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Showing 11 - 20 of 273 results for "Retirement System"

ASFA pushes for tax redistribution to benefit low-income workers

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... contributions from those with substantial superannuation balances can help foster a more balanced and equitable retirement system. "Division 296 and Division 293 aren't just measures aimed removing tax concessions for those with high super balances - ...

Advisers encouraged to engage with clients' kids

ELIZA BAVIN  |  MONDAY, 29 JUL 2024
... to lifetime income solutions and financial advice, improved financial literacy at all ages, and a simplified retirement system," he said. "Most importantly this confidence could improve their quality of life in retirement, but it could also be a catalyst ...

CalSTRS creates Total Fund Management division

ANDREW MCKEAN  |  FRIDAY, 26 JUL 2024
The California State Teachers Retirement System (CalSTRS) has established a Total Fund Management division, according to its latest Investments Branch business plan. CalSTRS chief investment officer Scott Chan, who took on the role this month following ...

Adviser queries jump 40%: AMP

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... deductible contributions by the end of financial year for greater tax effectiveness." Perri added that as the retirement system beings to reach maturity it is paramount that Australians feel confident to navigate the transition from accumulation to the ...

CalSTRS appoints chief investment officer

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
The California State Teachers' Retirement System (CalSTRS) has named a chief investment officer to succeed Christopher Ailman, who announced his retirement in January after a long tenure. Scott Chan, who's served as deputy chief investment officer since ...

Future Fund deputy CIO jumps to Blue Owl

ELIZABETH FRY  |  FRIDAY, 26 APR 2024
... Clarke added. These include Abu Dhabi's Mubadala Investment Company and the California Public Employees Retirement System (CalPERS). Blue Owl specialises in financing private equity-backed acquisitions, buying stakes in private firms and investing ...

BlackRock's Fink signals a tough road ahead for future retirees

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
... challenging now that it was 30 years ago, and it will be "much harder" in the future. As such, Fink said the retirement system in America needs modernising, at the very least. He said that the federal government has prioritised maintaining entitlement ...

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... comes as the Senate economics committee prepares for a hearing into consumer experiences and choices in the retirement system, which will examine the Coalition's policy. SMC said pouring retirement savings into housing would inflame an already-inflated ...

AustralianSuper calls for an 'account for life'

ANDREW MCKEAN  |  MONDAY, 12 FEB 2024
... AustralianSuper has urged for an 'account for life' superannuation reform to Treasury, in a bid to deliver a visionary retirement system. The super fund also advocated for the automation of Age Pension applications, a move that would enable an integration ...

CalSTRS investment chief announces retirement

ANDREW MCKEAN  |  FRIDAY, 12 JAN 2024
California State Teachers' Retirement System (CalSTRS) chief investment officer Christopher Ailman will depart on June 30, after 24 years at the fund. At an Investment Committee meeting, Ailman revealed his intention step down from the position ...