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Showing 671 - 680 of 1954 results for "Default"

Aussie CEOs understand ESG risks: KPMG

HARRISON WORLEY  |  MONDAY, 28 MAY 2018
... efficiency of the system will place significant challenges on smaller funds - and should it recommend a limitation of existing default awards then this could spell the end for many small funds. While rationalisation has happened very slowly, we believe ...

Two-tier super system emerging: KPMG

HARRISON WORLEY  |  WEDNESDAY, 16 MAY 2018
... efficiency of the system will place significant challenges on smaller funds - and should it recommend a limitation of existing default awards then this could spell the end for many small funds. While rationalisation has happened very slowly, we believe ...

Government to ban default life insurance in super

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... retirement savings from undue erosion by fees and insurance premiums." Under the new regime, insurance will move from a default framework to an opt-in extra for those with balances less than $6000; accounts that haven't received a contribution in 13 ...

Retirement spending declines faster than believed: Research

KANIKA SOOD  |  TUESDAY, 1 MAY 2018
... Currently, nearly 59% of all balanced pension funds rank their performance against CPI, Milliman said. It added that any default MyRetirement or comprehensive income product for retirement (CIPR) products that are indexed to the CPI are likely to be ...

Unions lobby super sector to cut big bank, AMP ties

JAMIE WILLIAMSON  |  TUESDAY, 24 APR 2018
... capital," Rainmaker said. In a similar move to the ACTU, the Communication Workers Union is lobbying Australia Post to cut its default superannuation arrangement with AMP. Since the closure of the Australia Post Superannuation Scheme in 2013, all new ...

Industry fund begins lifecycle pension strategy

HARRISON WORLEY  |  TUESDAY, 24 APR 2018
... fund has added a dual-account lifecycle strategy to its pension offering. New pension members of REI Super now have a default lifecycle investment option which applies different investment mixes based on age. Existing REI Super pension members can also ...

SMSF home bias drags returns

KARREN VERGARA  |  TUESDAY, 17 APR 2018
... generated a 5.5% return (before fees and tax) - well below the returns for members invested in MySuper products. The SG360 Default Index, which is based on MySuper returns, achieved 9.6%. This lower performance by SMSFs is the result of lower asset class ...

Default options safeguard retirement savings: Research

JAMIE WILLIAMSON  |  WEDNESDAY, 11 APR 2018
A University of New South Wales research initiative believes default superannuation and retirement options could prove beneficial in combating poor financial decision-making brought about by cognitive decline. Fresh insights from the ARC Centre for ...

MySuper growth leads industry

KANIKA SOOD, DARREN SNYDER  |  FRIDAY, 6 APR 2018
... calendar year return since 2013. This said, Rainmaker's latest Benchmarking report shows the SelectingSuper workplace Default/MySuper Index having a negative monthly return of 0.3% in February. "The monthly result was underpinned by a relatively large ...

Industry fund launches lifecycle default option

KARREN VERGARA  |  TUESDAY, 3 APR 2018
A $7 billion industry superannuation fund is launching a default option that will automatically adjust with members' age. The Australian Catholic Superannuation and Retirement Fund's LifetimeOne option, to be launched in May, aims to give members better ...