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Showing 151 - 160 of 410 results for "Defined Benefit"

Defined benefits robbed women: Kelty

ELIZABETH MCARTHUR  |  FRIDAY, 25 OCT 2019
... treated worse than any other group in our community. People stole the money off women," he said. Kelty said that defined benefit schemes were particularly disadvantageous to women, but that the industry-led super scheme he was a part of creating with ...

Industry fund implements fee changes

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2019
... pension and transition to retirement accounts. The change also applies to additional accumulation accounts of defined benefit members. Meanwhile, investment fees on some account-based pension options have also changed. Members that will see savings are ...

Recreo, Mine Super enter the cloud

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2019
... Recreo and Mine Super said the cloud-based platform, named OneTrust, can manage a range of schemes, including defined benefit and defined contribution plans and features automated workflows. Andrew Bain, chief executive of Recreo said: "Today we have ...

Tasmanian super funds seek insurer

KANIKA SOOD  |  FRIDAY, 9 AUG 2019
... the trustee of the Retirement Benefits Fund which has five sub-funds including SFCSS and TASSS. Both funds are defined benefit schemes that are closed to new members. SFCSS has 85 members and $33 million and the TASSS has $57 million and 116, according ...

Irish pension funds reduce equity exposure

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
... funds instead. Mercer's 2019 European Asset Allocation survey also shows average equity allocations for Irish defined benefit schemes have fallen to just 28%, down from 34% in 2018. Bond allocations remain at 50% while allocations to alternative ...

Super fund overhauls group insurance cover

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2019
... (whichever is greater). Benefit periods for all income protection will change from three years to two years. Members in defined benefit, state or police accounts will also be affected by the changes if they leave their jobs. Queensland Government employees ...

Industry fund appoints advice GM

KANIKA SOOD  |  FRIDAY, 7 JUN 2019
... formerly the head of financial planning at the fund. Palmer will now be responsible for business development, defined benefit, financial planning, insurance and claims, product and accredited financial advisers. "Lisa has more than 15 years' experience ...

Final farewell for industry association

JAMIE WILLIAMSON  |  FRIDAY, 7 JUN 2019
... 1923 as a coalition of state bodies representing the interests of former public sector employees in receipt of a defined benefit pension as part of the now-closed Commonwealth Superannuation Scheme and Public Sector Superannuation schemes. In recent ...

Passing Protecting Your Super costs should be fair: APRA

KARREN VERGARA  |  FRIDAY, 7 JUN 2019
... whole of life and endowment products are also subject to the fee cap. APRA confirmed all products that are not defined benefit interests are subject to the fee cap. If trustees fail to have the right fee-cap structure in place by 1 July 2019, they should ...

Life expectancy declining: KPMG

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2019
... when in fact it has contracted for the fourth consecutive year. After analysing the mortality of UK retirees on defined benefit plans, the KPMG 2019 Pensions Accounting Survey found median life expectancy has fallen by 0.2 years for current pensioners ...