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Showing 61 - 70 of 259 results for "Retirement System"

HESTA asks Retirement Income Review to consider ERS

KANIKA SOOD  |  FRIDAY, 19 JUN 2020
... due to hand in its report by July 24. The review, which has been pitched as the first holistic review of the retirement system will not made any recommendations. It is chaired by Treasury veteran Mike Callaghan and includes two other panelists in former ...

US pension funds approach point of no return

JAMIE WILLIAMSON  |  THURSDAY, 21 MAY 2020
... fund, DC Police & Fire, is 114% funded and has an asset-to-payout ratio of 54.8 years. Kentucky's Employee Retirement System ranks as the weakest fund, with just 2.5 years of assets to fund benefits. According to Kentucky's Bluegrass Institute ...

Pension fund chief executive retires

JAMIE WILLIAMSON  |  THURSDAY, 12 MAR 2020
... is set to retire after 18 years in the top job. Jack Ehnes, chief executive of the California State Teachers' Retirement System (CalSTRS) has announced his will retire later this year. Ehnes has served as chief executive of the $379 billion pension fund ...

Fight for MySuper advice fees kicks off

ELIZABETH MCARTHUR  |  TUESDAY, 3 MAR 2020
... doesn't mean that members in these products don't require the same advice and guidance to navigate our complex retirement system. "Advice is product agnostic and is a critical service that should ultimately provide peace of mind and confidence to members ...

Retirement review goes off the rails

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
... publicly, warning of the possible pitfalls to be had if discussions about the fundamental architecture of the retirement system were conducted privately. "I think it should all be out in public. I think if it's done behind closed doors you can end up ...

What SMSFs will look like in 2030

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... bigger focus in the industry on spending capital and celebrating outflows, saying that is the very point of a retirement system. He also said that he sees the future of SMSFs as being through platforms. "In exchange for giving up a bit of your privacy," ...

CalPERS investment lead targeted by Congressman

HARRISON WORLEY  |  FRIDAY, 14 FEB 2020
... the Federal Office of Foreign Asset Control's list of prohibited companies. "The California Public Employees' Retirement System (CalPERS), like state pension funds across America, relies on global investments to generate a 7% return that is needed to ...

Industry butt heads over super guarantee

ALLY SELBY  |  THURSDAY, 13 FEB 2020
... landscape in Australia, driven by the "gig economy", could put many Australians at risk of falling outside of the retirement system. It argues the gig economy will see everyday Aussies retiring with much less. "The gig economy... creates a new set of ...

Retirement income review must focus on women: KPMG

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
... reducing the impact on the age pension by incentivising an increase to contributions. "If we could draw up the retirement system with a blank sheet of paper, no doubt we would include provisions that redress the unequal contribution that women make to ...

BetaShares calls for universal pension

ELIZABETH MCARTHUR  |  TUESDAY, 4 FEB 2020
... funded at sustainable levels. "Despite this, a full or partial universal pension is a successful part of the retirement system in many countries including The Netherlands, New Zealand and some Nordic countries."