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Showing 1201 - 1210 of 3876 results for "Pension"

IOOF continues leadership reshuffle

HARRISON WORLEY  |  FRIDAY, 20 DEC 2019
IOOF has made yet another change to its leadership, with two executives headed for the exit. The much anticipated IOOF senior management review initiated by new chief executive Renato Mota earlier this year has finally come to an end, with the wealth ...

Pension fund appoints new investment lead

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
A $228 billion US pension fund has appointed a new chief investment officer after 25 years at the fund. Jerry Albright is stepping down as chief investment officer at the Teacher Retirement System of Texas this month. He will continue to serve as senior ...

Cost savings, RC boost digital advice

JAMIE WILLIAMSON  |  MONDAY, 16 DEC 2019
One of the largest providers of SOAs has seen a significant rise in users, with the cost of super and pension investments dropping by up to 10 basis points on the back of digital advice. The Sargon Decimal annual Digital Insights report shows that between ...

Super sector to dominate by 2034

ALLY SELBY  |  MONDAY, 16 DEC 2019
... 31.5% of all assets to slightly less than 30% in the next 15 years. "The key reason [for this decline] is the increase in pension payments as the baby-boomers age and consume their benefits. There will also be a run-off of large SMSF funds as the current ...

Industry fund pushes for simpler super splitting

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
... they can't claim their share of super, for many women this means losing their only income in retirement beyond the age pension." HESTA and WLSV announced they are developing a streamlined and consistent process that all superannuation funds will be able ...

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
"As this prudent economy, which some people call Saving, is in private families the most certain method to increase an estate, so some imagine that, whether a country be barren or fruitful, the same method if generally pursued (which they think practicable) ...

Fee changes at industry super fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 DEC 2019
... property (0.05%) and international shares (0.03%). Cash will also get a fee cut of 0.03% per annum. Fees will also change for pension products, with the growth option getting a 0.23% per annum fee cut. Global property, premium income and global international ...

Sargon opens door to trustee tech

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... the company that has the potential to deliver a remarkable transformation across the entire industry. "The operation of pension and investment funds is inherently complex, and this complexity and its associated cost only continues to grow under an increasing ...

Fee cuts at super fund

KANIKA SOOD  |  MONDAY, 2 DEC 2019
... executive Steve Gibbs told Financial Standard. The changes came into effect December 1. The fee cuts also apply to two pension options, in addition to the above accumulation products. The cost of fee cuts Australian Ethical had $2.82 billion in funds ...

Don't over-interpret OECD super fee figures

HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
... an industry-wide debate over whether the system is cheap or not. Dunnin's comments come after the OECD published it's Pension Markets in Focus report at the end of October, which used APRA figures to declare Australian super members are charged just ...