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Showing 821 - 830 of 1971 results for "Default"

Latest APRA stats show drop in super assets

MARK SMITH  |  TUESDAY, 24 MAY 2016
... MySuper assets increased to 7.7% to $452 billion in the period. APRA said this was aided by a decrease in the accrued default amounts. For the non SMSF sector benefit payments continue to grow faster than contributions. Payments were up 9.5% to $64.3 ...

Industry super fund establishes insurance company

DARREN SNYDER  |  MONDAY, 23 MAY 2016
... being our members' financial wellbeing partner for life, and our new insurance options will give our members sensible default cover and the flexibility to change their insurance as their life progresses and circumstances change," Pennisi said. Pennisi ...

FSC releases policy priorities for next parliament

ALEX BURKE  |  WEDNESDAY, 18 MAY 2016
... need for stronger financial services trade policies, increasing the superannuation guarantee to 12% by 2022, widening default superannuation choices, reducing "misaligned" life insurance incentives and simplifying Australia's taxation regime. Noting ...

Whitehelm Capital and Prime Super partner for bond investment

DARREN SNYDER  |  TUESDAY, 17 MAY 2016
... and defensive characteristics: Whitehelm has generated double digit returns over the course of sixteen years without a default on our book." Aunor operates under a 27-year concession granted by the Region of Murcia in May 1999, receiving shadow toll ...

APRA counts life insurance losses

KERRIE SYDEE  |  FRIDAY, 29 APR 2016
... margins were exposed through pricing that did not align with policy benefits. This was highlighted in a trend whereby default coverage increased in group life schemes, but the underlying premium rates did not increase, and in some cases fell, despite ...

AustralianSuper launches new SRI investment option

DARREN SNYDER  |  MONDAY, 18 APR 2016
... billion - or up to $3,024 per member - on fossil fuel equity investments in 2014 and 2015. Members of AustralianSuper's default option lost an estimated $848 each on fossil fuel investments over the same period, Market Forces said. "The announcement ...

No more tears?

BENJAMIN ONG  |  MONDAY, 18 APR 2016
Is it still April Fool's or what? We all know it's just for a day - the 1st of April - but exactly two weeks after, the sun is shining, the sky is blue and everything's looking wonderful for me and you. Yes Virginia, financial markets - or more accurately ...

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). ...