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Showing 121 - 130 of 301 results for "Retirement System"

Pension fund joins action against Facebook

KRISTI CHENG  |  FRIDAY, 23 AUG 2019
The California State Teachers' Retirement System has joined a derivatives case against Facebook in regards to Cambridge Analytica. The litigation at hand is a pending derivative lawsuit against Facebook's leadership, including the social media company's ...

Complex retirement system requires simplicity: Report

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2019
... of the retirement income system. The Actuaries Institute outlined a number of reforms needed to help fix the retirement system, one of which involves simplifying and integrating the Age Pension with superannuation and aged care. The report, entitled ...

Jane Hume to address AFA Conference

KRISTI CHENG  |  THURSDAY, 1 AUG 2019
... superannuation portfolio, Hume reinforced the Federal Government's plans to fix the structural problems across the retirement system and ultimately improve outcomes for members. This included reviewing the retirement income system, as well as cleaning ...

New Zealand retirement system under review

HARRISON WORLEY  |  MONDAY, 22 JUL 2019
New Zealand's retirement income system is under review, determined to measure the impact of shifting labour forces and declining home ownership. Submissions are open for the Commission for Financial Capability's (CFFC) three-yearly review of ...

Grattan SG claims slammed by industry bodies

HARRISON WORLEY  |  THURSDAY, 11 JUL 2019
... on retirement funding continued its pattern of "selective and misleading modeling that seeks to undermine a retirement system that is globally acknowledged as on of the best in the world." "Good public policy will always benefit from lucid, rigorous ...

Pension giant awards $1bn in mandates

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
... awarded three separate mandates to boost its sustainable investment strategies. The California State Teachers' Retirement System selected three new global equity managers to collectively manage more than $1 billion across non-US focused strategies. Following ...

Superannuation reforms underway

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
... portfolio, Senator Jane Hume reinforced the Federal Government's plans to fix the structural problems across the retirement system and ultimately improve outcomes for members. Speaking at the Bloomberg Buy-Side Forum in Sydney yesterday morning ...

More Australians retire with big mortgages

ELIZABETH MCARTHUR  |  FRIDAY, 14 JUN 2019
... anything else to fall back on. They didn't have other assets." Wood warned that the Netherlands has a similar retirement system Australia's, but its super guarantee equivalent has been in existence much longer. In the Netherlands, more than half of homeowners ...

Labor proposal targets low income earners: Association

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 MAY 2019
The Alliance for a Fairer Retirement System is arguing Labor's refundable franking credits proposal does not target the wealthy but impacts low income earners instead. Deborah Ralston, spokesperson for the Alliance and chair of the SMSF Association ...

Super leaves retirees vulnerable: Research

HARRISON WORLEY  |  WEDNESDAY, 17 APR 2019
Older Australians are feeling the pressure of a retirement system geared towards superannuation, according to National Seniors Australia. The report, launched in conjunction with Challenger, shows over a quarter of retirees who claim they can't tolerate ...