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Showing 111 - 120 of 3460 results for "Pension"

OTPP, PGGM chief investment officers resign

JAMIE WILLIAMSON  |  WEDNESDAY, 20 SEP 2023
The Ontario Teachers' Pension Plan (OTPP) will farewell its chief investment officer at the end of the year, as will Dutch pension fund manager PGGM. Overnight, OTPP chief investment officer Ziad Hindo announced he will leave the fund at December ...

Older Aussies are retirement illiterate: Survey

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
Australians are pension-phase illiterate and blame the complex superannuation system for not understanding the basics about retirement, a new survey shows. A whopping 70% of 50-year-olds and over canvassed by AMP do not understand what an account-based ...

CalPERS investment chief tenders resignation

JAMIE WILLIAMSON  |  MONDAY, 18 SEP 2023
The chief investment officer of the largest pension fund in the US has resigned after just 18 months in the role. Nicole Musicco will depart the fund on September 29, citing family reasons for her resignation. Having travelled between the fund's ...

BNP Paribas reappointed as custodian for wealth platform

ANDREW MCKEAN  |  FRIDAY, 15 SEP 2023
... platform by funds under administration. Meanwhile, earlier this year, the Oracle Superannuation Plan and Xplore Super and Pension, divisions of the Aracon Superannuation Fund, transferred to HUB24. This move comes as Aracon Super wound up its operations ...

Cost-of-living crisis will persist into future: Study

KARREN VERGARA  |  FRIDAY, 15 SEP 2023
... Some 62% of the 6000 participants surveyed forced themselves to cut back on spending, while 36% sought to access the Age Pension for additional financial help. About one-third of respondents had a net household income of $1500 or less per fortnight and ...

Ring-fencing super for aged care adds complexity, cost: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 13 SEP 2023
... costs. The superannuation advocacy body specifically criticised the unfairness of counting ring-fenced assets in the Age Pension means test, given these funds would be inaccessible to support retirement income. It also warned that ring-fencing would ...

Blackstone drops $500m on Brisbane student accommodation

CHLOE WALKER  |  TUESDAY, 12 SEP 2023
... said. Elsewhere, Blackstone was recently joined by UniSuper in investing in an industrial portfolio from the National Pension Service of Korea, worth more than $1 billion in its entirety. Of the 20 portfolio assets, 12 are in Sydney's Quarry Industrial ...

Largest pension funds see drop in assets: Research

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
The top 300 pension funds in the world, including 16 local super funds, have seen their assets drop for the first time since 2018. According to the Global Top 300 Pensions Funds report, conducted by Willis Towers Watson (WTW) and the Thinking Ahead ...

Industry mega trends impacting distribution roles

ELIZABETH FRY  |  MONDAY, 11 SEP 2023
... rapidly growing advice businesses and the consultants who support them. Watson is also responding to the growth of the pension fund's internal investment teams. Growing internal teams One of the greatest opportunities for the larger, more diverse ...

NGS Super to debut retirement income product

KARREN VERGARA  |  MONDAY, 11 SEP 2023
... retirement with confidence, as well as have enough to last throughout their lifetime. "Easy Default is an account-based pension product and the first important plank of what NGS Super is doing in the retirement income space," Previtera said. The product ...