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Showing 311 - 320 of 407 results for "Defined benefit"

Mandatory online schooling for trustees

RUTH LIEW  |  WEDNESDAY, 20 JAN 2010
... understanding pensions, being a trustee, scheme rules, contributions and benefits, running a scheme, scheme financing for defined benefit schemes and investing a scheme's assets. Other topics include administration and accounting, member communication ...

Towers Watson to fix post-retirement blues

MICHELLE BALTAZAR  |  TUESDAY, 19 JAN 2010
... Rewards. Of the three, Benefits is the largest segment, with the firm's roots grounded on providing consulting for defined benefit funds, including on funding levels and actuarial advice. But as the superannuation sector moved gradually from being predominantly ...

ComSuper faces executive and admin reforms

RUTH LIEW  |  MONDAY, 30 NOV 2009
... 2011, delivering savings and enabling ComSuper to focus on improving administration of the larger and more complex defined benefit schemes," said Tanner in a statement. The Government intends to invest $22.4 million of the savings stemming from these ...

Retirement worries worse than job loss

RUTH LIEW  |  THURSDAY, 12 NOV 2009
... of respondents rating they were happy with their public fund. This is not a surprising finding, as low fees and defined benefit schemes have proven to be boons during the GFC and after, said Ross Clare, research director at ASFA. "If you're in a defined ...

Years of living dangerously

MICHELLE BALTAZAR  |  MONDAY, 9 NOV 2009
... discourage people who are contributing above the compulsory SG and would be almost impossible to implement for defined benefit funds. This would, ironically, affect the Government's own staff, as public servants in schemes with higher compulsory contributions ...

Mercer wins Equipsuper mandate

RUTH LIEW  |  FRIDAY, 6 NOV 2009
... early September, and the Retirement Benefits Fund of Tasmania. Industry fund Equipsuper has both accumulation and defined benefit divisions within its folds, and is open to the public for membership.

PSS reduces premiums

RUTH LIEW  |  TUESDAY, 6 OCT 2009
... ADIC," noted a statement from the fund. AIA is the restructured Australasian operations of AIG. Members of the defined benefit scheme who are under the age of 60 automatically receive cover in the event of death and permanent invalidity. However they ...

More room to slash super fees

MICHELLE BALTAZAR  |  TUESDAY, 29 SEP 2009
... based on whether the fund is corporate, retail or industry. Some analyses were also split between fees charged by defined benefit (DB) versus defined contribution (DC) plans. The key finding is that many funds are, for the most part, below or just above ...

Clock ticking for UK defined benefit schemes

COMPANY RELEASE  |  THURSDAY, 20 AUG 2009
Research has found half the UK companies with defined benefit pension schemes expect to close them to all employees in the next three years, forcing employees to rely on defined contribution schemes instead. Watson Wyatt research found more than one ...

GFC spurs DB plans commitment

RUTH LIEW  |  MONDAY, 20 JUL 2009
If you think the GFC had pushed pension funds away from defined benefit plans, think again - more than 70 per cent of fund executives have no intention of changing their DB plan structures. A new survey by Towers Perrin and SCO noted that while the ...