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Showing 91 - 100 of 176 results for "Defined contribution"

Jeremy Cooper explores the inconvenient truth of super

ALEX BURKE  |  MONDAY, 20 NOV 2017
... "We need to enhance the model, which is what the MyRetirement reforms are asking us to do." Cooper said the defined contribution model has "no structure to the drawdown phase," arguing that flexibility is prioritised over risk management and income sustainability. ...

Tracing super back to 1517

ALEX BURKE  |  THURSDAY, 7 SEP 2017
... McFarlane joked would likely have been tweeted in 2017 instead of nailed to a door - represented an embryonic defined contribution scheme. Making another historical comparison, McFarlane cited the inability of Tsarist Russia to anticipate the October ...

Aussie super funds increase world ranking

EMMA RAPAPORT  |  TUESDAY, 5 SEP 2017
... Japan and Australia (both 16). Defined benefit (DB) assets increased by 5.6% in 2016, compared to 9.6% for Defined Contribution (DC) plans, 3.9% for reserve funds and an increase of 2.9% for hybrid funds. Top 10 pension funds (US$ millions) Rank Fund ...

Victorian DB liabilities hit $44bn

ALEX DUNNIN  |  WEDNESDAY, 3 MAY 2017
... vindicates the state's transition, albeit a slow transition compared to other Australian states or territories, to defined contribution accumulation superannuation plans which now consume 71% of Victorian state government annual superannuation net cash ...

Russell Investments secures $1.9bn mandate

EMMA RAPAPORT  |  WEDNESDAY, 19 APR 2017
... state-owned Retirement Benefits Fund (RBF). Last month the fund finalised its merger with Tasplan, transferring its defined contribution and defined benefit members. Tasplan now has $7.6 billion in funds under management and more than 165,000 members. ...

Australian pension market grows

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2017
... 2016 - a growth of 4.3% in 12 months. Total pension assets in these markets account for 62% of their GDP. Defined contribution assets now amount to over 48% of global pensions assets compared to 41% in 2006, resultant of a growth rate of 5.6% over the ...

Pillar sold to Mercer

DARREN SNYDER  |  FRIDAY, 2 DEC 2016
... Mercer has a strong track record in superannuation administration services with expertise in defined benefit, defined contribution and hybrid administration. She understands Mercer intends to create a Centre of Excellence Hub in the Illawarra region ...

Rethinking risk through goals-based investing

ALEX BURKE  |  TUESDAY, 13 SEP 2016
... the system really was developed focusing on accumulation," she says. "And now it needs to be developed. Our defined contribution system has the advantage of being pre-funded, which is significant as it gives the system a lot of inherent flexibility. ...

LGIAsuper and Bravura extend partnership

DARREN SNYDER  |  MONDAY, 4 JUL 2016
... using Sonata," Todd said. The LGIAsuper Sonata implementation project will commence later this year for both defined contribution and defined benefit plans.

Military to get defined contribution super scheme

MARK SMITH  |  TUESDAY, 28 JUN 2016
People joining the military will have a new defined contribution superannuation scheme from 1 July. From that date ADF Super will be the default fund for anyone joining the permanent Australian Defence Force. The fully-funded accumulation plan has an ...