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Showing 91 - 100 of 301 results for "Retirement System"

Give the people advisers: Retirement Income Review

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
The first comprehensive review of Australia's retirement system has acknowledged that affordable financial advice is what people need to navigate the retirement system. After the Royal Commission exposed deep flaws in Australia's financial advice ...

Fifth pillar in retirement system considered

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
The Retirement Income Review (RIR) has discussed the possibility of a fifth pillar in Australia's retirement income system based on a suggestion from the World Bank in 2008. The review noted that currently Australia has three pillars: the Age Pension ...

Franklin Templeton shuffles distribution team

ELIZABETH MCARTHUR  |  MONDAY, 9 NOV 2020
... for learning and improvement, with lessons that can be shared globally, particularly around our world-class retirement system," Harrison said. "Global scale and reach are important, but this becomes even more powerful when combined with local market ...

Stapling equals accountability: Hume

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
... that the highly-anticipated Retirement Income Review is a comprehensive analysis of the three pillars of the retirement system and will not offer recommendations. She stayed mum about when the final report will be released other than it is still "sitting ...

Pension funds sue Allianz Global Investors

KARREN VERGARA  |  TUESDAY, 29 SEP 2020
... engaging in risk-taking behaviour and losing billions of dollars in retirement savings. The Arkansas Teacher Retirement System (ATRS) was the first pension fund to file a complaint in July, alleging that Allianz GI failed its stewardship over the now-defunct ...

Global pension fund doubles down on APAC

JAMIE WILLIAMSON  |  MONDAY, 21 SEP 2020
... INR, APAC Bruce Crane. Crane was appointed to the role last month, joining from the Ontario Municipal Employees Retirement System (OMERS) where he was managing director, infrastructure. "Asia Pacific offers numerous emerging and developed markets across ...

CalPERS scrutinises CIO personal investments

KARREN VERGARA  |  THURSDAY, 17 SEP 2020
The California Public Employees' Retirement System wants to impose tighter rules that will scrutinise and ultimately dispose the investments chief's personal holdings should conflicts of interest arise. The board of CalPERS is set to introduce ...

Superannuation critical to economic recovery

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... superannuation on ideological grounds, thereby shrinking the economy - despite the evidence that Australia's retirement system is the envy of the modern world," he said. It comes as the Master Builders Association has pushed for a proposal for the early ...

CalPERS chief investment officer resigns

JAMIE WILLIAMSON  |  FRIDAY, 7 AUG 2020
... Federal Office of Foreign Asset Control's list of prohibited companies. "The California Public Employees' Retirement System (CalPERS), like state pension funds across America, relies on global investments to generate a 7% return that is needed ...

US pension funds form trading alliance

ALLY SELBY  |  FRIDAY, 24 JUL 2020
... activity in the securities lending and repo markets to benefit asset owners. California Public Employees' Retirement System (CalPERS), Healthcare of Ontario Pension Plan (HOOPP), Ohio Public Employees Retirement System (OPERS), and State of Wisconsin ...