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Showing 181 - 190 of 3478 results for "Pension"

More pension funds, insurers impacted by MOVEit mass-hack

JAMIE WILLIAMSON  |  TUESDAY, 27 JUN 2023
Among other companies to confirm their involvement, a second US pension fund has notified members their personal information was stolen in the same breach impacting members of CalPERS. The California State Teachers Retirement System (CalSTRS) told members ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
An academic has raised concerns about the impact anti-hawking laws will have on superannuation funds' ability to provide financial advice amid the federal government's proposal to open advice to other channels. Anthony Asher, an associate professor ...

Cyber breach claims CalPERS member data

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
More than 750,000 retired members of one of the world's largest pension funds have had their personal information accessed in a cybersecurity breach. The California Public Employees' Retirement System (CalPERS) is alerting its retired members and their ...

Bank of England launches first system- wide stress test

CASSANDRA BALDINI  |  TUESDAY, 20 JUN 2023
... prompted the instability. The BoE said large banks, insurers, central counterparties, and a variety of funds including pension funds, hedge funds, and funds managed by asset managers, will be included in the review. "This reflects the wide range of institutions ...

AMP rolls out new North features

CHLOE WALKER  |  THURSDAY, 15 JUN 2023
... newly enhanced MyNorth Lifetime Super Calculator provides advisers with recommendations on strategies to maximise both Age Pension benefits and Centrelink Asset Test discounts. It includes structure capital in the accumulation phase to help clients better ...

SWFs double in size, eye alternatives

JAMIE WILLIAMSON  |  THURSDAY, 15 JUN 2023
... investment in alternatives over the years. It has grown 44% in the last two years and now surpassed Norway's Government Pension Fund Global which has US$1.2 trillion. This focus on alternatives is now flowing through to other SWFs, the report says, with ...

Greg Combet steps down as IFM Investors, ISA chair

ANDREW MCKEAN  |  WEDNESDAY, 14 JUN 2023
... director, deputy chair and the chair during this time," Combet said. "IFM invests on behalf of industry super funds and global pension funds to benefit their members. This purpose makes IFM a distinct funds management business, one that aligns with my ...

Former QIC exec now OMERS risk chief

ELIZABETH FRY  |  FRIDAY, 9 JUN 2023
... named the Ontario Municipal Employee Retirement System's (OMERS) new chief risk officer, reporting to the Canadian pension fund's chief executive Blake Hutcheson. Joining OMERS in 2020, Deb Barnes has been promoted to the top risk job after serving ...

SMSFs continue to fly solo

KARREN VERGARA  |  WEDNESDAY, 7 JUN 2023
... services that they don't think pays off. Interestingly, the research found that half of SMSF money is currently in pension phase. "So, retirement income considerations are going to be really, really important and perhaps a good way for advisers to ...

Advisers pivot to protect retirees from inflation

CASSANDRA BALDINI  |  WEDNESDAY, 7 JUN 2023
... mitigate inflation risk. "For many retirees, the optimal retirement income strategy will comprise a tailored mix of Age Pension, ABP, and a lifetime annuity," it said. "Adjusting this mix can therefore be just as important as rebalancing allocations ...