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Showing 181 - 190 of 413 results for "Defined benefit"

High profile adviser under fire

JAMIE WILLIAMSON  |  THURSDAY, 26 APR 2018
... $500,000. Henderson told the inquiry this recommendation was made with the belief that McKenna had meant to say defined benefit, not deferred benefit. This is also despite the clarification having been made by SASS during a phone call made by Henderson ...

Commonwealth Super signs technology partner

JAMIE WILLIAMSON  |  TUESDAY, 17 APR 2018
... to enable greater efficiency in the administration of claims for death and disability benefits within the CSC's defined benefit schemes. It will also enable greater servicing of Australian Defence Force personnel entitled to benefits under ADF Cover ...

Rice Warner recruits NAB executive

JAMIE WILLIAMSON  |  MONDAY, 12 MAR 2018
... across superannuation, retirement and group insurance, Jenkins is well versed in the areas of actuarial valuations, defined benefit management, default superannuation, successor fund transfers and insurance. Jenkins began his career in 1985 as an actuary ...

Bravura rolls out DB super functionality

KANIKA SOOD  |  WEDNESDAY, 7 MAR 2018
Bravura Solutions' Sonata platform will now allow defined benefit plans to be administered for its super fund clients. The update also includes Bravura's messaging product for SuperStream, Babel, which combined with Sonata provides an automated, end-to-end ...

KPMG sells $2bn super admin business

ALEX BURKE  |  MONDAY, 26 FEB 2018
KPMG has entered into an agreement to sell its superannuation administration business, which has about $2 billion in funds under management. KPMG Superannuation Services was established in 1989, initially for a single superannuation fund client. This ...

Australia's super assets fastest growing: WTW

KARREN VERGARA  |  TUESDAY, 6 FEB 2018
Australia's superannuation market is the fastest growing among other major pension systems around the globe, a new Willis Towers Watson study shows. Australia's superannuation assets grew 12.1% over the last 20 years thanks to the success of government-mandated ...

Russell wins consulting mandate from $700m super fund

ALEX BURKE  |  WEDNESDAY, 13 DEC 2017
... Russell won a major mandate from the Tasmanian Public Sector Superannuation Commission to manage $1.9 billion in defined benefit assets. Under the agreement, Russell will act as implemented investment consultant for the commission, assisting them in ...

Link adds DB super fund to admin portfolio

DARREN SNYDER  |  THURSDAY, 7 DEC 2017
Superannuation administration giant Link Group will migrate a defined benefit fund to its aaspire platform in the New Year and the timely client win comes as other funds finalise admin tenders. Joining Link from next year will be defined benefit (DB) ...

Super funds embrace derivatives to meet retirement goals

KARREN VERGARA  |  FRIDAY, 1 DEC 2017
... derivative strategies to address the dynamics of the pension phase for members. Armitage also warned insurers and defined benefit funds are facing similar asset-liability challenges. Funds using downside protection strategies in the pension phase are ...

Jeremy Cooper explores the inconvenient truth of super

ALEX BURKE  |  MONDAY, 20 NOV 2017
... management and income sustainability. "This is the source of our current 'growing pains'. We are trying to bolt a more defined benefit-like (DB) solution onto our defined contribution (DC) system, while maintaining choice and flexibility," he added. ...