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Showing 91 - 100 of 408 results for "Defined Benefit"

Australian Retirement Trust announces next merger partner

ELIZABETH MCARTHUR  |  THURSDAY, 3 MAR 2022
... competitive process sees us choosing to make a successor fund transfer into Australian Retirement Trust." APSS is a defined benefit plan with approximately $8 billion in assets and 28,000 members. The fund has been closed to new Australian Post employees ...

Link Group hires general manager for transformation

KARREN VERGARA  |  TUESDAY, 1 MAR 2022
... McGrath said. Link recently retained its administration services for the Victorian Schools Superannuation Fund's defined benefit funds following its merger with Aware Super. The merger finalised in November 2021, bringing together more than 200,000 ...

Schroders restructures team, appoints investments lead

JAMIE WILLIAMSON  |  FRIDAY, 25 FEB 2022
... also recently announced the acquisition of River and Mercantile, a UK-based leader in OCIO solutions in the UK Defined Benefit pension market, and we will be able to leverage this expertise in the Australian market to help meet client needs. "Designing ...

CBA Group Super overhauls service providers

JAMIE WILLIAMSON  |  TUESDAY, 25 JAN 2022
... over both functions from March. Meanwhile, Mercer - which has provided administration services to the fund's defined benefit divisions since 2013 - won the other two mandates. In taking on member administration, it replaces Colonial First State Investments ...

Aware Super retains Link

KARREN VERGARA  |  MONDAY, 17 JAN 2022
... Superannuation Fund following its merger with Aware Super. Aware will retain Link as the administration provider of VISSF's defined benefit funds. The Aware Super and VISSF merger finalised in November 2021, bringing together more than 200,000 members ...

Aon appoints head of wealth solutions

ELIZABETH MCARTHUR  |  THURSDAY, 13 JAN 2022
... She was previously a principal actuary, covering employee benefits consulting, including defined contribution, defined benefit, and long service leave benefits. Sweeney's previous role included providing actuarial advice and insights on benefit designs ...

Lutheran Super prepares for merger

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JAN 2022
... which also serves as administrator. The confirmation of its merger plans coincided with Lutheran Super closing its defined benefit division. The DB offering was wound up on December 31, with all DB members moved into the fund's accumulation division. ...

EISS Super finds merger partner in Cbus

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... merging. "Cbus' commitment to providing a shared future for all our members, including those invested in our defined benefit products was an important part of our decision," Tighe said. "Cbus' track record of strong investment performance coupled ...

£450bn in inflation-linked UK DB liabilities unmatched

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
... Capital, a specialist income manager, suggests that £450 billion of inflation‐linked liabilities belonging to UK defined benefit pension schemes are unmatched. Alpha's analysis showed that higher inflation risks have created demand for inflation-linked ...

Australia Post Super Scheme cuts premiums by 10%

ELIZABETH MCARTHUR  |  THURSDAY, 4 NOV 2021
... made across the fund's high growth, balanced and conservative options. It will also impact the employer-sponsored defined benefit portfolio. Strategic asset allocation to private equity went from 12% to 9% in the high growth, balanced and defined benefit ...