Search ResultsShowing 1 - 10 of 100+ results for "defined benefit"
Tasmanian super funds seek insurer
KANIKA SOOD  |  FRIDAY, 9 AUG 2019
... trustee of the Retirement Benefits Fund which has five sub-funds including SFCSS and TASSS. Both funds are defined benefit schemes that are closed to new members. SFCSS has 85 members and $33 million and the TASSS has $57 million and 116 ...
Irish pension funds reduce equity exposure
ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
... instead. Mercer's 2019 European Asset Allocation survey also shows average equity allocations for Irish defined benefit schemes have fallen to just 28%, down from 34% in 2018. Bond allocations remain at 50% while allocations to alternative ...
Super fund overhauls group insurance cover
KARREN VERGARA  |  WEDNESDAY, 12 JUN 2019
... is greater). Benefit periods for all income protection will change from three years to two years. Members in defined benefit, state or police accounts will also be affected by the changes if they leave their jobs. Queensland Government employees ...
Industry fund appoints advice GM
KANIKA SOOD  |  FRIDAY, 7 JUN 2019
... formerly the head of financial planning at the fund. Palmer will now be responsible for business development, defined benefit, financial planning, insurance and claims, product and accredited financial advisers. "Lisa has more than 15 years' ...
Final farewell for industry association
JAMIE WILLIAMSON  |  FRIDAY, 7 JUN 2019
... as a coalition of state bodies representing the interests of former public sector employees in receipt of a defined benefit pension as part of the now-closed Commonwealth Superannuation Scheme and Public Sector Superannuation schemes. In recent ...
Life expectancy declining: KPMG
KARREN VERGARA  |  WEDNESDAY, 15 MAY 2019
... in fact it has contracted for the fourth consecutive year. After analysing the mortality of UK retirees on defined benefit plans, the KPMG 2019 Pensions Accounting Survey found median life expectancy has fallen by 0.2 years for current ...
Superannuation funds flag $113bn merger
KARREN VERGARA  |  THURSDAY, 4 APR 2019
... members. Rainmaker executive director of research and compliance Alex Dunnin said the state of Victoria's defined benefit superannuation obligation (via its association of the Emergency Services and State Super schemes) hit $43.7 billion in ...
Up close and personal: Women in financial services
JAMIE WILLIAMSON  |  FRIDAY, 8 MAR 2019
... life. Exactly how much, he didn't know. After volunteers identified him as a public servant under an old defined benefit scheme, they traced $750,000 to his name and an outpouring of emotions erupts. Seeing lives change, Amanda Young says, is ...
Government consults on super legislation
HARRISON WORLEY  |  TUESDAY, 5 MAR 2019
... Alongside the legislative amendments the Government has proposed draft regulations to fix the valuation of defined benefit pensions under the transfer balance cap to reflect when pensions are permanently reduced following an initial higher ...
State Super appoints CIO
KARREN VERGARA  |  THURSDAY, 24 JAN 2019
... portfolios through market cycles. He also has a deep understanding of investment markets and actuarial and defined benefit issues, Livanas said. "I am also confident that Gary will integrate well in our culture, ensuring State Super continues to ...
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