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Showing 51 - 60 of 1952 results for "Default"

Managed portfolios now the default: AMP

ANGELIQUE MINAS  |  THURSDAY, 2 OCT 2025
The North Managed Portfolios Insight Report by AMP indicates the mainstream popularisation of managed portfolios in the past year. The report references recent IMAP and Milliman data showing total managed portfolio assets under management (AUM) has ...

Hostplus slams Lendlease over $2bn fund

ELIZA BAVIN  |  TUESDAY, 30 SEP 2025
... knowing, that the APPFI quorum requirements are dated and inappropriate." Lendlease will now keep control of the fund by default due to the two failed attempts to conduct a meeting. Hostplus has also called for changes to the fund's constitution to enable ...

HESTA changes investment fees

ELIZA BAVIN  |  TUESDAY, 30 SEP 2025
... investment fee reductions were across HESTA's top four ready-made super investment options, by funds under management. The default MySuper Balanced Growth option saw investment fees reduce from 0.62% to 0.58%. Members in the Conservative option benefited ...

Insurers' approaches reinforcing mental health stigma: Life CCC

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
... conditions, others are not. A critical issue raised from the inquiry is that insurers' underwriting processes are often to default to exclusions or denials when applicants disclose a mental health condition. Of the underwriting guidelines reviewed ...

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
... and for others attempted to recover debts even when it did not respond to the hardship notices. This includes issuing default and demand notices and sending out external debt collection agencies on customers. ANZ ignored ASIC's concerns over its ...

Federal Court slaps Mawhinney with 15-year ban

KARREN VERGARA  |  MONDAY, 8 SEP 2025
Mayfair 101 Group director James Mawhinney has been banned from receiving or soliciting funds related to financial products for 15 years after the Federal Court determined he had a "cavalier attitude to compliance" and was "reckless" in operating his ...

Schroder urges 'open dialogue' with government

ELIZA BAVIN  |  THURSDAY, 4 SEP 2025
... return super funds need. "Super funds think long-term, but our returns must be real. And I mean real versus nominal. Our default investment option - where most AustralianSuper members are invested- targets CPI plus 4%. That's a benchmark designed to ...

Three retirement products achieve double-digit returns

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
... Wholesale Pension is the second largest in asset size with $40.7 billion and 154,850 members. Analysing the top 50 personal default super options, Rainmaker found Colonial First State's (CFS) Essential Super Personal Lifestage 1980-84 topped the list ...

Legalsuper updates investment, insurance fees

KARREN VERGARA  |  TUESDAY, 2 SEP 2025
... insurance fees charged for death and TPD cover will increase by about 5.8% p.a. Personal Division members who already have default cover in place for at least 24 months and have been at work for 30 consecutive days on or after November 1 will have their ...

Commonwealth Super delivers 'resilient' performance for FY25

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
... posted its FY25 results, saying it continues to meet its objectives for members. The super fund delivered 10.6% for its default PSSap MySuper Balanced option, designed for Australian government employees, while its ADF Super MySuper Balanced option - ...