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Showing 271 - 280 of 413 results for "defined benefit"

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 ...

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 ...