Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 771 - 780 of 1971 results for "Default"

Statewide Super renews custody deal

KARREN VERGARA  |  TUESDAY, 21 MAR 2017
... selected by the Statewide Super team," Comito said. Statewide Super is a AAA-rated fund as assessed by SelectingSuper. Its default MySuper option was ranked number one for performance in the three years to 30 June 2016.

Liftoff imminent at Spaceship

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
... accounts or in personalised testimonials. As a retail product, Spaceship GrowthX will not have access to the workplace default MySuper option, meaning that members will have to actively transfer their funds into Spaceship and away from their employer's ...

Going good but there are risks

BENJAMIN ONG  |  MONDAY, 6 MAR 2017
The just-released "OECD Economic Surveys, Australia" provided a pretty growth picture of the domestic economy, forecasting GDP growth of 2.6% this year and 3.1% in 2018 - one that would lower the current jobless rate from 5.7% (January 2017) to 5.5% ...

Super doesn't need tender system: ASFA

DARREN SNYDER  |  FRIDAY, 3 MAR 2017
... Australia is urging the Productivity Commission to reject the consideration of adopting a Chilean-style tender process for default super in Australia. ASFA's latest research paper says adopting the Chilean system would be a solution looking for a problem ...

Confusion reigns in super and life insurance: CHOICE

EMMA RAPAPORT  |  MONDAY, 27 FEB 2017
... do not match their needs. "Despite life insurance being one of the major features of many superannuation products, with default options required to offer it on an 'opt-out' basis, life insurance is not included in these dashboards." The group said that ...

AustralianSuper lends muscle to big employers

MICHELLE BALTAZAR  |  TUESDAY, 24 JAN 2017
... deal, Komatsu, Clough and one other major company (undisclosed as at time of publication) chose AustralianSuper as the default superannuation fund for their employees starting June this year. All three fall under the category of large employers with ...

The race is on for offshore investments

ALEX BURKE  |  TUESDAY, 17 JAN 2017
... productive and effective," she said. "The Productivity Commission is tasked with this at the moment. We believe if the default system is opened up to competition, that will be quite beneficial for consumers because they will be able to exit underperforming ...

Suncorp fined for consumer credit breach

ALEX BURKE  |  FRIDAY, 23 DEC 2016
Suncorp paid a total of $530,000 in penalties for breaching consumer protection laws. ASIC said Suncorp's breach of consumer credit notification provisions occurred as a result of an internal error, which prevented a "large number of consumers" from ...

Insurance in super must be maintained: AIA

JAMIE WILLIAMSON  |  WEDNESDAY, 21 DEC 2016
... afford individual cover. ISWG will focus on improving cost impacts on account balances for consumers; addressing multiple default insurance policies; providing better assistance to customers at claims time and; improving member communications around ...

MySuper competition heats up: Rainmaker

DARREN SNYDER  |  WEDNESDAY, 14 DEC 2016
... online dashboards." "This is a major strategic challenge to not-for-profit super fund groups that are used to dominating default super." Dunnin adds the way banks intend expanding in the MySuper segment is by using lifecycle investment strategies which ...