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Showing 321 - 330 of 3867 results for "Pension"

Advice take up falls amid decade-low retirement confidence

MATTHEW WAI  |  FRIDAY, 15 NOV 2024
... their main super fund offers financial advice, Investment Trends found, and two-thirds of pre-retirees are unaware of pension products from their super funds. "The challenge for super funds is to motivate large numbers of members to take specific actions-like ...

UK to follow Australia's lead in creating megafunds

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
... authorities will be consolidated and their assets pooled to create megafunds. The UK government plans to introduce a new Pension Schemes Bill next year to create megafunds that mirror those operating in Australia and Canada. By doing so, it's anticipated ...

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... assess scale of delays within its outsourced service provider, Australian Administration Services, a subsidiary of MUFG Pension and Market Services, formerly Link Group. ASIC also claims that Cbus was made aware of the issue between November 2022 and ...

New PGIM chief executive named

MATTHEW WAI  |  MONDAY, 11 NOV 2024
Prudential Financial has appointed a former Morgan Stanley Investment Management (MSIM) executive to lead its US$1.4 trillion global asset management business, PGIM. Effective 1 May 2025, Jacques Chappuis will lead PGIM as president and chief executive. ...

Commonwealth Super reports strong investment performance

ANDREW MCKEAN  |  THURSDAY, 7 NOV 2024
... more than just a healthy savings balance," he said. "With our recently launched RIS, CSC is proud to be evolving from pension administrator to a retirement partner that will help current and former employees of the Australian Public Service and Australian ...

Former Frontier alts head joins Evergreen

ELIZABETH FRY  |  THURSDAY, 7 NOV 2024
... Before that, Swaak ran QIC's qualitative hedge fund team. He began his career in The Netherlands with the Dutch Railway Pension Fund, ABN AMRO, and Aegon Asset Management. "With a Masters in Financial Econometrics from Erasmus University Rotterdam ...

Australian Retirement Trust works to resolve ongoing outages

JAMIE WILLIAMSON  |  MONDAY, 4 NOV 2024
Australian Retirement Trust (ART) suffered an outage that saw many members' fortnightly pension payments delayed by several days. The nation's second-largest superannuation fund has been experiencing "intermittent technology outages" that have ...

CFS, Viridian Advisory launch low-cost advice deal

KARREN VERGARA  |  MONDAY, 4 NOV 2024
... low-cost version of financial advice that starts at $500. The arrangement, available to CFS FirstChoice superannuation, pension, and investment clients, enables those who do not have a financial adviser to access advice from Viridian Advisory. This is ...

Retail super funds spend big on advice

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
... the top 20 super funds that had a massive advice budget were retail funds. AMP's Wealth Personal Superannuation and Pension Fund spent $294.5 million on external financial planning payments, followed by Macquarie's Superannuation Plan at $213.5 ...

CFS unveils fund manager, fee changes to FirstChoice

KARREN VERGARA  |  TUESDAY, 29 OCT 2024
... Baillie Gifford's Sustainable Growth option. From November 1, the FirstChoice Wholesale Personal Super, Wholesale Pension, and Wholesale Investments strategies will decrease administration and investment fees for some managers. The BlackRock Global ...