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Showing 491 - 500 of 791 results for "Pensions"

Public pension deficit exceeds $1trn

MARK SMITH  |  TUESDAY, 16 OCT 2012
The 100 largest US-based public pensions face a funding deficit of $1.2 trillion, $300 billion more than the pension providers have reported themselves, according to a new study by Milliman. The consulting and actuarial firm's first Public Pension Funding ...

Australia ranks third in Global Pensions

LINDA HAUSKEN  |  MONDAY, 15 OCT 2012
The 2012 Mercer Global Pension Index has shown that Australia has come in third place out of 18 countries, beating the likes of Switzerland, Canada and the UK. The index which covers over half of the world's population has found that Australia's retirement ...

Abbott government to index military pensions

ALEX DUNNIN  |  TUESDAY, 25 SEP 2012
... Returned Services League national conference this morning, opposition leader Tony Abbott vowed to index military retirement pensions if elected next year. "An incoming coalition government would finally offer a measure of justice to ex-service personnel ...

No BO news till elections please?

BENJAMIN ONG  |  MONDAY, 24 SEP 2012
... Won't it? It might - the government's reportedly devised a plan to reduce spending by up to a,-4bn per annum by freezing pensions and lifting the retirement age. It might not - with interest rates on its long-term borrowings falling, there is lesser ...

Financial Simplicity boosts managed accounts offering

LINDA HAUSKEN  |  FRIDAY, 21 SEP 2012
... strategies or multi-tax wrapper accounts such as the UK-domiciled Individual Savings Accounts and Self-Invested Personal Pensions. "In Australia, this functionality is also required for family trusts and self managed super funds," said Enda Mahoney ...

Active membership in UK occupational pensions waning

MARK STORY  |  THURSDAY, 20 SEP 2012
... million compared with 18.9 million in 1983. Membership is evenly distributed over all three membership types: active, 30%; pensions in payment, 34%; and preserved pension entitlements, 36%. Individuals may have more than one of these types of memberships. ...

15 Aus super funds in Top 300

BEN COLLINS  |  THURSDAY, 6 SEP 2012
... Australian super funds grew faster than any other country's during the five-year period to the end of 2011, said research by Pensions & Investments and Towers Watson. Growth in assets of Australian funds in the Top 300 funds globally was 7%, which contributed ...

Plug the $1 trillion savings shortfall: FSC

BEN COLLINS  |  TUESDAY, 4 SEP 2012
... Increasing working lives has the potential to unfairly impact blue-collar workers, who may be forced onto disability pensions "because their bodies just wear out," she said. While the savings gap is an important issue which needs to be addressed, a solution ...

Retiree living costs match CPI

ALEX DUNNIN  |  THURSDAY, 2 AUG 2012
... retirees' costs increased at a different rate to regular inflation, requiring a special cost of living adjustment for pensions compared to other welfare benefits which are normally linked to CPI or average wages. The surprise in the latest results is ...

Heritage Bank launches online RSA

ALEX DUNNIN  |  WEDNESDAY, 1 AUG 2012
... Synergy, our new Secure Super Account provides a simple online solution for both superannuation savings and retirement pensions without the investment risk, complexity or the fees and charges typical of superannuation funds." Cavanagh said. "Our marketing ...