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Showing 241 - 250 of 791 results for "Pensions"

Super fund bumps up premiums

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2019
... the $3.1 billion fund has introduced a new rule on how many Transition to Retirement Allocated Pension Accounts (TTR Pensions) can be opened in a single financial year. The rule, which First Super says aligns with its goal to promote a dignified retirement ...

Pensioners lose decades of savings in 24 hours

ELIZABETH MCARTHUR  |  THURSDAY, 14 NOV 2019
... 2018 amounts to 22 years of savings. As part of a campaign called ScamSmart, the UK Financial Conduct Authority and The Pensions Regulator have revealed £82,000 (AU$154,202) is the average amount victims of pension scams lost in 2018. It would take ...

Link Group enters UK market

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2019
Link Group announced it has entered the UK pensions market, forming a strategic global partnership with a UK-based pension platform. Link said the partnership with Smart Pensions provides it with a strong a credible market entry point into the fast-growing ...

First Sentier adds to global leadership team

ELIZA BAVIN  |  MONDAY, 11 NOV 2019
... Critical National Infrastructure in the public and private sector and joins the firm from the Department for Work and Pensions and has previously worked for Vodafone, Bank of England and the UK's National Crime Agency. Lastly, Ben Marks has been appointed ...

Actuaries develop retiree rule of thumb

HARRISON WORLEY  |  THURSDAY, 7 NOV 2019
... savings than the minimum amount required by the government. "Many retirees draw a bare minimum from their account-based pensions, or their savings, after they stop work," she said. "They can't afford to pay for professional advice from a planner, and ...

Industry fund offers bonus on income streams

KANIKA SOOD  |  THURSDAY, 31 OCT 2019
... they have invested in the growth option," Atkin said in a speech delivered at the i3 Investment Innovation Institute, Pensions Portfolios Forum this morning in Melbourne. "We believe this will be an important behavior change mechanism, making a difference ...

US manager eyes Aussie retirement income

KANIKA SOOD  |  WEDNESDAY, 30 OCT 2019
... place by July 2020. Thornburg's focus in now on its investment income builder fund, which it says is used by many US pensions. The multi-asset portfolio has a flexible asset allocation with a focus on producing yield and good risk-adjusted returns. ...

Industry fund appoints interim investment chief

HARRISON WORLEY  |  FRIDAY, 18 OCT 2019
... more than five years at ESSSuper in the 1990's. Between 2004 and 2007, Kessell managed investments at the London Pensions Fund Authority, before a short stint as a pension investment controller at the J Sainsbury Pension Scheme. legalsuper chief ...

ASIC nudges robo-adviser to shutter

ELIZABETH MCARTHUR  |  FRIDAY, 18 OCT 2019
... provided advice on the establishment of self-managed super funds, purchasing property with super, commencing and ceasing pensions and contributions into super. ASIC raised concerns with Lime FS about the quality of advice being generated by the robo-advice ...

IOOF acquires OnePath at a discount

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
IOOF has secured the sale of ANZ's OnePath pensions and investments business for $850 million, down from the original sales price of $975 million announced in October 2017. ANZ said the new price includes around $25 million that it has already received ...