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Showing 351 - 360 of 3876 results for "pension"

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 ...

Aged care costs begin to worry older Aussies

MATTHEW WAI  |  WEDNESDAY, 25 SEP 2024
... Seniors Australia chief executive Chris Grice said. The research also found that most Australians over 50 believe the Age Pension will not be enough to fund retirement, even for homeowners. Of the 4700 Australians surveyed, nine in 10 said the Age Pension ...

MLC Super to slash admin fees for members

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... will be halved from 0.30% to 0.15% per annum. Meantime, administration fees on Plum Retirement Income and MLC MasterKey Pension Fundamentals will drop from a maximum of 0.30% to 0.10%. The annual fee cap applied to Plum Retirement Income member accounts ...

Pre-retirees expect less reliance on Age Pension: Investment Trends

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
Most Australians anticipate they will fund only 12% of their retirement income with the Age Pension, but the reality is retirees currently need nearly double that amount, a new study from Investment Trends finds. A survey of more than 5600 participants ...

China to raise retirement age from 2025

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
... 1970s, China will begin "gradually raising" the national retirement age from next year as it looks to stretch a dwindling pension budget further to sustain its ageing population. The country has approved proposals to raise the statutory retirement age ...

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
Many recipients of the Age Pension will pay more for aged care under proposed reforms to how the sector is funded, with wealthier Australians to cover more of the costs they incur from July 2025. With the nation's annual aged care expenses predicted ...

Aussies unprepared to manage retirement income

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
... technology provider's research, which was carried out with 120 financial advisers, found that knowing what approach to take for pension income - for instance, drawdown, annuity, or a blended strategy - was the second largest issue facing consumers at ...