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Showing 101 - 110 of 152 results for "Defined contribution"

CommInsure improves coverage for RBF members

LAURA MILLAN  |  FRIDAY, 3 MAY 2013
... changes to existing death, total permanent disability (TPD) and income protection products for members of RBF's defined contribution scheme, the RBF Tasmanian Accumulation Scheme. The product upgrade provides greater choice to members and will assist ...

Plans to close large UK defined benefit angers members

MARK SMITH  |  THURSDAY, 2 MAY 2013
... existing members. The company told staff it planned to move 2,300 employees currently in the scheme to a defined contribution pension, where payments are not guaranteed and depend on the performance of the underlying fund. Defined benefit schemes are ...

Australia becomes fourth largest pension pool

BEN COLLINS  |  MONDAY, 4 FEB 2013
... totaling US$1.6 trillion, Towers Watson said. Australia remains the country with the highest proportion of defined contribution (DC) assets relative to defined benefit (DB) assets at 81%, followed by the United States with 58%. There is, however, an ...

Lifecycle not the answer: Rice Warner

BEN COLLINS  |  TUESDAY, 27 NOV 2012
... the problems with Lifecycle funds are real, the benefits are also not understood, Graeme Mather, Mercer's defined contribution consulting leader recently told Financial Standard. Earlier this month Mercer executives spoke to members of the Funds Executives ...

Don't ignore Lifecycle Funds: Mercer

BEN COLLINS  |  TUESDAY, 13 NOV 2012
... under MySuper, said Mercer. Many people can't even tell you what a Lifecycle Fund is, Graeme Mather, Mercer's defined contribution consulting leader told Financial Standard. While many dismissed Lifecycle products after a slow uptake when they were offered ...

Active membership in UK occupational pensions waning

MARK STORY  |  THURSDAY, 20 SEP 2012
... 1991 and 8.1 million at the peak (in 1967). In the private sector there is a mixture of defined benefit and defined contribution schemes, but in the public sector all occupational pension schemes are defined benefit. The decline in the number of active ...

APRA updates MySuper FAQ guide

ALEX DUNNIN  |  THURSDAY, 12 JUL 2012
... single account can cover both MySuper and choice interests, just as it can cover both defined benefit and defined contribution interests." Fees charged to members of MySuper products must be the same regardless whether some members are in different lifecycle ...

Aust needs better PPP infra structures: Greiner

MELANIE TIMBRELL  |  WEDNESDAY, 11 JUL 2012
... $1bn commitment on Lend Lease's Barangaroo project announced this week. While Canada is shifting towards defined contribution (accumulation) plans, in 2008 the proportion of Canadians with defined benefit arrangement was as high as 77%, according to ...

Longevity forcing industry to adapt to thrive

BEN COLLINS  |  TUESDAY, 1 MAY 2012
... we need to do more work," said Howe. "A lot of techniques we use in defined benefit schemes can be used in defined contribution funds. "If you retire for thirty years, you will experience two or three downturns," said Howe. Howe said that currently ...

Member interests and employer choice paramount

ELISE BURGESS  |  TUESDAY, 10 APR 2012
... Work Australia." Within its recommendations, the FSC suggested that the choice of funds be extended to all defined contribution members, except where this results in an employer paying twice, if default funds continue to be listed in Modern Awards that ...