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Showing 21 - 30 of 3451 results for "Pension"

Treasury releases draft legislation for new $3m super tax

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... of these proposed measures," it said. "This includes how the measures will impact Government and other defined benefit pension schemes. The proposed measures will add further complexity, red tape, cost, and unintended outcomes to what is an already complex ...

AustralianSuper engages TAL to create retirement option

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... drawing down a regular income stream from their superannuation savings while also maximising the benefits of the Aged Pension. For others, it is providing the comfort that no matter what their retirement journey they have the certainty of an income for ...

UK manager recruits Australia head

ELIZABETH FRY  |  FRIDAY, 15 MAR 2024
... and New Zealand. In this Sydney-based role, Thurgood was responsible for identifying and developing relationships with pension funds, private banks, institutional investors and other investors. Before that, the sales executive was the managing director ...

Ontario Teachers' massively underperforms benchmark

ANDREW MCKEAN  |  WEDNESDAY, 13 MAR 2024
Ontario Teachers' Pension Plan Board reported a meagre 1.9% net return for 2023, falling short of its 8.7% benchmark, translating to a $15.8 billion negative value add. This contrasted with a modest 4% return in 2022, which surpassed its benchmark ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... contributions for services to enjoy a dignified experience in aged care." Further, it said: "The taskforce suggests the Age Pension status of the participant, with some additional tiers for part-pensioners and non-pensioners, would be a fair and simple ...

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... "Breaking the seal on super leaves people poorer in retirement and costs every Australian taxpayer more from higher age pension costs," she said. SMC analysis found a 30-year-old couple who withdrew $35,000 each from their super could retire with about ...

Family offices still love hedge funds: Preqin

CHLOE WALKER  |  TUESDAY, 5 MAR 2024
... allocation than endowment plans, foundations, investment trusts, corporate investors, wealth managers, private sector pension funds, government agencies, and public pension funds alike. Specifically, the report said family offices are showing interest ...

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
... billion in funds under management just over a year after its launch in October 2022, alongside the quiet rollout of a pension product. Close behind, Essential Super's Employer - Lifestage 1980-1984 option, managed by Colonial First State (CFS) for ...

Long-term cost of super early release to be $85bn: SMC

CHLOE WALKER  |  FRIDAY, 1 MAR 2024
... mid-2060s when the last of those who accessed the scheme, currently aged in their 20s, begin to retire and qualify for the Age Pension. These costs are borne by future taxpayers, either explicitly via an increase in taxes or implicitly via a reduction ...

Annuities too expensive for most retirees: Research

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
Analysis shows an annuity that pays an income equivalent to the Age Pension would cost a retiree more than $500,000. In researching whether annuities could solve superannuation's need for better retirement income stream solutions, Rainmaker Information ...