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Showing 31 - 40 of 117 results for "Pension system"

Industry butt heads over super guarantee

ALLY SELBY  |  THURSDAY, 13 FEB 2020
... warned. "This means that taxpayers will need to support the lower paid or gig workers who will fall back onto the age pension system to a greater degree than otherwise." The Institute also believes many Australians are at risk of not having adequate ...

Better retirement income products needed

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JAN 2020
Challenger's Jeremy Cooper is calling for better product design from super funds as new research shows most Australian seniors are living in fear that they will outlive their savings. New insights from Challenger and National Seniors Australia reveal ...

Consultation opens for retirement income review

HARRISON WORLEY  |  MONDAY, 25 NOV 2019
The financial services industry and wider community has just over two months to make submissions to the government's retirement income review. The retirement income review's consultation period officially opened late on Friday afternoon, providing industry ...

Defined contribution: A global perspective

HARRISON WORLEY  |  THURSDAY, 14 NOV 2019
... retirement savings between 401k plans when changing jobs is actually among the most difficult things to do in the US pension system. Financial Services Council chief executive Richard Klipin then revealed the secret to New Zealand's pension system was ...

Australia climbs up Mercer global pension index

HARRISON WORLEY  |  MONDAY, 21 OCT 2019
Australia's retirement system has risen in the global ranking of pension systems, but it still has room for improvement, according to Mercer's latest rankings of global pension systems. According to the 2019 Melbourne Mercer Global Pension Index, Australians ...

Aussie employers understand importance of advice

HARRISON WORLEY  |  FRIDAY, 4 OCT 2019
Most Australian employers understand access to financial advice through default super is important to their employees, latest research shows. State Street Global Advisors 2019 Global Retirement Reality Report (GR3) reveals 61% of Australian employers ...

Life expectancy declining: KPMG

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2019
... mortality studies allow companies to better quantify their longevity risk. Defined benefits schemes dominate the UK pension system, comprising 81% of the market, according to Willis Towers Watson. Such schemes are also popular in Japan (96%), Canada ...

Australia appeals holistically to foreign investors: Poll

KARREN VERGARA  |  MONDAY, 25 MAR 2019
... making Australia an attractive place to invest via equities. This includes the nation's stellar economic growth, pension system, quality of life, and strong government policies and regulation. The resources industry (28%) is very appealing for many ...

Royal Commission dampens superannuation success

KARREN VERGARA  |  WEDNESDAY, 13 FEB 2019
... pension market after achieving 10.2% per annum growth for the last 20 years. Behind the successes of Australia's pension system have been the government-mandated pension contributions, a competitive institutional model and the dominance of defined ...

Global asset managers sign responsible firearms framework

DARREN SNYDER  |  THURSDAY, 15 NOV 2018
... Florida State Board of Administration; Maine Public Employees Retirement System; Maryland State Retirement and Pension System; Nuveen, the asset manager of TIAA; OIP Investment Trust; Oregon Public Employees Retirement Fund; Rockefeller Asset Management ...