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Showing 11 - 20 of 36 results for "Lifetime Pension"

Corporate fund selects Mercer Super for SFT

JAMIE WILLIAMSON  |  TUESDAY, 22 APR 2025
... active. The median account balance is about $200,000. The fund was also home to 32 defined benefit members with a lifetime pension entitlement. They have all already been transferred to the Challenger Retirement Fund. Last year, a KPMG analysis found ...

State Super: In decline but doing fine

ANDREW MCKEAN  |  FRIDAY, 21 MAR 2025
State Super closed its main defined benefit schemes in 1985 and 1992, meaning the fund is on a long slow march to completion. Its chief executive John Livanas unpacks the challenges of managing a fund with no new members and an inevitable end. State ...

Best super fund products revealed

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
... nine from corporate funds. The latest products to receive a AAA rating are: Australian Retirement Trust - QSuper Lifetime Pension, Australian Retirement Trust - Super Savings - Accumulation Account, Australian Retirement Trust - Super Savings Corporate ...

Challenger overhauls IT, awards mandate

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... partnered with the Commonwealth Superannuation Corporation (CSC) and TelstraSuper to launch its RetireAccess Lifetime Pension. Challenger managing director and chief executive Nick Hamilton said Australia is now firmly focused on strengthening the retirement ...

Australian Retirement Trust adds $12.3bn via CBA Group Super transfer

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2023
... beneficiaries with entitlements in Retirement Access and Accumulate Plus and those with defined benefit (other than lifetime pension) entitlements, has been completed. The second tranche is the transfer of the fund's 3700 lifetime pension members ...

TelstraSuper launches retirement product

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
... income for life through a new retirement product it's partnered with Challenger on. TelstraSuper's RetireAccess Lifetime Pension provides guaranteed income for life and can be indexed for inflation or market-linked, and blended with existing account-based ...

Super funds offer merger update

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
... beneficiaries with entitlements in Retirement Access and Accumulate Plus and those with defined benefit (other than lifetime pension) entitlements will be moved to ART on November 4. Meanwhile, the second phase is expected to occur in the first half ...

Aware Super, Challenger partner for DB solution

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... Challenger will provide Aware Super with a $619 million group lifetime annuity policy to de-risk some of its lifetime pension liabilities. Challenger was selected by the fund, saying it is well placed to meet the needs of Aware Super's defined benefit ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
An academic has raised concerns about the impact anti-hawking laws will have on superannuation funds' ability to provide financial advice amid the federal government's proposal to open advice to other channels. Anthony Asher, an associate professor ...

No longer an accumulation game: ART

CHLOE WALKER  |  THURSDAY, 1 JUN 2023
... products. Two years since the formation of ART, Spragg says the super fund often gets asked how it's going with its Lifetime pension product, originally launched under the QSuper brand. While ART is one of the country's largest superannuation funds ...