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Showing 1231 - 1240 of 3876 results for "Pension"

Industry fund appoints interim investment chief

HARRISON WORLEY  |  FRIDAY, 18 OCT 2019
... appointed to find Smith's permanent replacement. Kessell joins the fund with more than 20 years' experience managing pension scheme investments in Australia and the UK, including almost 10 years at Kinetic prior to its merger with Sunsuper in ...

CommInsure eyes deferred lifetime annuities

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... portfolio] in that they can elect to defer the income payment start date," he said. On July 1, the government extended age pension concessional benefits to a wider range of retirement income products. Lytas also thinks that DLAs could find use in developing ...

ASIC nudges robo-adviser to shutter

ELIZABETH MCARTHUR  |  FRIDAY, 18 OCT 2019
A digital advice firm has voluntarily shut down two robo-advice tools after ASIC raised concerns. Lime FS, a Sydney-based Australian financial services licensee, was running corporate authorised representatives Plenty Wealth, Plenty Plus and Lime Wealth ...

IOOF acquires OnePath at a discount

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
... "advice-led" wealth management business. In May ANZ announced it had agreed to transfer a partial economic interest of its pension and investments business and the legal ownership of its aligned dealer groups to IOOF in July last year. Under the agreement ...

Next decade of defined contributions crucial: Research

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
... story of evolutionary happenstance, rather than of working to a master design plan. DC has become the world's dominant pension vehicle, and work is needed if it is to live up to the responsibilities of that role," Collie added. "The next few years will ...

Fees down across asset classes: Report

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2019
... several years ago to re-evaluate their spending. "Improving value for money continues to be a huge priority among the pension funds and other asset owners we work with. We have seen a big increase in demand over the last year for more granular, tailored ...

Grattan modelling flawed, misleading: ISA

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
... would end up with less to support themselves and their family, while everyone would pay to support more people on the pension," he said. "There is no Australian evidence to support claims there is an equivalent trade-off between wages and super. This ...

Industry fund implements fee changes

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2019
... asset-based administration fee. Members will now pay 0.25% p.a - up from 0.15% p.a. - for accumulation, account-based pension and transition to retirement accounts. The change also applies to additional accumulation accounts of defined benefit members. ...

State Super to sponsor retirement income research

HARRISON WORLEY  |  WEDNESDAY, 9 OCT 2019
Celebrating its 100-year anniversary, the $44 billion superannuation fund will award scholarships for research into improving future retirement incomes. At an event at the New South Wales State Library in Sydney last night, State Super announced the ...

Future Fund chief most influential public investor

KANIKA SOOD  |  WEDNESDAY, 9 OCT 2019
Future Fund chief executive David Neal emerged as the most influential public investor on a global ranking of 100 executives in not-for-profit investing, which also featured nine superannuation fund executives. Public Investor 100, compiled annually ...