Default Fund Sample Clauses

Default Fund. The employer shall provide each employee and each new employee upon commencement of employment with information on the funds. The employee shall then have 28 days to complete the information required, the employer shall then forward the employee’s details to the employee’s choice of fund. In the event that the employee does not select a fund of their choice, the employer will then forward superannuation contributions to the default fund. The default fund for the purposes of this Agreement is HESTA or such other fund as determined by the employer at the time of registration of this agreement.
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Default Fund. CatholicCare Canberra & Goulburn shall provide each new employee upon commencement of employment with information on the default superannuation fund. The employee shall then have 28 days to complete the information required and CatholicCare Canberra & Goulburn shall then forward the employee’s details to the employee’s fund of choice. In the event that the employee does not select a fund of their choice, CatholicCare Canberra & Goulburn will then forward superannuation contributions to the default fund. The default fund for the purposes of this Agreement is Catholic Super subject to that fund offering a My Super product.
Default Fund. 19.1 With respect to the provision of the Services by LCH in respect of the Initial Products, LCH Members who wish to be LCH EnClear Clearing Members will contribute to the Exchange Fund Amount (“EFA”) of the Default Fund on terms identical to those on which other LCH Members contribute to the EFA.
Default Fund. The YWCA Canberra shall provide each new employee upon commencement of employment with information on the default fund. The employee shall then have 28 days to complete the information required and the YWCA Canberra shall then forward the employee’s details to the employee’s fund of choice. In the event that the employee does not select a fund of their choice, the YWCA Canberra will then forward superannuation contributions to the default fund. The default fund for the purposes of this Agreement is HESTA.
Default Fund. 31.3.1 The parties agree that AustralianSuper, or its successor fund, will be the nominated default fund for all eligible employees for term of this agreement. Eligible employees include all staff, current and new covered by this agreement. If an employee does not select a fund, Xxxxxx Xxxxx Health Service shall pay superannuation contributions in accordance with subclauses 31.1.2 and 31.1.3 for the employee into AustralianSuper, or it successor fund.
Default Fund. Sun Life is responsible for choosing the default fund for Your Plan from among the choices offered by Sun Life for the SunAdvantage my savings RRSP and TFSA.
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Default Fund. 12.3.1 An employee, who does not provide to the employer details of their preferred Fund, within twenty – eight (28) days of commencing employment with the employer, shall be enrolled by the employer in the employers default fund.
Default Fund a. Forfeitures shall be invested in the following Default Fund: [ ] Fidelity Money Market Trust: Retirement Money Market Portfolio [x] Other: Fidelity Freedom Income Fund
Default Fund. Change from regular to irregular pledge (transfer of title) SIX x-clear is required by its regulators to establish best market practice not only in terms of security but also with respect to practicality and efficiency of its contractual arrangements. Members acknowledged that the "transfer of title" concept is an accepted standard for the establishment of collateral arrangements in financial affairs. In addition, a uniform legal basis for all collateral components (Margins and all Default Fund Contributions) harmonises operational set-ups, reduces complexity and provides immediate access to the collateral items. Thus the transfer of title basis also supports SIX x-clear’s liquidity concept and facilitates an efficient usage of the collateral items for short term investments (see hereafter clause 2.3).
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