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Showing 1601 - 1610 of 7201 results for "Retirement"

Challenger reports strong results

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
... were $99 billion, up 1% in the half, but down 14% on prior comparable period (pcp). Challenger Life, the company's retirement income brand, had performed well, earnings before interest and tax (EBIT) was $263 million, up 13%. Life earnings benefited ...

ESG impacts on US pension funds tested

RACHEL ALEMBAKIS  |  MONDAY, 13 FEB 2023
... from BlackRock, with Republican State Treasurer Scott Fitzpatrick announcing that the Missouri State Employees' Retirement System (MOSERS) has sold all public equities managed by BlackRock. In June 2022, the MOSERS Board of Trustees directed staff ...

Rest welcomes super heavyweights

ELIZABETH FRY  |  FRIDAY, 10 FEB 2023
... recruits would further deepen the team's whole-of-fund capability. "The majority of Rest members are decades from retirement, including more than one million members aged younger than 35," he said. "Our investment strategy and diversified portfolio ...

Government progresses social housing measures

KARREN VERGARA  |  FRIDAY, 10 FEB 2023
... the best financial interests of our members, particularly those members requiring a steady stream of income during retirement or as part of a more conservative accumulation product," Cbus chair Wayne Swan said. Collins also introduced The National Housing ...

Put controls in place for super funds: Associations

CASSANDRA BALDINI  |  THURSDAY, 9 FEB 2023
... light to provide personal advice to their members regarding their interests in the fund, including the transition to retirement. Michelle Levy explained in doing so, trustees will be required to consider member's personal circumstances, including ...

Government introduces gender pay gap bill

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
... super guarantee on paid parental leave, the same way as we do on wages, is one of the ways we can reduce the impact on retirement savings from time taken out of the workforce to care for children. This is particularly important for women, who are still ...

"A lawyer's picnic": QAR report slammed

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2023
... its members to find a better deal elsewhere. This is dangerous given 60% of choice super products perform poorly and retirement products currently lack appropriate consumer protections. Under these proposals Australians will continue to miss out on the ...

Link scores admin, technology mandate

KARREN VERGARA  |  WEDNESDAY, 8 FEB 2023
A global bank's retirement and pensions unit has awarded an administration and digital solutions mandate to Link Group as the latter expands its footprint in the region. HSBC appointed Link's Retirement & Superannuation Solutions (RSS) business to oversee ...

Negative wholesale funds market growth continues

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... products. Managed accounts also showed resilience, with a FUA decrease of 0.6%. Meanwhile, investment wraps retraced 4%, retirement platforms 5%, and personal super by 8%. IOOF was again the platform market leader with $143 billion FUA with an 18.5% ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
... advice to their members about their interest in the fund, the final report reads. This would include transition-to-retirement advice. Trustees would be free to decide how to charge their members for that advice, and restrictions on collective charging ...