Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 831 - 840 of 1954 results for "Default"

Treasurer commits to improve after-fee super returns

DARREN SNYDER  |  FRIDAY, 27 NOV 2015
... assess the efficiency and competitiveness of the superannuation system - and to develop alternative models for allocating default or MySuper fund members to products. The government will also soon release draft exposure legislation for public consultation ...

CIPRs not the entire answer for retirement

DARREN SNYDER  |  FRIDAY, 27 NOV 2015
... silver bullet when attempting to create a CIPR for separate cohorts of super members. "In setting up any CIPR, nudge, soft default - call it what you will - towards a particular product in retirement involves hindsight risk for the trustee. That is ...

Super funds should engage in pub theory

DARREN SNYDER  |  THURSDAY, 26 NOV 2015
... as not worth incurring even when the probable outcome is excellent." Sunstein said disclosure of information, warnings, default rules, drawing attention to social norms, and reminders were all "nudges." However, a jail sentence, a fine, a subsidy or ...

SelectingSuper awards super fund of the year

ALEX BURKE  |  WEDNESDAY, 18 NOV 2015
... which Rainmaker's statement said "[reflects] its complete low-cost offering and strong, consistent performance across its default MySuper option, its diversified and asset specific investments as well as its sharply priced insurance cover." This is HOSTPLUS's ...

OPINION: Super is Murray's big rock

ANDREW BRAGG  |  WEDNESDAY, 18 NOV 2015
... loophole will mean that all Australians can choose their own super fund. Another fly in the ointment is the $10 billion default fund "MySuper" market where the industrial relations club has not been subject to competition. With the average super fund ...

AB calls for three-stage CIPR

DARREN SNYDER  |  WEDNESDAY, 18 NOV 2015
... management and research firm AllianceBernstein (AB) believes there is an appropriate three-stage approach that can form a default comprehensive income product for retirement (CIPR). The three-stage approach is based around a delayed annuity purchase. ...

O'Dwyer outlines government superannuation push

LAURA MILLAN  |  MONDAY, 16 NOV 2015
... to assess the efficiency and competitiveness of the superannuation system, as well as alternative models for allocating default fund members to products. Later, the Commission will be asked to review the efficiency and competitiveness in the system using ...

StatePlus talking to super funds of all sizes

DARREN SNYDER  |  MONDAY, 16 NOV 2015
... Panaretos said. "But the fact they do know when they get to age 65, this big lump sum has accumulated means they are, by default, trusting the organisation that's been managing that for them. So there's trust there. "The super funds are in this privileged ...

Banks to follow NAB's life insurance exit

ALEX BURKE  |  FRIDAY, 13 NOV 2015
... the LIF's impact on the industry will be "significant," predicting that "maximum commissions will become the standard default commission across the industry." "Many life agents will moan about the reduction in upfront commissions but smart dealer groups ...

FEATURE: The circle of life

DARREN SNYDER  |  MONDAY, 9 NOV 2015
As the transition to MySuper continues, lifecycle funds are becoming a popular default investment option. Darren Snyder explores this evolving market. Earlier this year a joint paper by AustralianSuper and the Australian Institute of Superannuation ...