Search Results | Showing 51 - 60 of 1797 results for "Default" |
| | | ... member contributions to a MySuper product. APRA has fined OnePath Custodians $1.46 million after it was made aware 125 default member contributions were not directed to a MySuper product despite no directive having been given by the member as to where ... |
| | | | The wealth management industry has broadly welcomed the bulk of the Quality of Advice Review recommendations Labor will prioritise, with many agreeing that the reforms will fix financial advice and ultimately benefit consumers. In releasing the first ... |
| | | | Muzinich and Co is rolling out its MLoan fund to Australian investors, expected to be available in July. MLoan, which replicates Muzinich's parallel lending strategy launched in 2018, invests predominately in private European senior secured, floating ... |
| | | | An eleventh-hour tentative deal has been struck by US lawmakers to raise the debt ceiling and avoid a national default disaster. US President Joe Biden and House Speaker Kevin McCarthy announced on Sunday their agreement to raise the $48 trillion (US$31.4 ... |
| | | | Mercer Super is set to add several hundred million in funds under management by way of another merger, this time with a Melbourne-based corporate superannuation fund. Mercer has confirmed it is undertaking a successor fund transfer with the Holden Employees ... |
| | | | ... escalated the matter to ASIC and APRA. Another troubling discovery pertained to the inappropriate lapse of members' default insurance. AFCA said a trustee didn't adequately inform members of their right to retain their default insurance cover ... |
| | | | A Western Asset product specialist says rising credit default swap (CDS) spreads have sparked concerns. However, he downplayed the risk of a US default, calling it a "very low probability event". Robert Abad recalled the sole instance of a "technical" ... |
| | | | ... first step." QMV Legal managing partner Jonathan Steffanoni noted that the "Protecting Your Super" reforms introduced a default account stapling law in November 2021. This law is likely to reduce unintentional duplicate accounts in the future, he said. ... |
| | | | ... cost of its various investment options will change, with the bulk seeing a reduction. On the MySuper front, ART's default Balanced option currently costs $410 per $50,000 invested. From July, this will drop to $400. Fees on its Growth, Balanced ... |
| | | | ... paid by some members will change, with HESTA saying it believes over 50% of those with standard cover - to be termed 'default cover - will see a reduction. This is because the way in which the fees are charged will change. From July, the fees paid by ... |
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