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Showing 1361 - 1370 of 3876 results for "Pension"

Equity Trustees acquires superannuation trustee

KARREN VERGARA  |  TUESDAY, 26 FEB 2019
... Australia. ZAS has about $1 billion in funds under trusteeship and 18,000 members across traditional, accumulation and pension products. The transaction is due to finalise next month. Subsequently, the trustee role for the fund will be transferred from ...

Super needs a clear objective: Cooper

HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
... led as opposed to meeting the objective. "Even if your objective was as simple as supplementing and replacing (the Age Pension) it's very hard to see how these changes are actually assisting the outcome." Cooper's point came full circle later in the ...

SMSFA turns up the heat on franking debate

HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
... grown from $500 million to whatever it is...$5-6 billion." He said it would eventually force more people onto the Age Pension, and said many would use the money they had built up to give to their children before reverting to the pension. "It will force ...

IOOF braces for new super package, grandfathered commissions changes

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
IOOF's bottom line will take a hit from the newly legislated Protecting Your Super package and the proposed removal of grandfathered commissions. Acting chief executive Renato Mota and chief financial officer David Coulter told an investor briefing ...

Actuaries Institute welcomes retirement income reforms

JAMIE WILLIAMSON  |  TUESDAY, 19 FEB 2019
... In doing so, the institute said it strongly supports the notion that trustees should consider eligibility for the Age Pension when considering a member's income in retirement. Income needs and spending patterns in retirement can and do vary significantly ...

Canadian pension fund manager dumps Blue Sky

JAMIE WILLIAMSON  |  THURSDAY, 14 FEB 2019
The strategic partnership between Blue Sky Alternative Investments and a $170 billion Canadian pension fund investment manager has been terminated. Blue Sky Water Partners has worked with Canada's Public Sector Pension Investment Board (PSP Investments) ...

Royal Commission dampens superannuation success

KARREN VERGARA  |  WEDNESDAY, 13 FEB 2019
... banking Royal Commission has overshadowed Australia's superannuation system scoring the top spot in a global study of pension markets. Willis Towers Watson and the Thinking Ahead Institute named Australia as the number one pension market after achieving ...

Retirement expert joins Milliman

KARREN VERGARA  |  WEDNESDAY, 13 FEB 2019
... products that support the sector's new objective of providing income in retirement to substitute or supplement the Age Pension, it said. Former Milliman director of investment services Michael Armitage recently joined Mercer as head of investment ...

State government awards super fund mandate

KARREN VERGARA  |  MONDAY, 11 FEB 2019
... willingness to double Territory-based staff to four employees to service members directly, it said. NTGPASS has account-based pension products that closed to new members in April 2014. AustralianSuper has been managing these products since 31 January ...

Hedge fund veteran joins Aura

KARREN VERGARA  |  WEDNESDAY, 6 FEB 2019
... Aura's international footprint. "The local market is transforming into a global centre as the Australian superannuation pension market is one of the largest in the world. This large asset base deserves the best alternative investment ideas available ...