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

Search Results

Showing 771 - 780 of 1953 results for "Default"

Super funds should reassess view of balances: Challenger

JAMIE WILLIAMSON  |  WEDNESDAY, 2 NOV 2016
Superannuation balances should be considered on a household level rather than the traditional individual view, according to new retirement insights from Challenger. The latest research from the investment manager shows that if pre-retirees look at their ...

MySuper transition costing retail members

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2016
... members could be diminished by $20,000 as a result of retail and bank-owned funds delaying the transition of members into default MySuper products. Research conducted by Rainmaker Information and commissioned by Industry Super Australia shows retail ...

Livestock finance firm completes bond issue

DARREN SNYDER  |  THURSDAY, 13 OCT 2016
... NZ$1.1 billion over the last 20 years in New Zealand with an exceptionally high credit performance track record and low default rate," FIIG chief executive Mark Paton said. "We are delighted to be able to provide an inventory finance solution to a quality ...

Industry bodies united on group insurance

JAMIE WILLIAMSON  |  MONDAY, 10 OCT 2016
... otherwise not chosen to or been able to access life and disability insurance. The statement also asserts that automatic default cover, provided on an opt-out basis, has significantly contributed to reducing underinsurance in Australia and that superannuation ...

Retail funds trailing NFPs

ALEX BURKE  |  MONDAY, 10 OCT 2016
... to Rainmaker Information research. In the latest Rainmaker Benchmarking report, based on the SelectingSuper workplace default option MySuper Index in the 12 months to August 2016, the researcher also found that the gap remains at 120 basis points over ...

ETF managers now among Australia's fastest growing

DARREN SNYDER  |  THURSDAY, 6 OCT 2016
... Australia's 12 month FUM increase of 2.6% was again found to closely match the 2.9% overall superannuation return for default balanced-growth investment strategies as measured by the June 2016 SelectingSuper MySuper performance index. But it is in the ...

Super members should face "better off test"

DARREN SNYDER  |  TUESDAY, 4 OCT 2016
... superannuation. It also wants the Federal Government to restart Fair Work Commission processes to build a merit based safety net of default funds for Australians that rely on their employer's choice of fund. The push comes as an annual review of Australia's ...

Default super system splits industry

DARREN SNYDER  |  WEDNESDAY, 21 SEP 2016
... competitiveness and efficiency the Productivity Commission is examining what the $2 trillion system would look like without any default funds. The idea of no default funds is forming a baseline for the commission's work in examining alternative models ...

CIPR discussion paper by year's end

DARREN SNYDER  |  WEDNESDAY, 14 SEP 2016
... retirement. "The concept that was outlined by David Murray in the FSI is that trustees should be able to offer a CIPR as a soft default or preselect for their members a retirement income product that they think would be appropriate for their members ...

Energy Super selects group insurer

MARK SMITH  |  MONDAY, 5 SEP 2016
... the fund for employees in the energy industry and their families. It is the current incumbent insurer for Energy Super's default group life and TPD plan, as well as its long term GSC offering. Suzanne Smith, general manager of MLC Group Insurance, said ...