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Showing 731 - 740 of 1965 results for "default"

Super FUM up 10pct to $2.3tn

ALEX DUNNIN  |  THURSDAY, 24 AUG 2017
... faster than the broad market. Fueling this was retail funds completing MySuper transitions as a result of their Accrued Default Amounts now being fully transferred across into lower cost MySuper products. Within MySuper, lifecycle investments grew even ...

Roaring forties produce super member tailwinds

DARREN SNYDER  |  TUESDAY, 8 AUG 2017
... Government Super High Growth option, returning 14% during the period. Also inside Rainmaker's top five were AMP Simple Default Fund MySuper 1970s (13.6%); Telstra Super Corporate Plus MySuper Growth (13.3%); Colonial First State FirstChoice Lifestage ...

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. ...