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Showing 1051 - 1060 of 3876 results for "Pension"

Vision Super revises investment strategy

ELIZA BAVIN  |  TUESDAY, 25 AUG 2020
... members, Vision's conservative and balanced options will have a new objective of CPI + 1.5% down from CPI + 2.5%. For pension members in a conservative option, the objective has been changed to CPI + 2%, down from CPI +3.5%. For the balanced option ...

Macquarie introduces new wrap cash fee

ELIZABETH MCARTHUR  |  TUESDAY, 25 AUG 2020
... impact users of Macquarie Wrap, which has a cash account through which all transactions including super contributions, pension payments, fees and charges are processed. The cash account already had an investment fee of 0.44% per annum, which will continue ...

Challenger launches new lifetime annuity

KANIKA SOOD  |  MONDAY, 24 AUG 2020
... option maintains substantial estate and withdrawal benefits, and for asset test affected clients it could improve Age Pension eligibility and outcomes. "This is a smart new defensive solution for providing income certainty, particularly given current ...

Northern Trust launches ESG capability

ALLY SELBY  |  FRIDAY, 21 AUG 2020
... capabilities to now include key environmental data categories. Northern Trust's clients, many of which are asset owners such as pension and super funds, will now be able to analyse specific environmental risk indicators for their investments. A Northern ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
... products for which BT was trustee and Asgard served as custodian and administrator. These include the Asgard Infinity eWRAP Pension Account, the Asgard Infinity eWRAP Super Account, the Asgard Superannuation Account and the Asgard Employee Superannuation ...

Platform business in administration

KANIKA SOOD  |  THURSDAY, 13 AUG 2020
... Wealthtrac from Spitfire in a management buyout in April, funded by debt. "Wealthtrac's business is primarily super and pension, and Spitfire put on the backburner developing a super product, which is what we needed for the advisers," Johnson told Financial ...

HESTA consolidates investment options

JAMIE WILLIAMSON  |  WEDNESDAY, 12 AUG 2020
... changes, with the fund opting to close its Defensive option, impacting HESTA Retirement Income Stream and Term Allocated Pension members. All those invested in the option will be transferred to the Conservative option The Transition to Retirement Income ...

AIST veteran tenders resignation

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
... includes global conferences and international study tours involving speakers from around the world, as well as a global pension day for Australian and offshore pension funds. She also was responsible for redesigning AIST's SuperGrad annual internship ...

ISA, Grattan find common ground

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
... found that millions who accessed the COVID-19 ERS scheme, and don't top up their savings, will be more reliant on the pension and still have less income in retirement. In response, ISA said they agree with those findings and claim the prospect creates ...

Macquarie to transfer legacy pension product

KANIKA SOOD  |  MONDAY, 10 AUG 2020
Macquarie will transition pension members in its legacy SuperOptions product to a wrap style pension product, in a bid to lower administration fees and expand the investment offering. Macquarie closed the SuperOptions product to new members in June ...