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Showing 341 - 350 of 3872 results for "Pension"

Nest plans retirement income play

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2024
Nest, the UK's largest defined contribution workplace pension scheme by members, will work with WTW and Hymans Robertson to develop a retirement offering. It's estimated that in the coming years one in three UK workers will have pension savings with ...

Australian Ethical drops investment fees

ELIZA BAVIN  |  MONDAY, 14 OCT 2024
... option will see fees drop from 1.07% to 0.99%. Members in the high growth option will see fees reduced from 1.12% to 1.03%. Pension members in the conservative option will see fees drop from 0.70% to 0.69%, and pension members in the growth option will ...

IFM Investors loses top executive

ELIZABETH FRY  |  FRIDAY, 11 OCT 2024
IFM Investors' high-profile chief operating officer Lounarda David has quit the pension-owned infrastructure and private equity specialist. David plans to take a short break before deciding what to do next - probably until after the Christmas holiday ...

Brighter Super increases retirement bonus

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2024
... Brighter Super members just got bigger, with the fund increasing the incentive it pays to retirees who transition to a pension account. The Retirement Reward paid by Brighter Super has risen from 0.5% in FY23 to 0.8% for FY24. As a result, at September ...

Australian investment market moves onward and upward

ANDREW MCKEAN  |  THURSDAY, 10 OCT 2024
... Australian-sourced FUM has grown at an average annual rate of 8.3%. Institutional FUM, managed for large investors like pension funds and insurers, grew by 12% over the past year, while wholesale FUM fell by 2.3%. Interestingly, the indexed investments ...

ANZ, OnePath settle $50m class action

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
... Australia). Subject to court approval, the settlement entitles thousands of members with OnePath or ANZ superannuation or pension accounts to compensation, which will be paid to group members who register with the firm. The class action alleged that ...

Moneysoft acquired by MUFG Pension & Market Services

JAMIE WILLIAMSON  |  THURSDAY, 3 OCT 2024
MUFG Pension & Market Services has acquired 100% of financial software Moneysoft, with plans to integrate the technology into its retirement product portfolio. Moneysoft has become part of the Retirement Solutions business at MUFG Pension & Market Services ...

Ontario Teachers', Hines snap up build-to-rent portfolio

ANDREW MCKEAN  |  TUESDAY, 1 OCT 2024
The Ontario Teachers' Pension Plan and global real estate investment manager Hines have acquired two build-to-rent (BTR) properties in Brisbane, comprising 354 units, from ADCO Group. The first property, located at 28 Robertson Street in Fortitude Valley ...

Retirement calculators 'can't be counted on': SCA

ANDREW MCKEAN  |  MONDAY, 30 SEP 2024
... spending. Instead, homeownership was also considered when determining which asset limit to apply when calculating the Age Pension. "The treatment of mortgages in the calculators was also disappointing," the research said. In 2021, 22.8% of people aged ...

Colonial First State hires PE head, farewells sales exec

ELIZABETH FRY  |  FRIDAY, 27 SEP 2024
Colonial First State has hired a local investment director from a global pension fund to run private equity and unlisted assets. At the same time, its head of investment sales has exited. The wealth and superannuation giant confirmed that Chloé Brayne ...