Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 341 - 350 of 413 results for "defined benefit"

Westpac prizes growth and alternatives

RUTH LIEW  |  FRIDAY, 27 MAR 2009
... the three options, remain the same. The changes affect members who hold accumulation accounts or those who are defined benefit members with a SuperSave account. "The changes aim to increase investment returns and improve diversification of these investment ...

Super assets lose $25bn

RUTH LIEW  |  WEDNESDAY, 11 MAR 2009
... accumulation are estimated as 80.1 per cent or $618.9 billion at 30 June 2008, with 19.9 per cent or $154.1 billion in defined benefit. Overall, contributions to all super entities reached $120.4 billioin last year. Employers contributed $69.4 billion ...

GESB plans on hold

MICHAEL HOBBS  |  THURSDAY, 12 FEB 2009
... before proceeding. The mutualisation process means the State Superannuation Board would become responsible for the defined benefit Gold State Super and Pension schemes and the investment management and administration will be outsourced to GESB. The government ...

Pensions deficit hits US firms

MICHAEL HOBBS  |  TUESDAY, 9 DEC 2008
... billion surplus into a $420 billion deficit, according to Mercer. According to Mercer's research, the S&P 1500 defined benefit pension plans lost over $200 billion in November, $170 billion in October and more than $150 billion in the first three quarters ...

DB back in vogue: Equipsuper

RUTH LIEW  |  TUESDAY, 7 OCT 2008
... transferring from DB to accumulation schemes. "In the heady days of 20 per cent-plus returns from equity markets, some defined benefit members felt they might be missing out, but the experience of the past twelve months appears to have convinced them ...

NAB Super ups employer contribution

RUTH LIEW  |  WEDNESDAY, 24 SEP 2008
... accounts from that date, an increase from 9.4 per cent. However this new rate does not apply to members of the A3 (Defined Benefit) Category, said the fund. Their contribution rate is determined by the fund actuary and is based on the rate necessary ...

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." ...