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Showing 271 - 280 of 410 results for "Defined Benefit"

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 ...

Separate wealth from income strategy: Merton

MELANIE TIMBRELL  |  FRIDAY, 24 AUG 2012
... individual for their goal has their own risk-free asset." In this way the member income curve looks similar to that of defined benefit schemes with members giving up the potential for excess returns in exchange for enhancing the chance of reaching their ...

Vision Super chief steps down

MELANIE TIMBRELL  |  WEDNESDAY, 15 AUG 2012
... on the merger with Vision Super in May this year. Rowe said that the current shortfall in Vision Super's legacy defined benefit obligations, which is being funded by municipal councils in Victoria was not likely to be an impediment to any future tie-ups. ...

Vision Super issues shortfall liability notices

MELANIE TIMBRELL  |  WEDNESDAY, 15 AUG 2012
... received notification of the individual liabilities they face to cover the $400 million shortfall on a Vision Super defined benefit scheme. Each local authority's liability is determined on the number of active members they have in that part of the scheme. ...

APRA updates MySuper FAQ guide

ALEX DUNNIN  |  THURSDAY, 12 JUL 2012
... single account statement. "A single account can cover both MySuper and choice interests, just as it can cover both defined benefit and defined contribution interests." Fees charged to members of MySuper products must be the same regardless whether some ...

Aust needs better PPP infra structures: Greiner

MELANIE TIMBRELL  |  WEDNESDAY, 11 JUL 2012
... Canada is shifting towards defined contribution (accumulation) plans, in 2008 the proportion of Canadians with defined benefit arrangement was as high as 77%, according to Statistics Canada. DB being so dominant makes investing for income stream so important. ...

Real estate suffers as Europe goes DC

MELANIE TIMBRELL  |  FRIDAY, 29 JUN 2012
... Real estate allocations in European pension funds are now bordering on negligible amid a European shift away from defined benefit schemes, according to Goldman Sachs Asset Management. Paul Trickett, head of global portfolio solutions at GSAM told a gathering ...

Vic to issue bonds to plug VisionSuper DB deficit

BEN COLLINS  |  THURSDAY, 21 JUN 2012
Victorian councils will fund a deficit uncovered in a Vision Super defined benefit fund through a special purpose bond issue backed by the state government. The Melbourne-based industry super fund, which manages funds on behalf of public sector employees ...