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Showing 91 - 100 of 467 results for %22M%26S Pension Scheme%22

Best super, pension fund revealed

JAMIE WILLIAMSON  |  THURSDAY, 3 DEC 2020
The best superannuation and pension funds have been named in the annual Money magazine Best of the Best Awards. In determining the awards, Rainmaker Information reviewed MySuper products, and asset classes that include growth, balanced, moderate (capital ...

Pension plan sued for expensive, active strategy

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
US-based Fidelity Investments has been caught up in a class action that alleges a major pension plan exposed members to risky, expensive actively-managed investments instead of allocating to safer passive options. The complaint, filed against Coca-Cola ...

Super needs improvement: Report card

KARREN VERGARA  |  WEDNESDAY, 21 OCT 2020
Australia's pension system has fallen short of its world-class status, according to a global study, which rated the $3 trillion superannuation industry a 'B'. The Mercer CFA Institute Global Pension Index ranked Australia fourth out of 39 ...

AMP awards mandate to BlackRock

KARREN VERGARA  |  TUESDAY, 20 OCT 2020
... move to a predominantly index-based strategy, including for clients in its NZ$6.2 billion KiwiSaver Scheme, the default pension for more than 200,000 members. AMP is one of the nine default providers to the scheme, appointed by the New Zealand government ...

Northern Trust scores $20bn mandate

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
... Northern Trust to provide asset servicing solutions, such as custody, financial reporting and analytics, to the M&S Pension Scheme, a defined benefit pension scheme of which M&SPT is trustee. The scheme has about £11 billion in assets, making it one ...

Half of UK pension funds seek buy-out

JAMIE WILLIAMSON  |  MONDAY, 12 OCT 2020
... pension funds are now targeting a buy-out as their long-term objective, new research shows. A survey of 100 DB pension scheme trustees by consultancy Hymans Robertson revealed the number of pension funds aiming for self-sufficiency has dropped markedly ...

Bravura to make $41m acquisition

ELIZA BAVIN  |  MONDAY, 12 OCT 2020
... offering and broadening its products and services. Delta is a UK software company that provides technology to power complex pension's administration in the UK market. Bravura said the acquisition helps to broaden its product suite. "Delta's products ...

Effects of ERS not so bad: Grattan

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
... said in line with Grattan's previous retirement modelling, many Australians will supplement their super with the age pension, so the impact for those who accessed ERS is not as bad as it may appear. "ERS played an important role. Obviously the risk ...

Budget commitment to aged care not good enough

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... and the investigation into serious incidents of misconduct in the aged care sector through a serious incident response scheme, with additional funding of $29.8 million. It also announced it would provide $10.6 million to connect younger people living ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... Retirement income review, CIPRs, Eligible Rollover Funds The budget did not extend the early release of superannuation (ERS) scheme past 31 December 2020. Adjusted drawdown rates for account-based pensions were also left untouched. There was also no ...