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Showing 11 - 20 of 72 results for "PSS"

NFP funds dominate retiree super: Research

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
... and Commonwealth Superannuation Scheme. The other funds are AMP Super, BT, MLC Super, UniSuper and Commonwealth Super Corp's PSS. Interestingly, of the top 10 retail funds by retiree assets (dollar amount), these assets make up close to half of their ...

CSC turns 100 years old

KARREN VERGARA  |  TUESDAY, 1 MAR 2022
... closure of the Commonwealth Superannuation Scheme (CSS) to new members in 1990 while launching the Public Sector Superannuation (PSS) scheme the same year. The PSS closed to new members in 2005 and was replaced by the Public Sector Accumulation Plan ...

State Super appoints acting CIO

KANIKA SOOD  |  THURSDAY, 5 NOV 2020
... for the State Authorities Superannuation Scheme (SASS), State Superannuation Scheme (SSS) and Police Superannuation Scheme (PSS).

VFMC hires State Super investments chief

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... for the State Authorities Superannuation Scheme (SASS), State Superannuation Scheme (SSS) and Police Superannuation Scheme (PSS). "[He was] responsible for the investment and actuarial teams and determining and executing the fund's investment strategies ...

Final farewell for industry association

JAMIE WILLIAMSON  |  FRIDAY, 7 JUN 2019
... Sector Superannuation schemes. In recent years, the body has predominantly advocated for changing the means by which CSS and PSS pensions are fairly indexed to ensure they matched the cost of living index. The pensions also remain taxable despite super ...

ASIC names new default super fund

JAMIE WILLIAMSON  |  TUESDAY, 28 MAY 2019
... Act, new employees were defaulted into the Commonwealth Superannuation Scheme (CSS), Public Sector Superannuation Scheme (PSS) or the Public Sector Superannuation accumulation plan (PSSap). No details of the agreement were disclosed. Historic data indicates ...

Curtain call for industry body after 96 years

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... taxation of pensions received by former government employees. SCOA does not believe the pensions received under the CSS and PSS are fairly indexed to the real cost of living. In a clear disadvantage, the pensions also remain taxable despite superannuation ...

Location, location, location: the key to retirement

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2017
The Apple Isle is calling for those wanting to make the most of their retirement, according to the latest insight from Milliman. A study of more than 300,000 Australian retirees shows the cost of retirement varies widely depending on where you live ...

Long term super fund returns approach record levels

STAFF WRITER  |  FRIDAY, 7 AUG 2015
... and retirees, may thus have experienced relatively poor performance. The top 5 Workplace MySuper and default options were PSS MySuper, CSS, Military Super, PSS and MTAA Super. The top 5 Personal funds over the 12 months measured by their balanced option ...

Govt pulls Public Sector Super fee subsidy

Members of the Public Sector Superannuation accumulation plan (PSSap) will now have to pay superannuation fees after the government pulled funding for a subsidy. Some 83,000 members will have to pay the $6.50 per month admin fees previously paid by ...