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Showing 341 - 350 of 407 results for "Defined benefit"

ING takes DB admin in-house

MICHAEL HOBBS  |  FRIDAY, 22 AUG 2008
... under one roof," he said. As a result, ING employer super members will be able to view their accumulation and defined benefit balances together online. Both balances will be included on the same statement next year. ING has created a new defined benefits ...

Deloitte hires Mercer UK for pension admin

MICHAEL HOBBS  |  FRIDAY, 8 AUG 2008
Deloitte appointed Mercer UK to provide full administration services for its defined benefit and defined contribution pension schemes. In total, both schemes represent roughly 17,000 members and approximately $1.6 billion in assets. Jason Pope, Mercer ...

PSS deploys Acurity

RUTH LIEW  |  TUESDAY, 22 JUL 2008
... Financial Synergy and Pillar Adminsitration. According to Financial Synergy, PSS is one of Australia's oldest defined benefit and pension funds and has a very complex set of rules. "We decided to transition the fund onto a leading, robust superannuation ...

FTSE100 pensions in the red

MICHAEL HOBBS  |  THURSDAY, 3 JUL 2008
... Yet Bhabra said these results could reinforce the value of inflation-protected pension schemes. "Companies with defined benefit pensions have offered their staff protection against prices rising in future but have limited protection against this themselves." ...

GESB converts to a 'true' mutual

RUTH LIEW  |  THURSDAY, 19 JUN 2008
... Retirement Income scheme will fall under the new GESB Mutual. Meanwhile the Gold State Super and Pension Scheme - both defined benefit schemes - will continue to be owned and regulated by the state. Administration and investment for these schemes will ...

Retirement liabilities dwarf assets six-fold

ALEX DUNNIN  |  FRIDAY, 18 APR 2008
... public pension tsunami, they said by 2040 China is expected to be paying pensions to almost 400 million people. Defined benefit funds, despite their unfavoured status by policymakers in Australia, still account for 58 per cent of built-up global retirement ...

RSL snubs proposed super changes

MICHAEL HOBBS  |  TUESDAY, 1 APR 2008
... stage. RSL national president, Bill Crews, said the RSL had rejected the proposed changes because it reduced the defined benefit contribution amount and was inappropriately indexed. "The one currently in place has an indexation of the Consumer Price ...

UBS and Genworth tap income-for-life market

RUTH LIEW  |  FRIDAY, 15 FEB 2008
... by the end of March this year. "The benefit will be designed to allay investor worries that social security and defined benefit pension plans may not be sufficient sources of future income," said UBS in a statement. UBS claims that the guaranteed income ...

AustralianSuper and Mercer now a tag team

RUTH LIEW  |  MONDAY, 4 FEB 2008
... "exhaustive", and said Mercer was bestowed the appointment due to the firm's "capacity to accommodate complex plans with a defined benefit component." "We are now seeing a new wave of outsourcing in the superannuation industry. Larger superannuation ...

Ambachtsheer receives Outstanding Industry Contribution Award

... worldwide. Retirement income systems are getting serious attention as to how they are optimally designed. The world of Defined Benefit versus Defined Contribution has progressed, leading to an optimum hybrid between the two. The key to all this is integrated ...