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Showing 501 - 510 of 3872 results for "Pension"

Federal Court freezes assets of pension platform

CASSANDRA BALDINI  |  MONDAY, 30 OCT 2023
... orders from the Federal Court to freeze the funds and assets of Brite Advisors (Brite), a specialist in moving private UK pension savings offshore. The global advisory, pension administration and asset management provider came under the regulator's surveillance ...

Government to amend transfer balance cap laws

ANDREW MCKEAN  |  FRIDAY, 27 OCT 2023
The government is progressing legislative amendments to the transfer balance cap (TBC) for individuals with a capped defined benefit income stream. Assistant treasurer Stephen Jones said this is another step to improve the efficiency of the superannuation ...

TelstraSuper launches retirement product

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
... income for life through a new retirement product it's partnered with Challenger on. TelstraSuper's RetireAccess Lifetime Pension provides guaranteed income for life and can be indexed for inflation or market-linked, and blended with existing account-based ...

Russell Investments executes local leadership revamp

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... offices. Under Hampshire's direction, the firm engaged with a broad spectrum of clients, including sovereign wealth funds, pension funds, corporate superannuation, licensee groups, and financial advisers, while delivering a range of services including ...

Taskforce unveils recommendations for economic equality

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... lower wages, thereby making women poorer before they reach retirement. "Women are also more likely to rely on the Age Pension in retirement, given lower superannuation balances and longer life expectancies," the report said. Another recommendation pushes ...

Renato Mota to leave Insignia Financial

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
After two decades with the business, Insignia Financial chief executive Renato Mota will exit in February 2024. In an ASX announcement, Insignia said the decision was a mutual agreement between the business and Mota. It has already commenced the search ...

Lack of income stream drags local retirement system: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... with the lack of a compulsory retirement income stream being what holds it back. The latest Mercer CFA Institute Global Pension Index sees Australia placed fifth, coming in behind Netherlands, Iceland, Israel and Denmark, all of which received an A grade. ...

HUB24 launches investment options

KARREN VERGARA  |  TUESDAY, 17 OCT 2023
... advisers will have access to a guaranteed income for life which sits within a client's super fund account or account-based pension". "By collaborating with Allianz Retire+ to launch AGILE on HUB24, we're making available a market-leading product that ...

Keppel private fund expands into Australia

CHLOE WALKER  |  FRIDAY, 13 OCT 2023
... education assets in Sydney for $198 million. Backed by institutional investors, including a large sovereign wealth fund and pension funds, KEAF's investment objective is to make strategic investments in education-related assets, including those in the ...

Ireland to create new sovereign wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 OCT 2023
The Irish government will establish the Future Ireland Fund to help meet costs of the future, including those posed by its ageing population, and is targeting €100 billion by the mid-2030s. Announced as part of the country's 2024 budget package, finance ...