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Showing 781 - 790 of 1970 results for "Default"

Industry fund recovers millions in lost super

JAMIE WILLIAMSON  |  WEDNESDAY, 7 DEC 2016
... super and consolidating multiple accounts. Furthermore, having super deemed lost means a member could risk losing the default insurance coverage that super comes with." "There's over $11 billion nationally sitting in lost super accounts, and we are very ...

BMW caught on car loan failures

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2016
... suffered hardship due to BMW Finance's compliance failures between January 2011 and August 2016. The company will also remove default listings and buy back all debt sold to third parties to ensure that the written off loans are not subject to further ...

Infrastructure investment at risk from default super changes

DARREN SNYDER  |  TUESDAY, 22 NOV 2016
Industry Super Australia deputy chair John Brumby says changing the default superannuation system would pose threats to super fund inflows and lessen the opportunity to invest in nation building infrastructure. Speaking at The Superannuation Opportunity ...

Super assets up despite contributions dip

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2016
... of which is made up by MySuper products; a 13.6% increase. Meanwhile, there was a 23.7% drop in total assets in accrued default amounts to $39.6 billion. Total contributions for the September 2016 quarter were down 4.7% year on year to $23.2 billion ...

Super choice needs more than five minutes

JAMIE WILLIAMSON  |  MONDAY, 21 NOV 2016
... Australian's retirement savings is the fact that one in three SME owners spend less than five minutes selecting their employee's default super fund. This is the key takeout from a recent survey conducted by REST Industry Super, examining the attitudes ...

SelectingSuper announces super fund of the year

DARREN SNYDER  |  THURSDAY, 17 NOV 2016
... performance over the short, medium and long term. Rainmaker said: "In addition their insurance cost is very competitive at default level as are their fees and extra services such as financial planning and member engagement." UniSuper also collected the ...

Is default super dated?

DARREN SNYDER  |  TUESDAY, 8 NOV 2016
Industry representative groups still can't agree on the best step forward for Australia's default superannuation system. The Productivity Commission is examining alternative models for placing Australians into default superannuation products and begins ...

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 ...