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Showing 91 - 100 of 362 results for "defined benefit"

Is it time to lean on the Future Fund?

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... withdrawals, according to Oliver. "Future fund has a different mandate, for unfunded government liabilities across defined benefit schemes. It's not a superannuation fund but more like an offset fund for those unfunded liabilities. Bulk of people ...

Investment specialist joins sustainable fund manager

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... one year as a trustee director for the Towers Watson (Australian Staff) Superannuation Fund, which included both defined benefit and defined contribution sections. Prior to her tenure at Willis Towers Watson, O'Dea spent two and a half years with Frontier ...

Pension fund chief executive retires

JAMIE WILLIAMSON  |  THURSDAY, 12 MAR 2020
... The CalSTRS board has commenced a recruitment process for his successor. "We have demonstrated the value that a defined benefit pension plays in attracting and retaining California's quality public educators," Ehnes said, announcing his decision. "The ...

Retirement review goes off the rails

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
... superannuation contributions of members. The new system would see members split their super savings into two pools - a defined benefit scheme and a defined contribution scheme, creating a hybrid system. BetaShares senior investment specialist Roger Cohen ...

SG increase will hurt women: NFAW

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
... capitalised income stream," the submission said. "To some extent this seems to be consequential on the move from defined benefit funds that produced an income stream to accumulation funds that are perceived as an asset." The NFAW said the gender superannuation ...

BetaShares calls for universal pension

ELIZABETH MCARTHUR  |  TUESDAY, 4 FEB 2020
... pension, BetaShares proposes, would be partially funded by streaming a portion of compulsory super contributions into defined benefit schemes. "Australia is well-positioned to implement a best practice universal pension within its retirement income system," ...

Industry fund dumps Link

HARRISON WORLEY  |  THURSDAY, 30 JAN 2020
... Mercer." Chief executive of Mercer's Australian office, Ben Walsh, outlined Mercer's expertise in managing defined benefit schemes as an important factor in its offering to the industry fund. "AvSuper has a strong reputation for their robust ...

Better retirement income products needed

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JAN 2020
... having a reliable source income that will last for life is a key factor for worrying less, with those people with a defined benefit pension or a lifetime annuity reporting the lowest levels of worry. In perhaps disheartening news for financial advisers ...

Commonwealth Super mulls platform changes

KANIKA SOOD  |  MONDAY, 13 JAN 2020
Commonwealth Superannuation Corporation is considering making changes to how it administers about 570,000 defined benefit member accounts as its existing systems age. CSC has invited interested companies to submit proof-of-concepts for a core registry ...

Sunsuper, QSuper confirm merger talks

HARRISON WORLEY  |  TUESDAY, 5 NOV 2019
... agreed there are multiple issues to overcome. "QSuper is public sector and Sunsuper is private sector. QSuper is defined benefit, although being in surplus neutralises this issue somewhat. Defined benefit divisions would need to be quarantined," he said. ...