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Showing 511 - 520 of 1555 results for Darren Snyder

Milliman and Frontier explore new retirement product

DARREN SNYDER  |  TUESDAY, 1 NOV 2016
Superannuation industry consultants Milliman and Frontier Advisors have considered an alternative to a deferred lifetime annuity that trades off risk management for more flexibility. The "rainy day fund" would set aside funds that are not drawn upon ...

Pension systems and ageing populations at crossroads

DARREN SNYDER  |  MONDAY, 24 OCT 2016
Mercer senior partner David Knox is warning increased pressure will be placed on global retirement systems if government policies do not adapt to ageing populations and declining birth rates. Knox fired the warning as the 2016 Melbourne Mercer Global ...

QSuper pays $4.6 million bonus

DARREN SNYDER  |  MONDAY, 24 OCT 2016
QSuper has paid more than $4.6 million to about 3000 members in the first three months of its accumulation to retirement transfer bonus initiative. The $65 billion fund said one member received $35,000 from the transfer bonus and the average eligible ...

Macquarie Infrastructure buys rail business

DARREN SNYDER  |  FRIDAY, 21 OCT 2016
Macquarie Infrastructure and Real Assets is acquiring a 49% stake in Glencore Rail as part of a co-investment with Genesee & Wyoming Australia. The co-investment will create a $2 billion partnership with Macquarie (MIRA) having a non-controlling interest. ...

AustralianSuper, IFM Investors buy Ausgrid in five weeks

DARREN SNYDER  |  FRIDAY, 21 OCT 2016
The Ausgrid acquisition by AustralianSuper and IFM Investors was prepared in five weeks, representing the sheer capabilities behind two of Australia's largest institutional investors. A spokesman for IFM Investors confirmed the consortium began preparing ...

NZ Super tackles climate change

DARREN SNYDER  |  THURSDAY, 20 OCT 2016
The New Zealand Superannuation Fund is implementing a four-pronged climate change strategy across its entire NZ$30 billion investment portfolio. Representing a fundamental shift for the fund and the industry, NZ Super will reduce its carbon investment ...

Sherrin kicks goal with merger

DARREN SNYDER  |  WEDNESDAY, 19 OCT 2016
Brisbane financial advice business Sherrin Partners has merged with another practice. The merger with Medico Legal Insurance Group is said to bring together two businesses which are focused on client relationships and long-term financial planning. Separate ...

Future Fund model for social housing

DARREN SNYDER  |  WEDNESDAY, 19 OCT 2016
Australian states should each consider the establishment of a Social Housing Future Fund that would deliver returns of CPI plus 4.5%, and address the country's struggling public housing system. This is the thought of Infrastructure Partnerships Australia ...

MLC portfolios receive Highly Recommended rating

DARREN SNYDER  |  WEDNESDAY, 19 OCT 2016
The MLC Inflation Plus portfolios recently received its highest rating, a Highly Recommended from research house Zenith Investment Partners. MLC chief investment officer, Jonathan Armitage, said: "We're extremely proud to have been recognised by Zenith ...

Super reforms finalised by year's end

DARREN SNYDER  |  MONDAY, 17 OCT 2016
Treasurer Scott Morrison is adamant the government's wave of superannuation reforms will be introduced to parliament by the end of 2016. Morrison released the third tranche of reforms on Friday and said the legislative amendments better target superannuation ...