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Showing 351 - 360 of 413 results for "defined benefit"

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 ...

Canadian fund slams investment restrictions

CHRIS NICHOLLS  |  MONDAY, 22 OCT 2007
... Benefits Act had failed to keep up with changes in pension plan governance and investment practices among the leading defined benefit pension plans. "A gap has opened up between legislative intent and industry best practices," he said. OMERS has CA$48 ...

Defined benefit super not a liability

While the top 170 companies listed on the ASX have an aggregate defined benefit superannuation liability of $40 billion, the total net liability is so minimal there is no cause for concern, according to a Watson Wyatt study. The study found that of ...

QIC and QSuper pour $28b in alpha-beta mandates

... with market timing but is all about the re-assessment of QSuper's long term risk allocation, particularly for the defined benefit portion of their fund," said Holzberger. Michelle Baltazar

Governance key to improving returns

CHRIS NICHOLLS  |  MONDAY, 13 AUG 2007
... points to a fund's returns. Comparing not-for-profit and retail funds worldwide, he said Canadian and American defined benefit funds consistently beat mutual funds by 2.66 per cent over 10 years, while Canadian defined benefit funds outperformed mutual ...