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Showing 821 - 830 of 1954 results for "Default"

Productivity Commission should focus on Choice underperformance: AIST

ALEX BURKE  |  FRIDAY, 19 FEB 2016
... Review will not be completed until the next term of government, the Government needs to address the current hiatus on default fund selection and let the Fair Work Commission get on with the work it has been tasked to do by Parliament. The more this process ...

PC to lead another inquiry into super

ALEX DUNNIN  |  THURSDAY, 18 FEB 2016
... the latest administration to announce a superannuation inquiry to investigate efficiency of the system and review how default funds are selected. A statement jointly released by Treasurer Scott Morrison and Assistant Treasurer Kelly O'Dwyer said: "We ...

US growth stable due to resilient consumer-base

ALEX BURKE  |  FRIDAY, 12 FEB 2016
Growth in the US economy will remain stable at 2% due to resilient consumption and parity between labour costs and productivity, according to Principal Global Investors chief global economist Bob Baur. Speaking at the 2016 Financial Standard Chief Economists ...

Lifecycle funds startlingly varied

MARK SMITH  |  MONDAY, 25 JAN 2016
... based on their age and other permitted factors including balance, gender and time to retirement; are allowed to opt as the default MySuper option. The analysis found that life cycle funds represent around a third of all MySuper funds under management ...

Minimum withdrawal rates act as default: CSIRO

DARREN SNYDER  |  MONDAY, 18 JAN 2016
Research from CSIRO says minimum account-based pension withdrawal rates are acting as a conservative default that sees retirees exceeding needs to self-insure their financial longevity. CSIRO behavioural economics and superannuation decision-making ...

Choice of super fund won't always work: REST

DARREN SNYDER  |  FRIDAY, 8 JAN 2016
... that if choice of fund was available to all employees, the cost to employers in both time and money spent administering default choices "could prove unbearable for many small employers already struggling under adverse market conditions and be an unnecessary ...

Cbus Royal Commission findings impact industry

DARREN SNYDER  |  WEDNESDAY, 6 JAN 2016
... into Trade Union Governance and Corruption will fuel heated debates on superannuation trustee governance, selection of default super funds, and trade union relationships with industry super funds. In his scathing final report, Commissioner Dyson Heydon ...

MySuper assets rise strongly

MARK SMITH  |  MONDAY, 14 DEC 2015
... assets has doubled, growing from 4% in 2014 to 8% in 2015. This dominance by NFP is driven primarily by the transferring of default account balances by NFP funds, Rainmaker said. In contrast, retail funds have typically set up new MySuper products rather ...

UniSuper develops retirement product

LAURA MILLAN  |  THURSDAY, 10 DEC 2015
... sequencing risk. The comprehensive income product for retirement (CIPR) is designed to provide members with access to a default lifetime pension on retirement and greater flexibility during the accumulation phase. The development of the option follows ...

Default super should have base ESG standard: RIAA

DARREN SNYDER  |  MONDAY, 7 DEC 2015
Responsible Investment Association Australasia (RIAA) is calling for default superannuation investments to include a base level of environmental, social and governance (ESG) standards. In its latest discussion paper RIAA has proposed MySuper products ...