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

Search Results

Showing 131 - 140 of 3467 results for "pension"

State Super partners with analytics firm

KARREN VERGARA  |  TUESDAY, 29 AUG 2023
... 85,000 members. Based in Hong Kong Premialab launched in Australia in August, servicing institutional clients that include pension funds, sovereign wealth funds and asset managers, helping allocate assets, select strategies, and manage risks. It is led ...

Super, retirement unit cushions Link's massive loss

KARREN VERGARA  |  MONDAY, 28 AUG 2023
... administering approximately 1.6 million member accounts, up 60% over the last 12 months, Link said. "Adjusting for the HS Pension acquisition, RSS in the UK saw member numbers up 18%. The UK now accounts for 2.5% of RSS revenue in FY23. The recent acquisition ...

Longevity risk is big super's biggest failure: Podcast

CASSANDRA BALDINI  |  MONDAY, 28 AUG 2023
... complex place and actually a mathematical optimisation for the trustee to work out how much to have in the account-based pension, and how much to have in new offerings and longevity insurance style of products." After reviewing 15 super fund trustees ...

ASFA, Super Consumers Australia revise retirement standards

CHLOE WALKER  |  MONDAY, 28 AUG 2023
... Australian retirees to achieve a dignified lifestyle in their post-work years, as well as improve the sustainability of the Age Pension and take pressure off future federal Government budgets as the population ages." In line with ASFA, SCA also updated ...

IGR to spark fresh retirement income consultation

CASSANDRA BALDINI  |  FRIDAY, 25 AUG 2023
... Intergenerational Report by Treasury, which demonstrates superannuation will play a key role in reducing reliance on the Age Pension and supporting the economy. According to the report, mandatory superannuation will lead to a decrease in expenditure ...

Tim Unger quits Willis Towers Watson

ELIZABETH FRY  |  FRIDAY, 25 AUG 2023
Tim Unger, the high-profile sustainability head at Willis Towers Watson, has departed after 22 years with the firm. WTW has confirmed the exit but declined to comment further. While sustainability consulting is booming as companies set ambitious goals ...

Women less confident to retire: Vanguard

CHLOE WALKER  |  THURSDAY, 24 AUG 2023
... of men felt moderately or very confident across a wide range of products and services from ETFs to annuities, the Age Pension and property. Vanguard head of super Shannon Nutter said: "There's a whole spectrum of circumstances that mean women aren't ...

Super assets continue to climb: APRA

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... billion (increasing by 19.6% over the year). Of this, lump sum payments rose by 31.9% over the year to $58.8 billion while pension payments increased by 6.1% to $43.3 billion in the year. Net contribution flows fell by 4.5% compared to flows in the year ...

Super tax concessions cost less than future Age Pension savings: Mercer

ANDREW MCKEAN  |  TUESDAY, 22 AUG 2023
... According to a Mercer report, superannuation tax concessions for median income earners costs less than the future Age Pension savings from super. The Mercer Rethinking super tax concessions report shows under a model where individuals benefit from superannuation ...

Platform comparison fintech launches

KARREN VERGARA  |  TUESDAY, 22 AUG 2023
... information in the application. "As an example, an adviser has a retiree client who is conservative, wants flexibility on their pension payments, and wants to be paid weekly. SuitabilityHub then provides a universe of platforms ranked based on the most ...