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Showing 371 - 380 of 413 results for "defined benefit"

Joining a DB fund the ultimate choice

ALEX DUNNIN  |  FRIDAY, 3 NOV 2006
The forced demise of defined benefit (DB) super because of fund consolidation and a changing workforce has unfairly cast DB funds as last century thinking. But that totally misses the point. Ann Byrne, Unisuper chief executive officer, said, "People ...

Bravura partners with Statewide for super development

HAMISH MADDEN  |  MONDAY, 4 SEP 2006
... administration platform. SuperB is one of the modules on the Sonata platform and was built to facilitate the needs of defined benefit, defined contribution, third party record keepers, government agencies and provident fund managers. It assists users ...

SnowyHydro snow job?

ALEX DUNNIN  |  MONDAY, 22 MAY 2006
... Government, nothwithstanding it also has a $55 million unfunded superannuation liability due to its legacy with the defined benefit PSS and CSS Commonwealth super funds. NSW Finance Minister, John Della Bosca, speaking on ABC television, has unsurprisingly ...

Hewitt eyes investment consulting

... superannuation fund. "With BHP, we do a lot of strategic investment consulting. Most of that has got to do with their defined benefit assets, which is a model they picked up from the UK," said Nerida Seccombe, Hewitt's recently appointed head of superannuation ...

Super SA partners with IFFP to offer commission-free advice

... we're used to dealing with complicated benefit structures. Quite a number of funds that we provide services to are defined benefit structures so we provide advice on those as well as on straight accumulation models," he said. Given the scale of the new ...

DB, healthcare costs blow out US valuations: AXA Rosenburg

... fund liabilities are treated is also a big factor. According to AXA Rosenburg, only 10 per cent of US corporate defined benefit plans are over-funded and this means they are drawing capital reserves from company balance sheets. It's even worse when you ...

Australia leads charge on super assets growth

... are solid, with institutional superannuation assets totalling US$16.4 trillion, Watson Wyatt noted concerns over defined benefit funds with liabilities "stubbornly high" and most balance sheets having a high equity content of 58 per cent of total assets. ...

Super choice information overload

... according to Herron, is possible if their parent companies, like Nestle, insisted on continuing to offer an open defined benefit fund for its members. "When your parent company says, 'you will exist', you just do what needs to be done to continue." Healy ...

Another international DB fund bites the dust

WWW.THESHEET.COM  |  THURSDAY, 19 JAN 2006
The National Australia Bank's UK operations have become the latest company to dump their final salary-based defined benefit pension plan in an attempt to control the ballooning costs of such schemes, according to UK reports. Among the major changes ...

Apples are not apples with new accounting standards

... not because of any fundamental changes to the business. Companies that will be impacted more are those that have defined benefit superannuation funds, significant employee share or option schemes and those that use derivatives heavily. And while the ...