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Showing 11 - 20 of 259 results for "Retirement System"

More pension funds, insurers impacted by MOVEit mass-hack

JAMIE WILLIAMSON  |  TUESDAY, 27 JUN 2023
... personal information was stolen in the same breach impacting members of CalPERS. The California State Teachers Retirement System (CalSTRS) told members a vulnerability in file transfer application MOVEit, which it uses to pass information on to PBI Research ...

Cyber breach claims CalPERS member data

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... funds have had their personal information accessed in a cybersecurity breach. The California Public Employees' Retirement System (CalPERS) is alerting its retired members and their relevant family members that some of their personal information was downloaded ...

Former QIC exec now OMERS risk chief

ELIZABETH FRY  |  FRIDAY, 9 JUN 2023
A longstanding QIC risk specialist has been named the Ontario Municipal Employee Retirement System's (OMERS) new chief risk officer, reporting to the Canadian pension fund's chief executive Blake Hutcheson. Joining OMERS in 2020, Deb Barnes ...

Martin Fahy to step down as ASFA chief

CASSANDRA BALDINI  |  FRIDAY, 26 MAY 2023
... 12% Superannuation Guarantee," it outlined. Commenting on his departure Fahy said Australia's superannuation retirement system is the envy of its OECD peers. "It allows Australians to face retirement with confidence and makes the fiscal burden of an ...

Drawdown reforms boosts post-retirement phase

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... will collectively drawdown an additional $20+ billion from super per year leading to a 'more effective' retirement system," FSC chief executive Blake Briggs said. The paper also recommends the removal of regulatory barriers to innovative new ...

Pay gap bill passes, effective next year

CASSANDRA BALDINI  |  FRIDAY, 31 MAR 2023
... Blakey said, the fund wants to see super paid to workers on parental leave. "Because this will help make our retirement system fairer for all Australians and take an important step forward in addressing the gender super gap," she commented.

Investment bonds offer refuge amid super changes

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... it's important to recognise that economies and countries are constantly evolving. So even though Australia's retirement system has been a model for the rest of the world, that doesn't mean it shouldn't evolve to meet changing needs, Hackett said. ...

Australia leads the way in pension system sustainability: ASFA

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
... reforms to repair their retirement systems," ASFA chief executive Martin Fahy said. "In contrast, Australia's retirement system is well placed to face challenges to fiscal sustainability, due in large part to high levels of private superannuation ...

ESG impacts on US pension funds tested

RACHEL ALEMBAKIS  |  MONDAY, 13 FEB 2023
... BlackRock, with Republican State Treasurer Scott Fitzpatrick announcing that the Missouri State Employees' Retirement System (MOSERS) has sold all public equities managed by BlackRock. In June 2022, the MOSERS Board of Trustees directed staff to ...

Australians lack confidence in retirement: SSGA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
... Global Advisors (SSGA) Retirement Reality report has revealed a widespread lack of confidence in Australia's retirement system. Despite recent changes to the Australian retirement system, including the Your Future, Your Super (YFYS) reforms, aggressive ...