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Showing 1 - 10 of 3464 results for "Pension"

Seven fund managers scoop up First Sentier mandates

KARREN VERGARA  |  MONDAY, 20 MAY 2024
... UFJ Financial Group subsidiary finalised its acquisition of Link Group, which sees the rebirth of the latter into MUFG Pension and Market Services. Link also delisted from the ASX on May 17.

Link Group rebrands as acquisition completes

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2024
Link Group will now be known as MUFG Pension and Market Services, following the implementation of the scheme of arrangement with Mitsubishi UFJ Trust and Banking Corporation, a subsidiary of Mitsubishi UFJ Financial Group. The business comprises two ...

CalSTRS appoints chief investment officer

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
... Cassandra Lichnock. The appointment concludes CalSTRS's global search for a successor to Ailman, under whose leadership the pension fund's investment portfolio grew from US$109.6 billion to $317.8 billion. In his new role, Chan will be responsible for ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
Support will be boosted for Australians facing acute and urgent financial pressures with $138 million to meet sustained high demand for crisis support including emergency relief, food relief and financial support services. Treasurer Jim Chalmers announced ...

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 ...
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