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Showing 81 - 90 of 365 results for "defined benefit"

Half of UK pension funds seek buy-out

JAMIE WILLIAMSON  |  MONDAY, 12 OCT 2020
About half of all UK defined benefit pension funds are now targeting a buy-out as their long-term objective, new research shows. A survey of 100 DB pension scheme trustees by consultancy Hymans Robertson revealed the number of pension funds aiming for ...

BlackRock wins $7.1bn mandate

KARREN VERGARA  |  FRIDAY, 11 SEP 2020
... manager-selection decisions across all asset classes for the Civil Aviation Authority Pension Scheme (CAAPS), a defined benefit scheme for workers in the aviation industry. BlackRock will build custom portfolios for the two constituents of the scheme ...

Aussie super funds climb ranks

JAMIE WILLIAMSON  |  TUESDAY, 8 SEP 2020
... Norway at $1.5 trillion. Elsewhere, WTW said defined contribution (DC) assets grew by 9.2% during 2019, while defined benefit (DB) assets increased by 7.1%. "DB funds account for 64.2% of the total AUM in the research, down modestly from 64.7% the previous ...

APRA reviews priorities in super

KARREN VERGARA  |  TUESDAY, 1 SEP 2020
... Furthermore, APRA said it will assess the impact of the evolving external environment on: liquidity and investment risk, defined benefit funds, the loss of member accounts, and the operational resilience of key service providers such as administrators. ...

New law backs choice of fund

KARREN VERGARA  |  WEDNESDAY, 26 AUG 2020
... exercise choice unless there are special factors, such as employer and member rights and obligations in regard to defined benefit funds," he said.

Commonwealth Super names new chief

ELIZABETH MCARTHUR  |  FRIDAY, 5 JUN 2020
... service and Australian defence force. "I am really looking forward to working at CSC. It is responsible for both defined benefit and defined contribution super schemes, and there will be significant challenges in every aspect of managing a large complex ...

Asgard, Future Super shamed on ERS

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... having 134 requests amounting to $700,000. A spokesperson for State Super (SAS Trustee Corporation) said that as a defined benefit fund it didn't have to participate in the COVID-19 early release payments. "Nevertheless, State Super voluntarily decided ...

UniSuper stares down job crisis

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
The industry superannuation fund for universities is the only defined benefit fund still open to new members in Australia, now it is grappling with how the sector has been decimated by COVID-19. The travel bans put in place around the world to curb ...

Industry fund reshuffles leadership

ELIZABETH MCARTHUR  |  TUESDAY, 12 MAY 2020
... cloud-based super and investments platform last year called OneTrust. OneTrust can manage a range of schemes, including defined benefit and defined contribution plans and features automated workflows.

APRA releases fund-level ERS data

JAMIE WILLIAMSON  |  MONDAY, 11 MAY 2020
... errors, verification of mismatches between member information held by the fund and provided by the ATO. Members of defined benefit schemes applications require additional processing, APRA said. The funds that received the lowest number of applications ...