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Showing 91 - 100 of 732 results for "Pensions"

Link enters UK pension market

ANNABELLE DICKSON  |  THURSDAY, 25 NOV 2021
... plans to expand this over the next financial year. "Link Group has been at the heart of modernising the superannuation (pensions) industry in Australia and we are delighted to now bring this expertise, technology and solutions capability to the UK," ...

COVID-19 relief for SMSFs may require specialist input

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... 5%. In addition, the 50% temporary reduction in the minimum drawdown requirements for account-based and market-linked pensions has been extended. "These are all important measures that will help ease the stress on SMSFs, even as the pandemic hopefully ...

IOOF restructures technology division

ANNABELLE DICKSON  |  FRIDAY, 8 OCT 2021
... and $700.8 million from the wider IOOF business. This includes the first full 12 months of contribution from ANZ's Pensions and Investments business, and a month of MLC. Meanwhile, underlying NPAT grew 19% to $147.8 million. Reported net loss after ...

Link vows to fight class action

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... legal action which we hope will allow investors of the Woodford Equity Income Fund to get justice and their hard-earned pensions and savings returned to them." Link Fund Solutions acted as the fund's authorised corporate director, overseeing it on behalf ...

CMC Markets buys ANZ Share Investing

ANNABELLE DICKSON  |  FRIDAY, 17 SEP 2021
... activities is not material," ANZ said in a statement. As a part of its simplification strategy, ANZ divested OnePath Pensions & Investments to IOOF last year for $850 million.

Former super fund chief defends tenure

JAMIE WILLIAMSON  |  THURSDAY, 16 SEP 2021
... financial advice. "During my tenure, the NSW government began to privatise the state's public electricity assets. The pensions which members had earned through their employment were at risk of becoming unfunded as a result of the privatisation. I ...

APAC pension funds fastest growing: Study

JAMIE WILLIAMSON  |  TUESDAY, 7 SEP 2021
... region clocking the largest rate of growth last year despite COVID-19. New research from the Thinking Ahead Institute and Pensions & Investments shows the assets under management of those world's top 300 pension funds grew by 11.5% to total US$21.7 trillion ...

ABPs alone won't meet retirement income covenant: Knox

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
... David Knox says super funds won't be able to meet the Retirement Income Covenant's requirements via account-based pensions alone and will have to look at other solutions. The government's latest guidance on the Retirement Income Covenant ...

IOOF posts $143.5m loss for FY21

KANIKA SOOD  |  THURSDAY, 26 AUG 2021
... MLC and $700.8 million from the wider IOOF business. This includes the first full 12 months of contribution from ANZ's Pensions and Investments business, and a month of MLC. Underlying NPAT was $147.8 million (up 19%). Reported net loss after tax of ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
... including QSuper, Cbus, Sunsuper and BUSQ. Conversely, it wants disincentives (above a threshold) for retirees who take their pensions as a lump sum or leave them as a bequest. The paper supports some changes discussed in the Retirement Income Review ...