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Showing 261 - 270 of 407 results for "Defined benefit"

Government announces key super reforms

LAURA MILLAN  |  FRIDAY, 5 APR 2013
... infinite concessions to an infinite amount of money," he said. The same treatment will be applied to members of defined benefit funds, including federal politicians, which will save about $6 million over the forward estimates period. A Council of Superannuation ...

APRA to require funds to lodge 35 data forms

ALEX DUNNIN  |  THURSDAY, 28 MAR 2013
From 1 July this year, Registrable Superannuation Entities (RSEs) will have to submit up to 35 regular data forms, more than double the number they submit today. The changes are part of the prudential regulator APRA's new StrongerSuper data requirements ...

Strong returns help UniSuper stave off benefit review

ALEX DUNNIN  |  WEDNESDAY, 6 MAR 2013
... capital markets boosting UniSuper's investment returns have helped to lift the solvency funding ratios of the fund's defined benefit division - enough for the trustee to defer a decision on reviewing member benefits. While the trustee is remaining cautious ...

Australia becomes fourth largest pension pool

BEN COLLINS  |  MONDAY, 4 FEB 2013
... said. Australia remains the country with the highest proportion of defined contribution (DC) assets relative to defined benefit (DB) assets at 81%, followed by the United States with 58%. There is, however, an increasing shift in the direction of DC ...

Don't forget to remind DB members: ASIC

MARK SMITH  |  MONDAY, 21 JAN 2013
Australia's corporate watchdog has reminded the trustees of defined benefit superannuation schemes to keep their members up-to-date after a review of the sector. The Australian Securities & Investments Commission (ASIC) said that it wants to encourage ...

Super is back in favour

MARK SMITH  |  THURSDAY, 10 JAN 2013
Contributions to all superannuation entities for the year totalled $117.5 billion - the second biggest nudge into retirement savings ever - with employers and members contributing $82.1 billion and $34.2 billion respectively, according to the latest ...

In-house investment management risky

ALEX DUNNIN  |  FRIDAY, 30 NOV 2012
... arms length." This arms length approach has been used successfully by several Canadian pension funds, especially defined benefit funds managing specific asset classes such as property or infrastructure. But whatever a fund does, it must stay focused ...

CBUS investments in CMFEU sights

ALEX DUNNIN  |  FRIDAY, 23 NOV 2012
... stock holdings, plus media scrutiny against UniSuper in December last year following concerns at the time their defined benefit component was facing anticipated difficulties regarding future benefit liabilities. Superannuation Minister Bill Shorten told ...

Find super savings in public sector: Sherry

MELANIE TIMBRELL  |  TUESDAY, 2 OCT 2012
Former Rudd-government minister for superannuation Nick Sherry has advocated scrapping remaining defined benefit schemes for public servants and finding necessary savings by reducing public sector contributions instead of making cuts to broader super ...

Active membership in UK occupational pensions waning

MARK STORY  |  THURSDAY, 20 SEP 2012
... compared with 6.5 million in 1991 and 8.1 million at the peak (in 1967). In the private sector there is a mixture of defined benefit and defined contribution schemes, but in the public sector all occupational pension schemes are defined benefit. The ...