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Showing 731 - 740 of 1947 results for "Proposal"

Same insurance cover, different price: Research

KARREN VERGARA  |  TUESDAY, 3 JUL 2018
... life insurance as part improving the superannuation system. Cbus told the recent Productivity Commission hearings the proposal to create a best-in-show list of default superannuation funds shouldn't overlook the unique insurance needs of members ...

CIPR framework timely but questions remain

KARREN VERGARA  |  THURSDAY, 28 JUN 2018
The retirement income strategy and implementation timeline proposed in this year's Budget is "workable and sensible" but there are concerns the Federal Government should quickly address. This is according to SuperEd, the robo-adviser aiming to improve ...

Unintended consequences for opt-in insurance: KPMG

HARRISON WORLEY  |  WEDNESDAY, 27 JUN 2018
... firm's latest research forecasts a 50% reduction in group life insurance cover as a result of the Government's budget proposal that specific member cohorts must opt-in to obtain cover within their superannuation fund. According to the firm, a further ...

Best-in-show list addresses insurance gaps

KARREN VERGARA  |  FRIDAY, 22 JUN 2018
... accommodated to such needs, it would be inefficient, she said. Productivity Commission deputy chair Karen Chester said the proposal is aiming to improve gaps in many areas including group insurance, and isn't ruling out the involvement of employers ...

Super industry critiques PC draft report

KARREN VERGARA AND STEPHEN FAY  |  WEDNESDAY, 20 JUN 2018
... is not there, he said. Adam Gee, a superannuation advisory partner at KPMG Australia, told the PC if the best-in-show proposal was to operate successfully for all parties, better quality data would be needed for meaningful comparisons. This would not ...

Default life insurance reforms ineffective: Research

KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
The Federal Government's proposal to ban default life insurance in superannuation for younger members and those with low balances would supress retirement savings and cost the economy $2.46 billion annually, latest research from AIA Australia shows. ...

BTFG boss backs PC super proposals

KANIKA SOOD  |  THURSDAY, 7 JUN 2018
BT Financial Group supports key recommendations of the Productivity Commission's most recent superannuation report, saying the Westpac-owned business would welcome moving away from an "open market" MySuper model. BTFG chief executive Brad Cooper ...

CYBG revises Virgin Money offer

KARREN VERGARA  |  TUESDAY, 5 JUN 2018
... by Richard Branson, in a bid to create a serious national competitor in the UK's banking sector. Under the revised proposal, Virgin Money shareholders would own about 38% of the combined group based on CYBG acquiring the entire ordinary share capital ...

Super scorecard to shift consumer playing field

DARREN SNYDER  |  THURSDAY, 31 MAY 2018
An independent think tank is launching a sustainable retirement scorecard as a self-assessment tool for superannuation funds to benchmark performance in managing members' retirement. The Committee for Sustainable Retirement Incomes (CSRI) is introducing ...

Investa mulls Blackstone deal, possible insto partnership

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAY 2018
... On Monday, Investa Listed Funds Management - RE for the office fund - announced Blackstone had submitted an all-cash proposal to acquire IOF at $5.25 per unit, reduced by distributions declared or paid prior to acquisition. As RE for the Investa Commercial ...