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Showing 11 - 20 of 3457 results for "pension"

Mine Super cuts fees, updates investment options

ANDREW MCKEAN  |  WEDNESDAY, 17 APR 2024
... new pre-mixed investment options to its members - a defensive option and moderate option. Both will also be offered to pension members. The defensive option has a "medium level of risk" and includes assets like cash and fixed income. It also has some ...

WTW to launch dedicated private equity fund

ANDREW MCKEAN  |  MONDAY, 15 APR 2024
... initiatives to better align the long-term investment needs of many end investors, including Defined Contribution (DC) pension savers. WTW added that it believes that private equity investments, which historically have offered a high illiquidity premium ...

DWS appoints new local chief executive

ELIZA BAVIN  |  THURSDAY, 11 APR 2024
... coverage," Tomova said. "Australia is a mature investment market and continues to play a defining role in shaping and driving pension investments. My team and I look forward to forging more partnerships with investors locally." Wang said she was delighted ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... features such as, speed, flexibility, and attentiveness have proved valuable to borrowers. Institutional investors such as pension funds and insurance companies have eagerly invested in funds that, though illiquid, offered higher returns and less volatility." ...

Nest appoints interim chief executive

ELIZA BAVIN  |  FRIDAY, 5 APR 2024
... Nest will run an open process to appoint a permanent chief executive during 2024. Nest is the UK government's workplace pension scheme, established in 2008. It currently invests £39 billion ($74.8 billion) on behalf of its 13 million members, making ...

Treasury mulls transfer balance credit provision reforms

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
The government is consulting on changes to provisions afforded to super fund members with a capped defined benefit income stream to ensure they are not negatively impacted in the event of a merger. Under current legislation, when a super fund merges ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
... promote intergenerational fairness, ensuring young people don't experience higher tax obligations to fund the Age Pension. The Australian Council of Trade Unions (ACTU) praised the Bill for enshrining "fundamental principles" of superannuation, ensuring ...

NZ Super Fund chief investment officer departs

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
... leave the NZ Super Fund at the end of June 2024 to take up the role of chief investment officer at CalPERS, the largest pension plan in the United States with US$494 billion under management. Acting chief executive Paula Steed said the fund is sorry ...

Wealth firm gears up to change administrator

ANDREW MCKEAN  |  TUESDAY, 2 APR 2024
Acclaim Wealth is preparing to conduct a data migration for its AMG Super Personal Pension Division next week, involving approximately 6000 members with funds under management of $1.6 billion. The migration will move these members from an old FNZ technology ...

Mercer Super recruits growth lead

ELIZABETH FRY  |  TUESDAY, 2 APR 2024
... markets business. Most recently, as head of investor client management, he was tasked with developing relationships with pension funds, large asset managers, and sovereign wealth funds. Before that, he ran an Aussie dollar debt syndicate, building a ...