Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 291 - 300 of 413 results for "defined benefit"

Target setting works for super funds

ELISE BURGESS  |  TUESDAY, 24 JAN 2012
... funds according to new research from bond fund manager PIMCO, which assessed strategies used by not for profit defined benefit and defined contribution default fund options. The research paper, Defined Contribution Funds: Target setting can pay off ...

NTEU wants changes at UniSuper trustee company

ALEX DUNNIN  |  FRIDAY, 16 DEC 2011
... stakeholders to ensure changes to the UniSuper trust deed in 2006 do not reduce benefits to members of the UniSuper defined benefit division. They will also propose diversifying the share ownership structure of the UniSuper trustee company to reduce ...

UniSuper responds to criticism

ALEX DUNNIN  |  WEDNESDAY, 14 DEC 2011
... 7.30 news program last night ran a report on the $27 billion university and research sector fund, alleging the defined benefit fund is running short of assets and is at risk of possibly not being able to pay future anticipated benefits. Prompting the ...

Australia's retirement system the most sustainable in the world

RACHEL DAVIS  |  MONDAY, 14 NOV 2011
... coverage of the pension system is still a challenge. "Pay-as-you-go systems are moving towards funded systems, defined benefit towards defined contribution systems, and family support structures towards more formalised public systems," said Towell. "These ...

Adviser hiring blitz at Macquarie Private Wealth

ELISE BURGESS  |  THURSDAY, 10 NOV 2011
... self-managed super funds. The Canberra team has expanded by five new advisers with Paschal Leahy and Luke Furner for defined benefit superannuation recipients, Hena Power and Penny Ponder who will focus on portfolio management and self-managed super ...

European DC Pension market to hit A$3.7tr by 2015

ALEX DUNNIN  |  THURSDAY, 10 NOV 2011
... the sector, research group Cerulli said that while the European retirement savings market is still dominated by defined benefit plans, defined contribution assets are "stickier" and are growing faster. Making these of special interest to money managers ...

Funds should target retirement income not returns

ALEX DUNNIN  |  THURSDAY, 27 OCT 2011
... abysmal returns. Cooper said under current product designs we expect individuals to operate as if they their own defined benefit fund or insurer responsible for not just market risk and inflation but longevity risk. It leads to the situation that retirees ...

AvSuper awards double alternatives mandate

MATT WOODINGTON  |  MONDAY, 19 SEP 2011
AvSuper is poised to deliver two $20 million investment mandates to managers for its growth alternatives portfolio and has appointed a new investment officer. The fund is in the process of mandating Coller Capital and Siguler Guff to invest in private ...

REST Acumen attracts Global Fortune 500 company

ELISE BURGESS  |  THURSDAY, 25 AUG 2011
... against other potential providers, with AkzoNobel eventually selecting REST for its flexible offering, complex defined benefit schemes and good cultural fit. "In the corporate space it is about the alignment between what the individual companies are ...

Market plunge exposes system weakness: Cooper

MATT WOODINGTON  |  MONDAY, 8 AUG 2011
... suggested that the defined contributions system puts too much risk at the member's feet. "If you look at more defined benefit schemes in other countries, that volatility might be going on every week but the member doesn't have it shoved in their face ...