyal-Bheenick said.

Socio-economics dictate insurance needs of young Aussies: Insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 JUL 2018
... believes it should be up to individual superannuation fund trustees to determine the minimum age for providing automatic default life insurance cover. In its submission to the Senate Economics Legislation Committee, TAL said the circumstances of young ...

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 ...