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Showing 201 - 210 of 367 results for "defined benefit"

Challenger supports default 'MyPension' product

JAMES FERNYHOUGH  |  TUESDAY, 9 SEP 2014
... meanwhile, of the value of group self-annuitisation(GSA) - a form of longevity risk pooling that has no guaranteed defined benefit and therefore can be provided by super funds or groups of super funds rather than life companies like Challenger. Challenger ...

Sixteen Aussie funds make top 300 pension funds list

JAMES FERNYHOUGH  |  THURSDAY, 4 SEP 2014
Sixteen Australian super funds, including first-timer HOSTPLUS, have made it into Towers Watson's list of the 300 largest global pension funds, which was released today. However, the weakening Australian dollar saw most of the Australian funds fall ...

Govt seeks discretion to freeze super guarantee

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
... break his promise." He said the policy was an attack on ordinary people while politicians draw on their generous defined benefit pensions. The government has not yet said how it intends to use its new powers, should the legislation pass the Senate. The ...

Telstra offers incentives to switch DB members to accumulation

MARK SMITH  |  THURSDAY, 17 JUL 2014
Telstra has asked for volunteers from its approximately 6,100 employees who are on defined benefit pensions to switch to Telstra Super's accumulation division. "Telstra Super is well positioned to provide the information, education and advice that is ...

SAS Trustee renews Pillar admin contract

STAFF WRITER  |  WEDNESDAY, 2 JUL 2014
SAS Trustee Corporation (STC) has awarded Pillar another five year contract to provide administration services, including support for their complex defined benefits schemes. STC has some of the largest defined benefits schemes in Australia and the fifth ...

Wanted: $20bn electricity investor for NSW

ALEX DUNNIN  |  WEDNESDAY, 11 JUN 2014
... estimated at $26 billion. Australian infrastructure assets are considered highly attractive to Canada's public sector defined benefit pension funds. Australian pension funds which already have an estimated $80 billion invested into infrastructure are ...

Jeremy Cooper: Rethinking retirement

JAMES FERNYHOUGH  |  THURSDAY, 29 MAY 2014
... proposition we're putting is, if you're not a former politician and you haven't got a big fat inflation-adjusted defined benefit pension, you need something else to cover off on longevity and inflation. You need that stable income. And that's where the ...

US retirement assets reach US$23tr

ALEX DUNNIN  |  WEDNESDAY, 2 APR 2014
... including federal, state, and local government plans - accounted for US$5.6 trillion in assets, private-sector defined benefit (DB) plans accounted for $3.0 trillion in assets and annuity reserves outside of retirement accounts accounted for another ...

Australia's pension pool fastest growing in the world

JAMES FERNYHOUGH  |  THURSDAY, 6 FEB 2014
... remained the fourth largest pool of pension assets in the world, behind the US, the UK and Japan. In terms of defined benefit (DB) to defined contribution (DC) ratio, Australia's system was the most weighted towards DC, with just 16% of assets in DB. ...

APRA releases final SuperStream reporting standards

JAMES FERNYHOUGH  |  THURSDAY, 5 DEC 2013
... through transactions." In response to concerns that the draft SRS 711.0 standards did not sufficiently address defined benefit funds, APRA added clarification to the final standards. APRA did not, however, fold under industry pressure to get administrators ...