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Showing 201 - 210 of 3872 results for "pension"

APRA dissects retirement products for the first time

KARREN VERGARA  |  FRIDAY, 27 JUN 2025
... largest savings of $54.3 billion managed on behalf of 123,830 members. Colonial First State's FirstChoice Wholesale Pension is the second largest in asset size with $40.7 billion and 154,850 members. The Aware Super Retirement Income product with ...

Australian Ethical drops fees

ELIZA BAVIN  |  FRIDAY, 27 JUN 2025
... relation to all types of insurance cover will change and there will be a reduction to the Administration Fee for Super and Pension customers. "We've worked with our insurer (MetLife) to minimise the cost and complexity of delivering insurance benefits ...

Pension leaders urge US 401(k) plans to embrace private markets

ANDREW MCKEAN  |  THURSDAY, 26 JUN 2025
Pension trustees and investment strategists see an opportunity to expand US DC savings into private market assets, particularly real estate. According to discussions at the Pension Real Estate Association (PREA) Spring Conference, experts including ...

Pinnacle founder Ian Macoun unloads $77m of shares

ANDREW MCKEAN  |  WEDNESDAY, 25 JUN 2025
... an attractive yield." Notably, Pinnacle holds a 35% equity interest in Metrics Credit Holdings, in which the National Pension Service of Korea - the world's third largest pension fund - snapped up a 4.17% stake for $50 million in March. Macoun confirmed ...

Hollywood actors lobby pension fund to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUN 2025
More than 200 actors have signed an open letter to the trustees of the SAG-Producers Pension Plan asking it to divest from fossil fuels and redirect the assets into responsible investments. Members of the Screen Actors Guild and the American Federation ...

Perpetual IM switches member admin provider

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
Perpetual Investment Management has awarded MUFG Pension & Market Services (MPMS) a mandate to oversee its investor and member administration services. MUFG Corporate Markets will provide services across unlisted registry, listed registry, corporate ...

Old challenges push asset managers to inflection point: Citi

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... CREATE-Research chief executive Amin Rajan said the "profit dynamic is worsening with the rise of passive funds." "Defined benefit pension plans are now derisking with ageing demographics. The investor base is shifting towards a new generation of digitally ...

Super a 'taxpayer subsidised inheritance scheme': Grattan

ELIZA BAVIN  |  TUESDAY, 24 JUN 2025
... government doesn't have to spend elsewhere," Coates said. "Those concessions will, in short order, cost more than the Age Pension, which is how most Australians in retirement are supported by the government. And those tax concessions, it's not just that ...

Rest, NZ Super Fund top global rankings for best practices

ANDREW MCKEAN  |  THURSDAY, 19 JUN 2025
... the annual study examines all the publicly available information from the world's largest sovereign wealth and public pension funds to compile its scorecard. It assesses criteria including transparency and accountability, governance structure and processes ...

Middle Australia on track for 'comfortable retirement': ASFA

ANDREW MCKEAN  |  TUESDAY, 17 JUN 2025
... envy of the world because it lifts the retirement savings of everyday Australians, takes pressure off the taxpayer-funded pension, invests capital to grow Australian jobs and companies and - most importantly of all - gives millions of Australians a better ...