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Showing 31 - 40 of 114 results for "CIP"

Industry funds team up in longevity search

KANIKA SOOD  |  TUESDAY, 14 JUL 2020
Nine industry funds are working with Frontier Advisors to probe new longevity risk products for retiree members, which could include tweaking account-based pensions. The working group, which was put together late last year, is expected to present its ...

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
The United Kingdom has followed the script dictated by the coronavirus pandemic in much of the world. On March 23, the government imposed strict lockdown measures, giving "bobbies" power to fine people leaving their homes for "non-essential" reasons. ...

REIT revises up portfolio value

KANIKA SOOD  |  MONDAY, 6 JUL 2020
Centuria Industrial REIT (CIP) has increased its portfolio value by 1.3% compared to the previous book value. The REIT, which only invests in industrial property, conducted external valuations for 30 of its 51 properties which are about half of the ...

Eaton Vance wins super fund mandate

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
A $9 billion superannuation fund has mandated Eaton Vance for a slice of equity allocations for its retired members, with the goal of providing downside protection while meeting specific yield targets. Australian Catholic Superannuation Retirement Fund ...

Chief economist update: Turns out Brexit was heaven

BENJAMIN ONG  |  FRIDAY, 24 APR 2020
Bad timing it may be but, it is what it is. The coronavirus pandemic struck just when the dark clouds of Brexit uncertainty lifted over the United Kingdom. For the best part of three years, Brexit was on every Brits mind - dampening business investment ...

Chief economist update: The cheaper alternative

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2020
"Australia is following in the COVID-19 footsteps of the UK and experts are warning the floodgates are likely to open soon." This statement -- printed by the Australian Financial Review - talked about the rising number of infections in the UK and how ...

ANU to help determine fate of SG increase

ELIZA BAVIN  |  FRIDAY, 6 MAR 2020
Australian National University (ANU) has been selected by the Morrison government to analyse whether wages will be harmed if the superannuation guarantee is increased to 12%. Robb Preston, manager of Treasury's retirement income policy division, told ...

Cbus Super chief to exit

KANIKA SOOD  |  WEDNESDAY, 15 JAN 2020
David Atkin will leave as the $57 billion superannuation fund's chief executive later this year after 12 years in the role. Atkin steered Cbus as it grew from just $12 billion in assets under management, adopted a more comprehensive approach to ...

Actuaries develop retiree rule of thumb

HARRISON WORLEY  |  THURSDAY, 7 NOV 2019
A group of actuaries have answered the calls of retirees looking for a simpler way to determine how much money they should draw out of their savings in retirement, developing a new three-part rule of thumb. The Rule of Thumb Working Group has developed ...

Cbus chief opposes default longevity requirements for CIPRs

KANIKA SOOD  |  FRIDAY, 1 NOV 2019
David Atkin says mandating all default retirement income products to manage longevity risk could hamper funds' ability to tailor solutions to their member needs. Speaking at a retirement income conference in Melbourne yesterday, Atkin said Cbus is currently ...