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Showing 721 - 730 of 1953 results for "Default"

Industry fund reduces insurance premiums

KARREN VERGARA  |  THURSDAY, 3 AUG 2017
... Super chief executive Brendan O'Farrell said premiums will drop from 0.7% to 0.615% of gross income based on a member default 21-day waiting period. In dollar terms, this equates to $7 per $1000 of cover to $6.15 per $1000 of cover. It will continue ...

Government gives super system further makeover

DARREN SNYDER  |  TUESDAY, 25 JUL 2017
... insurance system, saying the reforms "recognise that a simpler process is needed for when people wish to make changes to their default insurance cover, something we support in preserving default insurance as a vital safety net whilst also providing choice." ...

The problem with currency extrapolation

BENJAMIN ONG  |  TUESDAY, 18 JUL 2017
... "will reach $US1.30 by 2013 - and $US1.70 by 2014, as the greenback relinquishes its 'exorbitant privilege' as the world's default currency." The A$/US$ exchange rate closed 2013 at US$0.8911 and US$0.8198 by the end of 2014 before continuing to depreciate ...

Adviser models replacing product focus with customers

KARREN VERGARA  |  TUESDAY, 11 JUL 2017
... best-of-breed model. He highlighted the three different models advisers are using: the first being the 'do it for me' or default model whereby 80% of individuals are not engaged yet happy for the adviser to make the decisions for them. The second is ...

Cbus slashes insurance premiums

EMMA RAPAPORT  |  FRIDAY, 7 JUL 2017
... able to access affordable insurance through superannuation is important to them." Atkin added that the decision to reduce default cover for younger members was in response to the reality that young people are less likely to have dependents or mortgages ...

Whitehelm boosts water investments

KARREN VERGARA  |  THURSDAY, 6 JUL 2017
Infrastructure investment manager Whitehelm Capital poured £45 million ($77 million) into debt issued by a UK water and sewerage company. Whitehelm finalised its investment in a junior loan issued by Kelda Finance, the first holding company of Yorkshire ...

Competition would save Australians millions in super fees: Deloitte

EMMA RAPAPORT  |  TUESDAY, 4 JUL 2017
... the lowest and highest fee products." Putting forth its recommendation for future action, DAE concluded that the current default superannuation regime for award employees does not adequately promote competition at a level that meets with community expectations. ...

Disengaged members vulnerable in super

EMMA RAPAPORT  |  MONDAY, 3 JUL 2017
... notification of changes to or cessation of cover," the report noted. "Further, we expect all trustees to immediately review their default arrangements in insurance, particularly where members are being transferred between fund divisions without consent. ...

EOFY: Super funds to hit double digit returns

STAFF WRITER  |  FRIDAY, 30 JUN 2017
... super funds delivered a positive yet modest average return of 2.9%. The researcher notes that for 2016-17 many of the default super funds posting returns above 10% have high allocations to global equities with lower bond allocations. Illustrating this ...

Default funds must appear on online super choice forms: AIST

EMMA RAPAPORT  |  WEDNESDAY, 28 JUN 2017
... proposed online form would allow consumers to see a list of their existing superannuation accounts or select their employers' default fund - a feature that paper forms are unable to deliver," Scheerlinck said. "This makes it easier for people wanting ...