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Showing 101 - 110 of 176 results for "Defined contribution"

UK pensions not fussed about in-housing

MARK SMITH  |  FRIDAY, 3 JUN 2016
... heart." For all the talk of UK pensions exerting fee pressure on managers, in part due to the fee cap on defined contribution schemes' default funds, charges were only the fourth-most-significant factor for UK pensions when hiring managers. They are ...

Australia and UK to shape retirement landscape

DARREN SNYDER  |  MONDAY, 14 MAR 2016
... interesting picture. London-based Fraser said pension innovation in the UK currently seeks ideas from Australia's defined contribution system but that is going to turn around. He said the UK will hand down its 2016 budget during CMSF and the global pension ...

Public sector retirees angry over income exemption cuts

DARREN SNYDER  |  THURSDAY, 14 JAN 2016
Tens of thousands of public sector pensioners are learning the scale of changes to their defined benefit schemes that sees cuts to exemptions for the Centrelink pension income test. In June last year the federal parliament introduced a 10% cap on defined ...

Zurich appoints global life chief

ALEX BURKE  |  WEDNESDAY, 16 DEC 2015
... June 2012. He also became Zurich's UK country head in 2014. Prior to Zurich, he was managing director, UK defined contribution and retail at Fidelity Worldwide Investment. He has also held positions at Prudential Group, AXA, the Automobile Association ...

Target date funds just 3% US retirement assets

ALEX DUNNIN  |  MONDAY, 9 NOV 2015
... funds account for just 2% of Individual Retirement Accounts although they account for a larger 8% share of defined contribution funds established by employers. But in addition to retirement target date funds, the US mutual fund market also includes a ...

Aussie super funds in top 100

DARREN SNYDER  |  TUESDAY, 8 SEP 2015
... account for 67% of total assets among the world's top pension funds, down from 75% five years ago. During 2014 defined contribution (DC) assets grew the most, up by about 5%. Newfield said the two key drivers behind Australian growth were the net inflows ...

Failure to monitor ESG may breach fiduciary duty

LAURA MILLAN  |  FRIDAY, 4 SEP 2015
... fiduciary duty." The case started because the claimants thought the trustees of the Edison International defined contribution pension plan "acted imprudently by offering six higher priced retail-class mutual funds as plan investments when materially ...

Murray slams "silly suggestions"

MARK SMITH  |  TUESDAY, 11 AUG 2015
... publishing, Judith Fox, weighed in next. She said the equal representation model no longer makes sense under a defined contribution system because the employer does not have to meet liabilities. "Appointment of directors by a third party is entrenching ...

US fiduciary reforms will rock pension funds

ALEX DUNNIN  |  THURSDAY, 5 MAR 2015
... centres that provide information and general advice to fund members and employees, especially for smaller defined contribution (accumulation) plans. "If those conversations can't happen, that's a lot of people who are going to be knocking on the door ...

401(k) plans to reach $6trn by 2018

STAFF WRITER  |  MONDAY, 2 FEB 2015
Total private defined contribution (DC) assets in the US are expected to surpass $6 trillion in 2018, according to new research from global analytics firm Cerulli Associates. "Our projections indicate that, by the end of the decade, total private DC ...