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Showing 91 - 100 of 469 results for pension scheme

Rice Warner weighs in on Your Future, Your Super

KARREN VERGARA  |  THURSDAY, 14 JAN 2021
Rice Warner has made several recommendations to the Your Future, Your Super package of reforms that the government and superannuation industry should not overlook. Under the new stapling measure, Rice Warner has two areas of concern. The first is that ...

Super leaves gig economy behind

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... Actuaries Institute said. "These gig economy workers are more likely to be reliant on the government-funded Age Pension scheme to fund their retirement income." The Actuaries Institute called for more data to be collected to adequately address this and ...

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 ...