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Showing 21 - 30 of 732 results for "Pensions"

Ireland to create new sovereign wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 OCT 2023
... help us to meet the costs of running the State in the future and will make a contribution to the cost of healthcare, pensions, home care and much more." As an example, McGrath explained it is expected Ireland's age-related spending will be about €7-8 ...

Allianz Retire+ launches retirement solution for super funds

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
... integration opportunities with advice platforms and can be incorporated within superannuation funds and account-based pensions. In April, AGILE was accessible to members of Link Group's superannuation fund clients via its Pathfinder retirement platform. ...

Super funds offer merger update

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
... reasonably straightforward and can be merged in a short timeframe," CBA Group Super said. "The defined benefit lifetime pensions are more complex and as a result will be merged in the first half of 2024." All members will sit within the CBA Group Super ...

OTPP, PGGM chief investment officers resign

JAMIE WILLIAMSON  |  WEDNESDAY, 20 SEP 2023
... early 2022 and was chief investment officer, private markets for six years prior. He's been with PGGM, which manages the pensions of various pension funds, since 2014 when he joined from KPMG. "After careful consideration during the last couple of months ...

Older Aussies are retirement illiterate: Survey

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... exact amount retirees should drawdown is also complex. Citing a 2022 study by actuary and head of innovation at Optimum Pensions Jim Hennington, some 840,000 Age Pensioners (about a quarter of those over 65) are currently impacted by complex means tests. ...

Largest pension funds see drop in assets: Research

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
... including 16 local super funds, have seen their assets drop for the first time since 2018. According to the Global Top 300 Pensions Funds report, conducted by Willis Towers Watson (WTW) and the Thinking Ahead Institute, revealed an asset drop is on par ...

IFM Investors appoints head of sustainable investment

CASSANDRA BALDINI  |  TUESDAY, 5 SEP 2023
... sustainability initiatives across the business' growing global portfolio. IFM said she brings a wealth of global experience in pensions, stewardship, and sustainable investing to the firm. Previously, she held the role of principal and market engagement ...

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... Balanced Fund. In response, AMP said the options that failed represent just 1.5% of the total FUM held by AMP in super and pensions. It added that all its MySuper options passed the test, as did the bulk of its trustee-directed products. Further, AMP ...

Super, retirement unit cushions Link's massive loss

KARREN VERGARA  |  MONDAY, 28 AUG 2023
... a local team, Link said RSS "is now one of the biggest players in the Occupational Retirement Scheme Ordinance (ORSO) pensions administration market". The Fund Solutions arm continues to dampen Link's performance with the unit's FY23 performance ...

IGR to spark fresh retirement income consultation

CASSANDRA BALDINI  |  FRIDAY, 25 AUG 2023
... the report, mandatory superannuation will lead to a decrease in expenditure on Australian government age and service pensions from approximately 2.3% of GDP in the fiscal year 2022-2023 to about 2.0% of GDP by the fiscal year 2062-63. Meanwhile, the ...