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Showing 31 - 40 of 129 results for %22Pension Protection Fund%22

Pension pots around the world during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
Governments around the world are springing into action to leverage and safeguard pension pots during the COVID-19 economic and market turmoil. Australia in March allowed workers to withdraw $10,000 for this financial year and the next from their superannuation ...

Statewide revises down investment objectives, ups fees

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
... objective of CPI+ 3%. At the same time, the fund announced the dollar-based administration fee charged to accumulation and pension accounts will increase from $1.50 per week to $1.75 per week from May. The asset based admin fee will increase by five ...

Super fund bumps up premiums

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2019
... experience. At the same time, the $3.1 billion fund has introduced a new rule on how many Transition to Retirement Allocated Pension Accounts (TTR Pensions) can be opened in a single financial year. The rule, which First Super says aligns with its goal ...

Inflation the forgotten risk to retiree portfolios

HARRISON WORLEY  |  WEDNESDAY, 30 OCT 2019
... take their default accumulation strategy, add a small percentage of cash to it as a buffer, pay 60% out and call that a pension strategy. "I just really hope we can go further than that. I think we can do better than that in understanding that risks ...

Whitehelm launches infrastructure fund locally

HARRISON WORLEY  |  THURSDAY, 29 AUG 2019
... make it a very attractive vehicle for retail investors." Late last year, the investment manager partnered with a Dutch pension fund service provider to launch a Smart City Infrastructure Fund with about $400 million in seed funding.

Pension fund joins action against Facebook

KRISTI CHENG  |  FRIDAY, 23 AUG 2019
The California State Teachers' Retirement System has joined a derivatives case against Facebook in regards to Cambridge Analytica. The litigation at hand is a pending derivative lawsuit against Facebook's leadership, including the social media company's ...

Advisers struggle with untapped SMSF market

KARREN VERGARA  |  FRIDAY, 12 JUL 2019
... retain new SMSF clients. For years, the research has highlighted the areas of unmet advice for SMSF trustees, she said. Pension strategies, estate planning and identifying undervalued assets were the top areas SMSF members grappled with. Tax planning ...

Super fund increases premiums

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
... select insurance premiums after renegotiating its group insurance mandate. It also slashed the administration fee on its pension account.

Federal Budget: Industry responds

HARRISON WORLEY  |  WEDNESDAY, 3 APR 2019
... in addition to the tax concessions, to boost retirement saving potential and in turn, reduce future pressure on the age pension and support better financial futures for all Australians." The Australian Institute of Superannuation Trustees were more critical ...

Women lead superannuation fund engagement

KARREN VERGARA  |  THURSDAY, 21 MAR 2019
... default funds and is mainly a choice-based system. In the past, he presented to Congress hearings discussing the Pension Protection Act about some of the lessons the US can learn from Australia's superannuation system. He advocated for a professionally ...