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Showing 781 - 790 of 1954 results for "Default"

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 ...

How super investment option fees vary

MARK SMITH  |  FRIDAY, 2 SEP 2016
... account for around half of the total fees paid by members. However this is based on the average member who remains in the default investment option (around 40%). There are a range of members who elect to choose their own option, and for these members ...

MySuper insurance widely misunderstood

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2016
... MySuper would look like if they could design the ideal product. TAL general manager, group insurance Jenny Oliver said default is an amazing gift that provides millions of Australians with cover "so we've got to do the best we can with it." "My own personal ...

Industry fund inks MetLife mandate

DARREN SNYDER  |  TUESDAY, 16 AUG 2016
... families in the case of death. "We understand that insurance through superannuation is often the only cover people have, so default arrangements need to meet the majority of members' needs as well as have the flexibility to be tailored to meet specific ...

BUSSQ sees C-suite expansion

DARREN SNYDER  |  WEDNESDAY, 10 AUG 2016
... According to the July Rainmaker Benchmarking report, BUSSQ placed on top for performance across the Workplace (MySuper default option), Personal (balanced), and Retirement (balanced) fund options over the 12 months to end April 2016. BUSSQ targets a ...

Super funds return three per cent

MARK SMITH  |  TUESDAY, 9 AUG 2016
... Superannuation funds have returned an average of 2.9% for the 12 months to 30 June as measured by the SelectingSuper workplace default option MySuper Index, propped up by property and fixed income. The SelectingSuper workplace default option MySuper ...

VicSuper chief wins FEAL award

MARK SMITH  |  THURSDAY, 4 AUG 2016
... planning and contribution to the market place. Dundon was recognised for overseeing the strong growth of VicSuper, the default fund for the Victorian public sector, which manages $16 billion on behalf of 240,000 members and 25,000 employers. He has been ...

Economic Wrap

ALEX DUNNIN  |  WEDNESDAY, 3 AUG 2016
... fallen to three-month lows. It is estimated that about 10% of the A$5.5 trillion in loans to oil companies is at risk of default. UK inflation climbs... to 0.5 pct Australia economy watchers might be taken aback by our 1% inflation rate but the UK is ...

Competition not super's silver bullet: PC

DARREN SNYDER  |  TUESDAY, 2 AUG 2016
... role in modern awards. In 2012, the Commission was tasked with designing criteria for the selection and assessment of default superannuation funds in modern awards. The Commission found the arrangements could be improved to ensure selection was based ...

Retirement system needs work: Actuaries

DARREN SNYDER  |  THURSDAY, 28 JUL 2016
... Close to 50% of pensioners seem cautious and draw the regulated minimum from their accounts, underlining the importance of default mechanisms in superannuation. This is true for all types of funds. Approximately 400,000 accounts, totalling $22 billion ...