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Showing 261 - 270 of 413 results for "defined benefit"

Russell appoints Mercer COO to head insto business

MARK SMITH  |  TUESDAY, 16 JUL 2013
... business in May. "Russell is focused on driving relationships with local insurance companies, industry funds, defined benefit funds, non-profits and corporate funds - helping them provide tailored solutions for members in the current challenging market ...

Labor completes super agenda with passage of four bills

JAMES FERNYHOUGH  |  TUESDAY, 25 JUN 2013
The federal government's superannuation reform agenda is complete following the passage of four bills through the Senate last night. Included in the new laws (listed below) was an increase in concessional contribution caps to $35,000 for people over ...

Russell appoints three to actuarial team

MARK SMITH  |  TUESDAY, 25 JUN 2013
... Buttler, with 30 years' superannuation and actuarial experience, will focus on actuarial consulting to large complex defined benefit funds. He was previously a senior consultant at Rice Warner and prior to that an associate director at Deloitte. O'Halloran ...

Investment strategy differences derail super merger talks

JAMES FERNYHOUGH  |  WEDNESDAY, 5 JUN 2013
... really were," he said. "We hadn't even signed a memorandum of understanding." Dundon said that Vision Super's defined benefit shortfall - originally amounting to $453 million - was not an issue in the decision not to merge, as the shortfall was quarantined ...

Plans to close large UK defined benefit angers members

MARK SMITH  |  THURSDAY, 2 MAY 2013
... contribution pension, where payments are not guaranteed and depend on the performance of the underlying fund. Defined benefit schemes are becoming increasingly rare in the UK and other markets as companies are facing up to the realities of increased ...

MySuper draft regs released for consultation

ALEX DUNNIN  |  WEDNESDAY, 1 MAY 2013
... that are transferred from foreign superannuation funds and details of the circumstances in which a person in a defined benefit scheme will be excluded from certain MySuper requirements.

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 ...