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Showing 221 - 230 of 301 results for "Retirement System"

Breaking Australia's love affair with the lump sum

JAMES FERNYHOUGH  |  MONDAY, 29 JUL 2013
As the population ages, Australia's three-pillar retirement system will find itself under unprecedented pressure. According to MTAA Super chief executive Leeanne Turner, over the next decade about four million Australians will retire. An integral part ...

Super tax concession policy 'fatally flawed': SPAA

JAMES FERNYHOUGH  |  THURSDAY, 27 JUN 2013
... methodology used to measure superannuation tax concessions is "fatally flawed", as it does not take the entire retirement system into account. She said the current practice of viewing concessions as lost tax revenue is short-sighted. "These short-term ...

SEC charges US adviser with pension fund theft

ALEX DUNNIN  |  THURSDAY, 13 JUN 2013
... president, and chief executive officer of MayfieldGentry Realty Advisors, took the money from the Police and Fire Retirement System of the City of Detroit without obtaining permission. They also allege he spent the proceeds buying two shopping mall strip ...

Tax lump sums to beat longevity crisis: ASFA

MARK SMITH  |  THURSDAY, 16 MAY 2013
... adjusted in light of demographic and economic changes within Australia. "We are not advocating a revolutionary new retirement system - we are proposing that there be consultation on the nature of the evolution of the system given the changing nature ...

Brogden reaffirms campaign warning to politicians

MARK SMITH  |  MONDAY, 8 APR 2013
... hollow threat. The ads are cut and ready to roll. Should any government seek to destabilise confidence in the retirement system, we will run it," he finished. Brogden pleased by the announcement that a Council of Superannuation Custodians would be established ...

AIST CEO asks for long term changes in super

LAURA MILLAN  |  WEDNESDAY, 3 APR 2013
... revenue to people. "We need to change the discussion away from focusing on full-on revenue to actually building a retirement system for people and it is their money, we must remember that we've just got it in trust." As for industry funds, their main ...

Super debate heats up ahead of Budget

MARK SMITH  |  THURSDAY, 28 MAR 2013
... prime minister Julia Gillard that super should be made "fair" and "sustainable", clearly placing the country's retirement system on the budget agenda. "The $15 billion dollars in super tax concessions given to the richest 10% of Australians is enough ...

CalPERS awards $500m multi-asset mandate

MARK SMITH  |  WEDNESDAY, 27 MAR 2013
... significant mandate to Standard Life Investments' top-performing multi-asset fund. The California Public Employees' Retirement System (CalPERS) is investing US$500 million with the Edinburgh-based investment house. The Standard Life Global Absolute Return ...

Industry groups join forces to mount super campaign

BEN COLLINS  |  THURSDAY, 21 FEB 2013
... that the warning was not just for the Labor Government, but for any future party in charge of the country's retirement system. "Tax changes to super now may help plug the Budget hole [but] will create a bigger hole which will fall on future tax payers," ...

CFSGAM inflation plus fund targets post-retirement market

MARK SMITH  |  WEDNESDAY, 20 FEB 2013
... retirement. We believe this investment solution fits nicely into the decumulation phase of a targeted benefit retirement system" Kocourek added.