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Showing 311 - 320 of 791 results for "Pensions"

Baby boomers receive $259 million, pension work bonus lifted

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
Working baby boomers who also receive age pensions will now be able to earn up to $300 a fortnight before the Government starts to trim their pension payments. The 2018 Budget initiative formed part of Treasurer Scott Morrison's $258.6 million baby ...

Budget paves way for retirement income framework

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... have no impact on expenditure. The Financial Services Council said it welcomes the Government's efforts to reform the pensions test for lifetime annuities, and the concept requiring trustees to formulate a retirement plan for members. "This change should ...

US project to end pension politics

KANIKA SOOD  |  MONDAY, 30 APR 2018
... assumptions are used. States alone have $6 trillion in unfunded liabilities - not counting the thousands of county and city pensions. It is advocating four core principles in public pension management: adherence to fiduciary responsibility; balanced ...

ANZ, NAB bottom lines take a hit

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... half-year reporting period in early May. ANZ will incur a loss of $632 million from the sale of its life insurance, and pensions and investments businesses. About $277 million is attributed to an assets and liabilities fair value loss (of which is $396 ...

OneVue to create digital community via acquisition

JAMIE WILLIAMSON  |  TUESDAY, 17 APR 2018
... Practice Education founder and chief executive Vanessa Stoykov described the sale as an enormous stride forward in making pensions irrelevant for Generation X and beyond. "To reach more people, we needed scale and access to technology. OneVue provides ...

Commonwealth Super signs technology partner

JAMIE WILLIAMSON  |  TUESDAY, 17 APR 2018
... Bravura director of business development Jason Tong said at the time. Sonata is capable of supporting investment, wrap, pensions and life insurance products across multiple channels. It also provides a customer-centric digital platform for streamlined ...

Optimum Pensions appoints general manager

KANIKA SOOD  |  MONDAY, 26 MAR 2018
Optimum Pensions, a new entrant to the retirement income segment has tapped top industry talent to run its white label offering. Peter Rowe is moving into the newly-created role of general manager. He was initially hired as manager, business development. ...

Zurich hires risk strategy specialist, retains OnePath brand

KARREN VERGARA  |  TUESDAY, 20 MAR 2018
... announced last year it will sell its life insurance business to Zurich for $2.85 billion, while IOOF is acquiring ANZ's pensions and investments division. Both transactions are expected to finalise later this year. Bailey told a recent financial adviser ...

Fidante forms partnership with $500m firm

ALEX BURKE  |  FRIDAY, 16 MAR 2018
... Latigo with access to well-suited, long-term global institutional investors including sovereign wealth funds, national pensions and superannuation funds." Latigo was founded in 2005 by former Satellite Asset Management principal David Ford and former ...

Time to move beyond "cheap and generic" retirement products: Milliman

ALEX BURKE  |  WEDNESDAY, 7 MAR 2018
... financial planning client, it's especially important for retirees, who are drawing income from a mix of investments and pensions - a mix that is, in many cases, susceptible and vulnerable to market movements. This is an excerpt from the Financial Standard ...