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Showing 51 - 60 of 365 results for "defined benefit"

CBA Group Super overhauls service providers

JAMIE WILLIAMSON  |  TUESDAY, 25 JAN 2022
... over both functions from March. Meanwhile, Mercer - which has provided administration services to the fund's defined benefit divisions since 2013 - won the other two mandates. In taking on member administration, it replaces Colonial First State Investments ...

Aware Super retains Link

KARREN VERGARA  |  MONDAY, 17 JAN 2022
... Superannuation Fund following its merger with Aware Super. Aware will retain Link as the administration provider of VISSF's defined benefit funds. The Aware Super and VISSF merger finalised in November 2021, bringing together more than 200,000 members ...

Aon appoints head of wealth solutions

ELIZABETH MCARTHUR  |  THURSDAY, 13 JAN 2022
... She was previously a principal actuary, covering employee benefits consulting, including defined contribution, defined benefit, and long service leave benefits. Sweeney's previous role included providing actuarial advice and insights on benefit designs ...

Lutheran Super prepares for merger

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JAN 2022
... which also serves as administrator. The confirmation of its merger plans coincided with Lutheran Super closing its defined benefit division. The DB offering was wound up on December 31, with all DB members moved into the fund's accumulation division. ...

EISS Super finds merger partner in Cbus

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... merging. "Cbus' commitment to providing a shared future for all our members, including those invested in our defined benefit products was an important part of our decision," Tighe said. "Cbus' track record of strong investment performance coupled ...

£450bn in inflation-linked UK DB liabilities unmatched

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
... Capital, a specialist income manager, suggests that £450 billion of inflation‐linked liabilities belonging to UK defined benefit pension schemes are unmatched. Alpha's analysis showed that higher inflation risks have created demand for inflation-linked ...

Australia Post Super Scheme cuts premiums by 10%

ELIZABETH MCARTHUR  |  THURSDAY, 4 NOV 2021
... made across the fund's high growth, balanced and conservative options. It will also impact the employer-sponsored defined benefit portfolio. Strategic asset allocation to private equity went from 12% to 9% in the high growth, balanced and defined benefit ...

Aviva Investors names credit lead, offloads US team

JAMIE WILLIAMSON  |  TUESDAY, 28 SEP 2021
... expanding our strategy offerings and capabilities further into the institutional marketplace, with a special focus on defined benefit and liability-driven investing," Desai said. "I look forward to working with Josh and the team to bolster and differentiate ...

Former super fund chief defends tenure

JAMIE WILLIAMSON  |  THURSDAY, 16 SEP 2021
... Hutchison said. "This is untrue." Hutchison served as chief executive of EISS Super since 2012, at which time the defined benefit sub-plan had a funding deficit. He said that deficit was erased under his leadership. He went on to say that during his ...

EISS Super chief executive exits

KANIKA SOOD  |  FRIDAY, 10 SEP 2021
... during the unprecedented restructuring of the electricity industry in NSW and ensuring the funding position of the defined benefit fund was returned to surplus." The fund's MySuper option has underperformed the median option to July end over one, three ...