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Showing 271 - 280 of 407 results for "Defined benefit"

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 ...

NSW universities face $4.3bn in super liabilities

BEN COLLINS  |  MONDAY, 4 JUN 2012
... inform the superannuation schemes' trustee. "The SAS Trustee Corporation (STC) is the trustee of the State Super defined benefit superannuation schemes. These schemes include the State Superannuation Scheme the State Authorities Superannuation Scheme ...

Equipsuper pulls plug on Vision merger

MELANIE TIMBRELL  |  MONDAY, 28 MAY 2012
... Fairley said that while it has been a costly exercise for both funds given their complexities [both funds have defined benefit schemes], the capital laid out will put the fund in a better position to manage any future approaches. "We've both spent money ...

AustralianSuper wins landmark IBM mandate

MELANIE TIMBRELL  |  THURSDAY, 17 MAY 2012
... already using implemented consultants JANA Investment Advisers and Russell Investments. With both accumulation and defined benefit accounts, IBM Super will fall under the AustralianSuper Corporate Super umbrella. The company reviewed five potential transferee ...