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Showing 11 - 20 of 407 results for "defined benefit"

Commonwealth Super delivers 'resilient' performance for FY25

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
... designed for lower capital value variation, delivered 7.3% for PSSap and 7.2% for ADF Super. Additionally, its Defined Benefit options returned 10.8% for the CSS Default option, 10.7% for the MilitarySuper Balanced option, and 10.6% for the PSS Default ...

ART inks mandate with Zurich

KARREN VERGARA  |  MONDAY, 14 JUL 2025
... Super Savings account holders," an ART spokesperson said. Super Savings accounts are available to accumulation, defined benefit and lifecycle investment strategy members. According to APRA's March 2025 statistics, there are 92,920 members in the ...

UniSuper delivers 10.3% to members

ELIZA BAVIN  |  FRIDAY, 11 JUL 2025
... option designed and managed by our in-house investments team," UniSuper said. UniSuper said for members in the Defined Benefit Division, the defined benefit fund remains in a healthy surplus and members' accrued benefits are currently well funded. ...

Old challenges push asset managers to inflection point: Citi

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... CREATE-Research chief executive Amin Rajan said the "profit dynamic is worsening with the rise of passive funds." "Defined benefit pension plans are now derisking with ageing demographics. The investor base is shifting towards a new generation of digitally ...

Super tax requires a 'holistic' review: ASA

MATTHEW WAI  |  FRIDAY, 13 JUN 2025
... capital gains tax on those same assets may still be owed by the estate." Waterhouse also raised concerns over defined benefit pensions, which are assessed using formulas rather than actual account balances, meaning many public sector employees and politicians ...

MP says Coalition will 'fight to the death' over $3m super tax

MATTHEW WAI  |  WEDNESDAY, 4 JUN 2025
... month, Liberal Senator Andrew Bragg condemned the bill, claiming that it won't impact politicians with specific defined benefit schemes that pre-date 2004; Chalmers subsequently confirmed that all politicians will be subject to the tax. Other industry ...

UK treasury provides guidance on local pension consolidation

MATT TOLEDO  |  FRIDAY, 30 MAY 2025
... plan to reach $52 billion (£25bn) AUM by 2035. In addition, the Treasury issued its response to the options for defined benefit schemes consultation, which outlines how the more than $335 billion (£160bn) in surplus assets in UK defined benefit plans ...

Chalmers and Bragg spar over $3m super tax

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... copped heat from Chalmers over his claims that the Division 296 tax changes won't impact politicians with specific defined benefit arrangements that pre-date 2004. Chalmers has maintained that politicians, no matter whether they're members of the Parliamentary ...

Corporate fund selects Mercer Super for SFT

JAMIE WILLIAMSON  |  TUESDAY, 22 APR 2025
... accounts, about 720 of which are 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. ...

Hostplus limits investment options

ELIZA BAVIN  |  FRIDAY, 11 APR 2025
... options: the Australian shares, international shares, and growth options. Additionally, changes will be made to the defined benefit reserve investment strategy, switching from bespoke investments to the Conservative Balanced investment option. "[The ...