Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 131 - 140 of 176 results for "Defined contribution"

APRA updates MySuper FAQ guide

ALEX DUNNIN  |  THURSDAY, 12 JUL 2012
... single account can cover both MySuper and choice interests, just as it can cover both defined benefit and defined contribution interests." Fees charged to members of MySuper products must be the same regardless whether some members are in different lifecycle ...

Aust needs better PPP infra structures: Greiner

MELANIE TIMBRELL  |  WEDNESDAY, 11 JUL 2012
... $1bn commitment on Lend Lease's Barangaroo project announced this week. While Canada is shifting towards defined contribution (accumulation) plans, in 2008 the proportion of Canadians with defined benefit arrangement was as high as 77%, according to ...

Longevity forcing industry to adapt to thrive

BEN COLLINS  |  TUESDAY, 1 MAY 2012
... we need to do more work," said Howe. "A lot of techniques we use in defined benefit schemes can be used in defined contribution funds. "If you retire for thirty years, you will experience two or three downturns," said Howe. Howe said that currently ...

Member interests and employer choice paramount

ELISE BURGESS  |  TUESDAY, 10 APR 2012
... Work Australia." Within its recommendations, the FSC suggested that the choice of funds be extended to all defined contribution members, except where this results in an employer paying twice, if default funds continue to be listed in Modern Awards that ...

Target setting works for super funds

ELISE BURGESS  |  TUESDAY, 24 JAN 2012
... research from bond fund manager PIMCO, which assessed strategies used by not for profit defined benefit and defined contribution default fund options. The research paper, Defined Contribution Funds: Target setting can pay off, rated the potential benefits ...

Australia's retirement system the most sustainable in the world

RACHEL DAVIS  |  MONDAY, 14 NOV 2011
... system is still a challenge. "Pay-as-you-go systems are moving towards funded systems, defined benefit towards defined contribution systems, and family support structures towards more formalised public systems," said Towell. "These are characteristics ...

European DC Pension market to hit A$3.7tr by 2015

ALEX DUNNIN  |  THURSDAY, 10 NOV 2011
... Cerulli said that while the European retirement savings market is still dominated by defined benefit plans, defined contribution assets are "stickier" and are growing faster. Making these of special interest to money managers is they are real funds containing ...

Deloitte boosts super practice

RACHEL DAVIS  |  THURSDAY, 22 SEP 2011
... superannuation industry consultant to its Sydney team. Russell Mason joins Deloitte's Sydney team from Mercer's defined contribution practice, where he was the Asia-Pacific head and leading the focus on industry funds in Australia. Deloitte's has also ...

Market plunge exposes system weakness: Cooper

MATT WOODINGTON  |  MONDAY, 8 AUG 2011
Friday's 4% stock market fall, which caused more than $20 billion to be wiped from superannuation account balances, further exposed Australia's over reliance on equities in retirement, said Jeremy Cooper, Challenger's chairman, retirement incomes. Superannuation ...

UK Pensions Regulator seeks fee transparency

ALISON BEVEGE  |  MONDAY, 11 JUL 2011
The UK Pensions Regulator is seeking management fee transparency in its defined contribution pension schemes. In response to a recent industry discussion paper, the regulator said it had received unanimous support that pension fund costs should be clear ...