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

Search Results

Showing 141 - 150 of 152 results for "Defined contribution"

Retirement liabilities dwarf assets six-fold

ALEX DUNNIN  |  FRIDAY, 18 APR 2008
... investment risk. The shift away from DB pensions conversely puts huge pressure on accumulation (also called defined contribution) plans to step up to the plate to emulate the diversified investment approaches of DB funds and to ensure their fiduciary ...

RSL snubs proposed super changes

MICHAEL HOBBS  |  TUESDAY, 1 APR 2008
... earnings, this pension should move to the same index arrangement," said Crews. "This proposal reduces the defined contribution up front from 18 per cent to 16 per cent and it has reduced the reversionary benefit for surviving spouses from high 60's to ...

UBS and Genworth tap income-for-life market

RUTH LIEW  |  FRIDAY, 15 FEB 2008
... shortfall and inflation - faced by investors as they prepare for retirement," said Drew Carrington, head of defined contribution and retirement solutions group at UBS Global Asset Management. "This guaranteed income for life options is the final piece ...

Ambachtsheer receives Outstanding Industry Contribution Award

... are getting serious attention as to how they are optimally designed. The world of Defined Benefit versus Defined Contribution has progressed, leading to an optimum hybrid between the two. The key to all this is integrated thinking," he added. Based in ...

Gap between DB and DC pension payouts widens

A new study has found that members of defined contribution (DC) pension plans in the UK are likely to receive 42 per cent less than their counterparts with defined benefits (DB) schemes. The findings were from the annual Fidelity Retirement Index released ...

Alternative low-cost retirement funds on rise in US

Employers in the US are turning to unregulated, low-cost investment vehicles called 'collective funds' and regulated 'retirement services' funds to house their staff's pension instead of using traditional managed funds. According to the latest 'industry ...

Bravura partners with Statewide for super development

HAMISH MADDEN  |  MONDAY, 4 SEP 2006
... SuperB is one of the modules on the Sonata platform and was built to facilitate the needs of defined benefit, defined contribution, third party record keepers, government agencies and provident fund managers. It assists users in defining structures which ...

US defined benefit scheme shake-out continues

... other big companies to follow suit given the potential cost savings when switching from 'defined benefit' to 'defined contribution' plans. IBM forecasts to save between $2.5 billion to $3 billion on pension expenses over the next five years by adopting ...

PSS to convert to accumulation scheme

... Existing members will be unaffected by the new arrangements, meaning most will still be participating in defined contribution schemes. New members will receive an employer contribution equal to 15.4 per cent of salary, which the PSS says is the actuarially ...

Corporate fund earns top rating

... included strong investment performance, online tools for both employers and members, low fees, solutions for defined contribution and defined benefit plans as well as customised insurance options. "The rating also reflects Susuper's dedication to giving ...