default funds

Superannuation

Industry Super Australia has told the Productivity Commission it is wrong to suggest that being defaulted into a poor performing fund is the biggest risk....

Superannuation

The FSC has suggested removing the ‘default’ super option to give employees greater opportunity to choose their own super funds....

Superannuation

The default super system was created under significantly different circumstances in the 1980s and does not suit the current robust regulatory environment, according to De...

Superannuation

AIST has welcomed the digitalisation of superannuation choice forms, where a default fund must be named....

Superannuation

The default super fund selection debate needs to put members first and not shareholders, according to an AIST survey....

Superannuation

Default settings and member inertia are key drivers of positive retirement outcomes if there is a sensibly structured environment, according to a report....

Superannuation

The best default model is a hybrid of the employee and employer choice models from the Productivity Commission’s interim report, according to the FSC. ...

Superannuation

The Australian Institute of Superannuation Trustees believes long-term underperforming default funds should lose their default status....

Superannuation

The PC’s recommended default super changes would end the proliferation of super accounts and would reduce overall fees, according to IOOF....

Insurance

SuperRatings has warned that the exclusion of insurance from the Productivity Commission’s assessment has compromised its initial default super findings....

Superannuation

The Productivity Commission may have argued against making it a political battle, but Industry Super Australia and the Financial Services Council have dug in on opposing ...

Superannuation

The Productivity Commission has pointed to entrenched rent-seeking in the default super sector and recommended radical change, including a once-only allocation to default...

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 4 months ago
Kevin Gorman

Super director remuneration ...

1 year 4 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 4 months ago

A major super fund has defended its use of private markets in a submission to ASIC, asserting that appropriate governance and information-sharing practices are present in...

5 hours ago

A member body representing some prominent wealth managers is concerned super funds’ dominance is sidelining small companies in capital markets....

1 day 1 hour ago

While the latest quarterly CPI print exceeded expectations, most economists still anticipate a rate cut, especially amid growing downside risks to global growth stemming ...

1 day 1 hour ago