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Showing 381 - 390 of 791 results for "Pensions"

J.P. Morgan wins in $5bn NZ custody review

ALEX BURKE  |  TUESDAY, 22 MAR 2016
... Provident and the Government Superannuation fund were both closed to new members in the early '90s, but they continue to pay pensions to around 82,000 members and allocate new investments. Speaking to Financial Standard, Annuitas chief executive Simon ...

UK to introduce lifetime ISAs

ALEX DUNNIN  |  THURSDAY, 17 MAR 2016
... follows a raft of other measures designed to open up the UK savings system including the introduction of auto-enroll pensions in 2012, pension choice in 2014 and significant increases in the other pension plan contribution limits. The UK Lifetime ISA ...

Australia and UK to shape retirement landscape

DARREN SNYDER  |  MONDAY, 14 MAR 2016
... of attending the Conference of Major Superannuation Funds (CMSF) in Adelaide, J.P. Morgan managing director and global pensions executive Benjie Fraser said the way the two regions cover and think about their pension systems paints an interesting picture. ...

Rising age pension costs unfair on young people: CIS

ALEX DUNNIN  |  WEDNESDAY, 2 MAR 2016
... doubled from 10 years in 1933 to 20 years in 2011. These rising costs severely shift the obligation to fund aggregate age pensions onto younger people who are likely to have more restrictive age pension access. "The average worker is now expected to ...

Super hits $2 trillion

MARK SMITH  |  TUESDAY, 23 FEB 2016
... $37.5 billion and as a consequence, assets at aggregate level grow more than investment returns net of expenses alone. Pensions grew faster than lump sums in the year (12% compared to 9% growth). Pensions now represent 49.3% of benefit payments. Administration ...

ANZ reduces 146 Oasis staff in Macquarie partnership

ALEX BURKE  |  WEDNESDAY, 3 FEB 2016
... transition, which ensures they have time, support and notice to consider other options," explained ANZ managing director pensions and investments Peter Mullin. "Their entitlements are protected and a full range of career support services will be provided." ...

Pensioners want DB decision reversed

DARREN SNYDER  |  TUESDAY, 2 FEB 2016
... but "paid modest contributions at personal sacrifice at the time in the belief that when the time came to draw on their pensions, the government-of-the-day would honour its obligations." CPSA and other associations representing DB pensioners have said ...

Morningstar says retirees need balance

DARREN SNYDER  |  FRIDAY, 29 JAN 2016
... managing director research strategy Asia-Pacific, Anthony Serhan, said current minimum withdrawal rates for account-based pensions in Australia may lead to investors depleting retirement assets too soon. "When you look at the withdrawal rates we have ...

Public sector retirees angry over income exemption cuts

DARREN SNYDER  |  THURSDAY, 14 JAN 2016
... contribution, plus a further 15% annually of investment earnings within the fund. He said as a result "account-based pensions" are tax-free in the hands of the retiree, and for several years were not assessed under the Centrelink income test for access ...

Australian expats pension protected

DARREN SNYDER  |  TUESDAY, 12 JAN 2016
... without having to return to Australia, while Indian residents living in Australia will have access to Indian retirement pensions." O'Dwyer said the agreement will improve economic links between Australia and India. "As a result of this agreement, temporarily ...