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Showing 1 - 10 of 3460 results for "Pension"

SMC says 'reckless' plan could cost taxpayers $1tn

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... still create a $300 billion cost to federal coffers across coming decades. The modelling - commissioned by the SMC - found pension costs could climb exponentially as those first home buyers start to retire with far less super and are forced to rely more ...

Stockspot plots entry into superannuation space

JAMIE WILLIAMSON  |  TUESDAY, 7 MAY 2024
... is planning to launch Stockspot Super later this year, first bringing an accumulation product to market, followed by a pension offering. At present, Stockspot has about $770 million held outside of super on its platform. Over the last five years, it ...

UniSuper outage continues, no cause identified

JAMIE WILLIAMSON  |  TUESDAY, 7 MAY 2024
... said the investments team has not been affected and has operated as normal throughout. Finally, UniSuper affirmed that pension payments have not been impacted by the outage and will continue as normal, with the next payment scheduled for May 15 and due ...

Super for housing 'economically reckless': SMC

ANDREW MCKEAN  |  WEDNESDAY, 1 MAY 2024
... pay more for a house, with a bigger mortgage, have less super at retirement, and pay more in taxes to fund a bloated age pension," Shubert said. "We urge a sensible rethink on any policy ideas that would undermine super." The SMC said that the current ...

Vanguard Super lowers fees

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... don't know what they pay in super fees and continue to be disengaged with their super." Vanguard recently launched its pension products - account-based pension SpendSmart and transition to retirement option TransitionSmart.

Crescent Wealth to merge into Russell Investments

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
... defensive assets, they won't be identical. Salaam will introduce three new superannuation strategies, alongside a pension product and a home-finance offering. Additionally, a range of products including SMSF property finance, a Hajj savings fund ...

Plenary Group sells 49% stake to ADQ

KARREN VERGARA  |  MONDAY, 29 APR 2024
... As part of the deal, ADQ will acquire shares from existing Plenary shareholders, including all those owned by Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ). CDPQ has invested more than $500 million in several Plenary projects ...

Future Fund deputy CIO jumps to Blue Owl

ELIZABETH FRY  |  FRIDAY, 26 APR 2024
Blue Owl Capital's hire of a top executive from the Future Fund has generated more interest in US firms vying for institutional business in Australia. Australia's sovereign wealth fund has confirmed the departure of deputy chief investment officer ...

Link shareholders approve takeover

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
... shared goals." The Trust Bank senior managing executive officer Takafumi Ihara said The Trust Bank is one of the largest pension and stock administration providers in Japan. "We truly believe the acquisition of Link Group will further enable MUFG to ...

Institutional investors eye increased exposure to Vietnam

ANDREW MCKEAN  |  WEDNESDAY, 24 APR 2024
Most pension fund managers and institutional investors plan to increase their exposure to Vietnam over the next three years, according to research from Dragon Capital. Dragon Capital, a Vietnam-focused investment firm reported that 96% of them expect ...
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