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Showing 51 - 60 of 76 results for "Cash option"

... and unveils direct shares on platform

COMPANY RELEASE  |  THURSDAY, 27 AUG 2009
... Service products. This follows the firm launching a range of new features including online switching, a protected cash option, pre-lodgement service and online insurance. "Direct shares is something that certain advisers have been asking for on Pursuit ...

CommBank Officers Super shuts property option

RUTH LIEW  |  WEDNESDAY, 26 AUG 2009
... 7 will be the last day for members to switch out of the strategy, before having their balances transferred to the cash option by 8 October. While the closure of the option stems from liquidity issues caused by the GFC, OSF's decision coincides with a ...

Christian Super takes $30m cash strategy in-house

MICHAEL HOBBS  |  FRIDAY, 7 AUG 2009
... has pulled its $30 million cash mandate out of an external fund manager after the number of members invested in its cash option spiked from 0.5 to 8 per cent of its entire membership base. Peter Murphy, chief executive at Christian Super, the fund withdrew ...

Intra-fund advice relief opens super funds to lawsuits

MICHELLE BALTAZAR  |  TUESDAY, 4 AUG 2009
... "balanced" to "high growth" without duly addressing the change in the investment risk. "If a member changes their cash option to high growth and all they are looking at is the switch from the low return to the high return, the other aspect is that they ...

Platform money flows back into markets

MICHAEL HOBBS  |  WEDNESDAY, 15 JUL 2009
Colonial First State FirstChoice and MLC MasterKey, two of Australia's largest investment platforms, are experiencing inflows away from cash and into listed markets and other growth strategies. Brent Howells, head of product MasterKey at MLC, said the ...

Plum wins mandates

COMPANY RELEASE  |  THURSDAY, 25 JUN 2009
... improve members' knowledge on super. Plum's education and communication strategies appear to be working, with the fund's cash option holdings increasing by less than 3 per cent during the last 12 months. "Although we received greater numbers of enquiries ...

ESSSuper closes Cash Plus option

RUTH LIEW  |  WEDNESDAY, 27 MAY 2009
... Services & State Super has closed the doors of its cash plus strategy six months after the introduction of its pure cash option. According to a statement on the ESSSuper website, the fund closed its cash plus option to new investments, contributions ...

No flight to cash at Equipsuper

RUTH LIEW  |  WEDNESDAY, 20 MAY 2009
Majority of Equipsuper's members did not switch from equities to the cash option despite the heavy falls in the sharemarket last year, said the fund's chief executive. Robin Burns, who heads up the "hybrid" $4.2 billion fund that hosts both defined ...

AMP moves into direct super

MICHAEL HOBBS  |  THURSDAY, 23 APR 2009
... allows customers to choose which features they do or don't want. The basic package includes two investment options; a cash option and a 65:35 balanced fund option. The product also provides a basic level cover insurance of up to $250,000. Customers only ...

Super funds to show long-term returns

MICHAEL HOBBS  |  THURSDAY, 2 APR 2009
... detriment," he said. For example, numerous super funds have reported a substantial number of members switching into the cash option, even if the move means they don't accumulate as much in retirement savings over the long term. In addition, super funds ...