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Showing 341 - 350 of 3876 results for "pension"

Institutional outflows ensure mixed quarter for Insignia Financial

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
... positive market movements, which added $4.4 billion. However, the result was offset by $768 million in net outflows and pension payments of $340 million. Breaking it down, Insignia said reduced hiring across its employers in the Workplace segment impacted ...

Jupiter AM awards distribution mandate

KARREN VERGARA  |  TUESDAY, 22 OCT 2024
UK active fund manager Jupiter Asset Management has inked a new distribution partnership as it targets the superannuation sector and attempts to expand in the region. The £51.3 billion ($100bn) investment manager hired Melbourne-based Institutional ...

Australia's retirement system slides down rankings

MATTHEW WAI  |  WEDNESDAY, 16 OCT 2024
... with experts saying it's the result of a lack of focus. According to the 16 th annual Mercer CFA Institute Global Pension Index report, Australia is now ranked sixth globally with an index value of 76.7 and a B+ grade, now sitting behind Singapore ...

Liberal MPs slammed for 'dangerous' super policy

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2024
... superannuation system, where super was the preserve of men and older single women were expected to survive on the Age Pension alone." Kowalczyk added there was a concern the proposal could enable economic abuse of women by their former partners in the ...

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 ...