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Showing 141 - 150 of 488 results for %22defined benefit%22

BetaShares calls for universal pension

ELIZABETH MCARTHUR  |  TUESDAY, 4 FEB 2020
... pension, BetaShares proposes, would be partially funded by streaming a portion of compulsory super contributions into defined benefit schemes. "Australia is well-positioned to implement a best practice universal pension within its retirement income system," ...

Industry fund dumps Link

HARRISON WORLEY  |  THURSDAY, 30 JAN 2020
... Mercer." Chief executive of Mercer's Australian office, Ben Walsh, outlined Mercer's expertise in managing defined benefit schemes as an important factor in its offering to the industry fund. "AvSuper has a strong reputation for their robust ...

Better retirement income products needed

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JAN 2020
... having a reliable source income that will last for life is a key factor for worrying less, with those people with a defined benefit pension or a lifetime annuity reporting the lowest levels of worry. In perhaps disheartening news for financial advisers ...

Commonwealth Super mulls platform changes

KANIKA SOOD  |  MONDAY, 13 JAN 2020
Commonwealth Superannuation Corporation is considering making changes to how it administers about 570,000 defined benefit member accounts as its existing systems age. CSC has invited interested companies to submit proof-of-concepts for a core registry ...

ASIC urges improved insurance outcomes

ELIZA BAVIN  |  FRIDAY, 13 DEC 2019
... claims processes," Press said. "Also, trustees are continuing to leave vulnerable members behind - they need to have better defined policies and processes for those with unique needs." ASIC added that it also plans further work looking at issues relevant ...

FASEA compliance has silver lining

KANIKA SOOD  |  FRIDAY, 29 NOV 2019
... preach and have our business plan." A show of hands established only a handful of financial planners in the audience had defined a business plan. Start with a template Haddan said a simple business plan template is good enough to start with. "You just ...

Defined contribution: A global perspective

HARRISON WORLEY  |  THURSDAY, 14 NOV 2019
Superannuation executives at the ASFA Conference have learned of the challenges facing other defined contribution pension systems around the world. Kicking off the second day of the ASFA Conference in Melbourne, Challenger retirement income chair Jeremy ...

Sunsuper, QSuper confirm merger talks

HARRISON WORLEY  |  TUESDAY, 5 NOV 2019
... agreed there are multiple issues to overcome. "QSuper is public sector and Sunsuper is private sector. QSuper is defined benefit, although being in surplus neutralises this issue somewhat. Defined benefit divisions would need to be quarantined," he said. ...

Inflation the forgotten risk to retiree portfolios

HARRISON WORLEY  |  WEDNESDAY, 30 OCT 2019
... fairly simple thing to do, and we do it for all of our portfolios," he said. Beesley said the strategy was used by defined benefit scheme managers, who realized they were paying inflation linked coupons "for the rest of their investors life". Offering ...

Industry fund awards admin mandate

HARRISON WORLEY  |  MONDAY, 28 OCT 2019
Australia's largest open defined benefit superannuation fund awarded an administration technology mandate to IRESS. ESSSuper has signed an agreement with IRESS which will see the technology firm install an automated administration service - Automated ...