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Showing 841 - 850 of 1971 results for "Default"

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 ...

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 ...