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Showing 811 - 820 of 1954 results for "Default"

Indigenous workers retire with 27pct less: research

DARREN SNYDER  |  MONDAY, 4 APR 2016
... income levels and historical asset returns continue over this investment period. Asset allocation is based on a typical default fund. According to the Australian Bureau of Statistics (ABS), indigenous average weekly earnings in 2015 were about 23% lower ...

Riskier glidepaths could be one retirement answer

DARREN SNYDER  |  TUESDAY, 29 MAR 2016
... most people's money goes away and rolls into an individual retirement account or is just cashed out and spent." She said default options have become important in America because "for the people who don't pick a default, their asset allocation [in target-date ...

Super the bedrock for multi-sector funds

DARREN SNYDER  |  THURSDAY, 24 MAR 2016
... AustralianSuper Balanced fund topped local multi-sector inflows during 2015, contributing $2.3 billion. This was followed by the default MLC MySuper option ($1.3 billion); the HESTA Super Core Pool ($1.2 billion); and the REST Super Core Pool ($1.1 billion). ...

AMMA adds voice to superannuation choice

KERRIE SYDEE  |  MONDAY, 21 MAR 2016
... choose between retail funds, industry funds and competing products, or to not exercise superannuation choice and stay in default arrangements," said Barklamb. Representing the not-for-profit sector, Industry Super Australia is unhappy the government ...

FSC salutes choice reforms, ISA calls for more transparency

ALEX BURKE  |  FRIDAY, 18 MAR 2016
The Financial Services Council has applauded new legislation to widen default superannuation fund choice, while Industry Super Australia has said more MySuper fund transparency is required. FSC chief executive Sally Loane supported the Superannuation ...

PC releases Efficiency and Competition Review issues paper

ALEX DUNNIN  |  THURSDAY, 17 MAR 2016
... can compound this," the PC's paper said. These concerns reinforce the special emphasis the PC review will give to how default workplace superannuation operates; although the government has no intention of abandoning MySuper, a reform that has already ...

Market slide widens super performance gap

ALEX BURKE  |  MONDAY, 14 MAR 2016
... superannuation funds, according to Rainmaker research. In the month to 31 January, the Rainmaker SelectingSuper workplace default option MySuper Index showed a 2.3% loss, consistent with the 6.1% drop in Australian equity markets, which pulled the rolling ...

Western AM says credit to be positive in 2016

DARREN SNYDER  |  THURSDAY, 10 MAR 2016
... disparity and where there is disparity investors should see opportunity." Buchanan added the highest cumulative five-year default rate for investment-grade corporates was just over 1% from 2008-2012. "The market is currently pricing in a default rate ...

Retirement income goal would solve super's issues: CSRI

DARREN SNYDER  |  MONDAY, 7 MAR 2016
An agreed income goal for Australia's retirement system would solve issues around superannuation's taxes and default schemes, as well as its cost and efficiency. This is the view in a new discussion paper by the Committee for Sustainable Retirement ...

Super hits $2 trillion

MARK SMITH  |  TUESDAY, 23 FEB 2016
... 49.3% of benefit payments. Administration and investment expenses grew in line with overall asset growth. Total accrued default amounts (ie balances yet to be transferred to MySuper) fell from $65.9 billion to $47.8 billion.