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Showing 31 - 40 of 3437 results for "Pension"

Norway's oil fund returns 16% in 2023

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JAN 2024
... return for 2023 following the -14% it recorded the previous year. Norges Bank Investment Management reported the Government Pension Fund Global raked in a return of $322 billion for the year, largely driven by investments in AI-related stocks. Equities ...

Interest rates drive adviser conversations in 2024

KARREN VERGARA  |  THURSDAY, 25 JAN 2024
... This strategy allows us to actively review asset allocation and maintain ample cash reserves, providing flexibility for pension payments or unforeseen cash needs," she said. For her retirees, many who love a term deposit, Lusher said recent interest ...

Market performance fails to sway retirement confidence: State Street

ANDREW MCKEAN  |  FRIDAY, 19 JAN 2024
... these concerns outweighed other issues such as the availability of savings or the complexity of the superannuation and pension system. "Clearly confidence in retirement is a function of much more than simple investment returns," it said. State Street ...

Pension Protection Fund appoints chief executive

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2024
The UK's Pension Protection Fund named a new chief executive, formerly on the executive team at PSP Investments. Michelle Ostermann will succeed Oliver Morley as chief executive of the $62.8 billion fund, which oversees the defined benefit entitlements ...

Ontario Teachers' names chief investment officers

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2024
The Ontario Teachers' Pension Plan's investments will now be led by two chief investment officers, one to oversee asset allocation and the other to execute on public and private investments. At the end of 2023, Ontario Teachers' chief investment officer ...

Macquarie Wrap rolls out new features for advisers

ANDREW MCKEAN  |  TUESDAY, 9 JAN 2024
... over the phone." The "enhanced digital experience" also entailed streamlining various forms such as adviser-initiated pension payments, advice fee-grouping, digital advice fee, switch, and application forms. Weber specifically underscored the efficiency ...

Federal Court appoints receivers to investigate Brite Advisors

ANDREW MCKEAN  |  MONDAY, 18 DEC 2023
... McGrathNicol as corporate receivers to probe Brite Advisors, following serious concerns about the management of client pension funds. Smith and Kirman will investigate Brite Advisors and its management of around $1 billion in client pension funds, with ...

Mitsubishi UFJ Financial Group to acquire Link Group

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... senior managing executive officer and business head of MUFG investor services, said The Trust Bank is "one of the largest pension and stock administration providers in Japan and we look forward to jointly growing in this space". "Also, we truly believe ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... the Aracon Superannuation Fund would be wound up. Spread across four divisions - ARA Retirement Fund, Xplore Super and Pension, Oracle Superannuation Plan, and Elevate Super - Aracon Super held $590 million in assets for over 3000 members. The consolidation ...

New enhancements to Expand, CFS Edge

CHLOE WALKER  |  THURSDAY, 14 DEC 2023
... Rickard said. "As we continue to improve the functionality within Expand Essential, we have also streamlined our super to pension transfer process, released a new contributions report and uplifted a number of client reports," Rickard said. Further enhancements ...