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Showing 811 - 820 of 1971 results for "Default"

Time to review MySuper effectiveness

DARREN SNYDER  |  FRIDAY, 1 JUL 2016
... and question whether it's the solution they were looking for. One of superannuation's largest reforms, the transition of default members to MySuper products, is now 12 months from its deadline and millions of members are expected to be transferred in ...

Super insurance premiums rise again

MARK SMITH  |  TUESDAY, 28 JUN 2016
... increases in the previous year, the total rise in premiums over two years is now more than 7%. For a 50-year-old taking up the default level of Death and TPD cover the annual cost would be about $5.50 per week, Rainmaker analysis shows. On a $100,000 ...

Military to get defined contribution super scheme

MARK SMITH  |  TUESDAY, 28 JUN 2016
... military will have a new defined contribution superannuation scheme from 1 July. From that date ADF Super will be the default fund for anyone joining the permanent Australian Defence Force. The fully-funded accumulation plan has an employer contribution ...

Lost super campaigns have much further to go

MARK SMITH  |  TUESDAY, 21 JUN 2016
... are considered 'lost' if no money has been added for 12 months and a member's fund does not have a current address. For default employer super plans, accounts are considered lost if no money has been added for five years. The survey also highlights how ...

Queensland super funds become public offer

DARREN SNYDER  |  MONDAY, 20 JUN 2016
... Announcing the legislative amendments on Thursday, Queensland Treasurer Curtis Pitt said QSuper and LGIAsuper will remain the default funds for state and local government public sector employees respectively. He added the current contribution rates will ...

Milliman awarded industry fund mandate

DARREN SNYDER  |  WEDNESDAY, 15 JUN 2016
Milliman's Managed Risk Strategy will be applied to an industry super fund's default MySuper option from 1 July in a move described as a turning point for superannuation. The $4.8 billion Maritime Super awarded Milliman the managed risk mandate that ...

Group insurance gets a makeover

DARREN SNYDER  |  TUESDAY, 14 JUN 2016
... key objectives - affordability to members, sustainability for the insurer over time, adequacy, and making sure that our default [insurance option] really was appropriate to the member's risks," Mercy Super chief executive Neil Sheppard says. Rainmaker ...

Super funds reverse poor start to 2016

MARK SMITH  |  MONDAY, 6 JUN 2016
The SelectingSuper workplace default option MySuper Index showed a positive 1.4% monthly return in April which, combined with the positive return in March, has effectively reversed the negative results for January and February. The positive month contributed ...

UK pensions not fussed about in-housing

MARK SMITH  |  FRIDAY, 3 JUN 2016
... the talk of UK pensions exerting fee pressure on managers, in part due to the fee cap on defined contribution schemes' default funds, charges were only the fourth-most-significant factor for UK pensions when hiring managers. They are mid-pack (sixth ...

ASFA recognises super challenge for PC

DARREN SNYDER  |  WEDNESDAY, 1 JUN 2016
... participants and level of competition means efficiency should be assessed in separate groups by splitting the choice and default (MySuper) segments. It also said SMSFs should be excluded from any assessment of operational efficiency. ASFA is advocating ...