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Showing 211 - 220 of 413 results for "defined benefit"

Equip CIO departs following restructure

MARK SMITH  |  WEDNESDAY, 20 JUL 2016
... liability-driven approach to investments believing that it will enhance returns to members over the long term and help defined benefit employers manage their investment risk, particularly in schemes with aging demographics. Equip manages assets of over ...

Super fund CEO not seeking reappointment

DARREN SNYDER  |  MONDAY, 18 JUL 2016
... public sector employees. The fund's operational scope includes investment management and administration of its defined benefit, accumulation and retirement schemes.

Defined benefit deficit at $182bn

ALEX DUNNIN  |  WEDNESDAY, 6 JUL 2016
Total defined benefit (DB) super liabilities across Australia stood at $340 billion, according to APRA figures. But this amount is backed by only $158 billion in net assets - amounting to a deficit of $182 billion. The announcement by the Queensland ...

LGIAsuper and Bravura extend partnership

DARREN SNYDER  |  MONDAY, 4 JUL 2016
... said. The LGIAsuper Sonata implementation project will commence later this year for both defined contribution and defined benefit plans.

Queensland super funds become public offer

DARREN SNYDER  |  MONDAY, 20 JUN 2016
... legislative move follows the Queensland government announcing plans to redirect $4 billion from a surplus in its Defined Benefit Superannuation Scheme to fund infrastructure and other spending. Pitt added the new legislation "will introduce changes to ...

QSuper calms super raid fears

DARREN SNYDER  |  WEDNESDAY, 15 JUN 2016
... sits in a voluntary reserve which was set up and supported by successive governments to meet the government's Defined Benefit [superannuation] liabilities," Pennisi said. He and Treasurer Curtis Pitt made it clear yesterday that Queensland is the only ...

Well over $3m in super savings needed

KERRIE SYDEE  |  FRIDAY, 10 JUN 2016
The $1.6 million superannuation savings cap should be at least doubled, according to the SMSF Owners' Alliance and research from former head of the school of economics at the University of New South Wales, Ron Bewley. The research concluded that "around ...

MFSIM execs use $143.5m in client money to repay debts

KERRIE SYDEE  |  TUESDAY, 24 MAY 2016
... "In instances where advice is provided to consumers to switch from existing superannuation products, especially defined benefit style funds, the adviser must ensure all necessary investigation of both the existing and recommended products has been undertaken. ...

Public sector retirees still seek answers

DARREN SNYDER  |  TUESDAY, 17 MAY 2016
... retirees is waiting on the federal government to release figures about Australians affected by the new 10% cap on defined benefit income that is excluded from the pension income test. The Australian Council of Public Sector Retiree Organisations (ACPSRO) ...

Reforms aimed at supporting women

KERRIE SYDEE  |  TUESDAY, 3 MAY 2016
... superannuation balances with those who do not take breaks from the workforce. The measure will also apply to members of defined benefit schemes and is estimated to have a cost to revenue of $350 million over the forward estimates period. The low income ...