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Showing 111 - 120 of 152 results for "Defined contribution"

Target setting works for super funds

ELISE BURGESS  |  TUESDAY, 24 JAN 2012
... research from bond fund manager PIMCO, which assessed strategies used by not for profit defined benefit and defined contribution default fund options. The research paper, Defined Contribution Funds: Target setting can pay off, rated the potential benefits ...

Australia's retirement system the most sustainable in the world

RACHEL DAVIS  |  MONDAY, 14 NOV 2011
... system is still a challenge. "Pay-as-you-go systems are moving towards funded systems, defined benefit towards defined contribution systems, and family support structures towards more formalised public systems," said Towell. "These are characteristics ...

European DC Pension market to hit A$3.7tr by 2015

ALEX DUNNIN  |  THURSDAY, 10 NOV 2011
... Cerulli said that while the European retirement savings market is still dominated by defined benefit plans, defined contribution assets are "stickier" and are growing faster. Making these of special interest to money managers is they are real funds containing ...

Deloitte boosts super practice

RACHEL DAVIS  |  THURSDAY, 22 SEP 2011
... superannuation industry consultant to its Sydney team. Russell Mason joins Deloitte's Sydney team from Mercer's defined contribution practice, where he was the Asia-Pacific head and leading the focus on industry funds in Australia. Deloitte's has also ...

Market plunge exposes system weakness: Cooper

MATT WOODINGTON  |  MONDAY, 8 AUG 2011
Friday's 4% stock market fall, which caused more than $20 billion to be wiped from superannuation account balances, further exposed Australia's over reliance on equities in retirement, said Jeremy Cooper, Challenger's chairman, retirement incomes. Superannuation ...

UK Pensions Regulator seeks fee transparency

ALISON BEVEGE  |  MONDAY, 11 JUL 2011
The UK Pensions Regulator is seeking management fee transparency in its defined contribution pension schemes. In response to a recent industry discussion paper, the regulator said it had received unanimous support that pension fund costs should be clear ...

Advisers not ready for super changes

ALISON BEVEGE  |  FRIDAY, 13 MAY 2011
Financial planners are unprepared for a superannuation system that is rapidly changing with the biggest problems not of their making, Jeremy Cooper said today. Cooper, the former head of the Superannuation System Review, told a packed ballroom of industry ...

Hungary nationalises private pensions

JOHN MCDULING  |  TUESDAY, 30 NOV 2010
The Hungarian government has effectively nationalised the private pensions of its citizens in an effort to plug holes in the country's finances. Confirming savers and foreign investors worst fears, the national economy minister, Gyorgy Matolcsy announced ...

Indian pension funds poised for growth

JOHN MCDULING  |  WEDNESDAY, 22 SEP 2010
... adequately funded. In 2004, the pension system for government employees shifted from "defined benefit" to "defined contribution" with the launch of the New Pension Scheme (NPS). In 2009, the NPS was opened up to the public, not just government employees ...

The future of super: Cooper

RUTH LIEW  |  FRIDAY, 3 SEP 2010
... Super funds looking more like banks, the transformation of advice as intra-fund advice takes flight, and defined contribution (DC) plans having their own regulatory arm - these are some of the outlooks for super over the next 10 to 20 years, according ...