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Showing 191 - 200 of 301 results for "Retirement System"

Retirement income goal would solve super's issues: CSRI

DARREN SNYDER  |  MONDAY, 7 MAR 2016
An agreed income goal for Australia's retirement system would solve issues around superannuation's taxes and default schemes, as well as its cost and efficiency. This is the view in a new discussion paper by the Committee for Sustainable Retirement ...

CalPERS chief executive retires

DARREN SNYDER  |  FRIDAY, 22 JAN 2016
... chief executive after Anne Stausboll announced she will retire in June 2016. The California Public Employees' Retirement System (CalPERS) announced overnight that Stausboll will leave the system after more than seven years at the helm. In a statement ...

CalPERS sells $4.2bn in real estate assets

LAURA MILLAN  |  TUESDAY, 17 NOV 2015
The California Public Employees' Retirement System (CalPERS) will sell US$3 billion ($4.2 billion) in assets from its real estate investment portfolio. CalPERS will sell the stake to Blackstone's Strategic Partners Fund Solutions, and it includes 43 ...

Target date funds just 3% US retirement assets

ALEX DUNNIN  |  MONDAY, 9 NOV 2015
Much is made of the popularity of lifecycle investing in the US yet it comprises just 3% of their retirement system. According to figures released by the Investment Company Institute (ICI), lifecycle investment funds, referred to under the broader category ...

JPM awarded industry fund research mandate

LAURA MILLAN  |  WEDNESDAY, 4 NOV 2015
... is a first for JPMAM in Australia, mirrors a similar agreement that the asset manager formed with the Teacher Retirement System of Texas. It will focus on innovative investment structures managed by JPAM's multi-asset solutions team, based in New York ...

HESTA chief advocates better tax reform

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
HESTA chief executive Debby Blakey said her fund members would not benefit from seeing a lift on the $30,000 tax cap for concessional superannuation contributions for women returning to work. It is a measure being considered by the federal government ...

Industry funds ink CIPR annuities deal

DARREN SNYDER  |  TUESDAY, 27 OCT 2015
... superannuation industry is now moving ahead to meet the growing needs of its fund members," Benari said. "As our retirement system evolves we are seeing positive long term developments, including a growing industry focus on making retirement income products ...

California pension giants must divest from coal

MARK SMITH  |  MONDAY, 12 OCT 2015
... from renewable sources by 2030. The law requires the US$291 billion ($400 billion) California Public Employees' Retirement System, Sacramento, and the $184 billion ($253 billion) California State Teachers' Retirement System, to liquidate holdings in ...

Give first home buyers access to super: CEDA

LAURA MILLAN  |  TUESDAY, 1 SEP 2015
... policy', Martin said: "Two key trends, our ageing population and decreasing housing affordability, mean Australia's retirement system structure needs a significant rethink." The report calls for an overhaul of retirement policy and it asks for pre-tax ...

HESTA manager to study women in super

DARREN SNYDER  |  FRIDAY, 17 JUL 2015
Australia's superannuation system is somewhat designed to reward people who enjoy unbroken careers, affecting many working women, and prompting an industry representative to conduct research on the issue. HESTA general manager business development ...