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Showing 1221 - 1230 of 1661 results for "Workers"

Dutch pension fund files against GSAM

MELANIE TIMBRELL  |  TUESDAY, 10 JUL 2012
The Dutch transport workers' pension fund Pensioenfonds Vervoer has filed claims against ex-manager Goldman Sachs Asset Management International alleging negligence resulting in investment losses. Lawyers for the pension fund said the claims total 240 ...

It's more fun in the Philippines

BENJAMIN ONG  |  TUESDAY, 10 JUL 2012
... investment - particularly, the outsourcing market - and growing remittances (and investments) from overseas-based Filipino workers. Credit goes to President Benigno Aquino III - elected just over two years ago - and his efforts to rid the country of ...

Former Ansett workers get $16m super payback

LINDA HAUSKEN  |  MONDAY, 2 JUL 2012
A decade after the collapse of Ansett, Australia's second largest airline at the time, former workers have finally been paid $16 million in super entitlements. Ten years ago the airline's 11,000 workers had their superannuation entitlements frozen after ...

Wins and losses in PC default super report

ALEX DUNNIN  |  FRIDAY, 29 JUN 2012
... role it's hardly likely they'll welcome a new role of becoming a super fund selection arbiter for millions of Australian workers. Option four has similarly moral hazard problems as option three no matter what claims of independence the PC tries to concoct. ...

Perpetual to slash 40% of workforce

BEN COLLINS  |  MONDAY, 25 JUN 2012
... and duplication in the company's processes will be reduced, with 150 full time positions outsourced, and a further 145 workers cut. The restructure will include the sale of mortgage processing business Perpetual Lenders Mortgage Services (PLMS), which ...

Older Australians delaying retirement

BEN COLLINS  |  WEDNESDAY, 20 JUN 2012
... of delaying retirement by 20%, three quarters of people aged between 50 and 85 have cut back spending and that 68% of workers say their greatest financial concern is that their savings won't keep up with inflation. Sixty per cent of those who moved to ...

PM rejects lifting retirement age to 70

ALEX DUNNIN  |  FRIDAY, 8 JUN 2012
... retirement age would only make it worse. "Forget the theory and deal with the realities of today,'' he said. "Currently workers over 50 are competing on an uneven playing field."

MLC model shows social benefit of Budget

MELANIE TIMBRELL  |  TUESDAY, 5 JUN 2012
Impending tax and superannuation changes will benefit the majority of Australian workers, according to MLC, which has conducted modelling showing the impact on a range of salary brackets. "If we assume all proposals become legislated, our analysis shows ...

Still a guessing game

BENJAMIN ONG  |  TUESDAY, 5 JUN 2012
... weakening A$, could raise inflation fears. Hold fire. The mining sector continues to boom - heck, they're even running out of workers so that Gina has to import more than 1700 to work in her mines. And it's also better for the RBA to keep its powder ...

"If it becomes necessary" time?

BENJAMIN ONG  |  MONDAY, 4 JUN 2012
... reading from the US non-farm payrolls report. But we did not. Economists missed big time. US businesses hired only 69,000 workers, almost half the 150,000 predicted by the experts. What's more, 49,000 jobs disappeared in March and April after revisions. ...