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| | | ... immediate action on each. Amid the nation's rapidly changing demographic, the white paper announced two key changes for pension and income support recipients. Firstly, it will look to permanently enhance the work bonus for pensioners over the Age ... |
| | | | ... Care and Life Sciences Unlisted real estate fund (UHF) after receiving more than $1 billion, including from major global pension funds. The group said it secured $640 million of equity commitments, including $251 million from three major global institutional ... |
| | | | The Ontario Teachers' Pension Plan (OTPP) will farewell its chief investment officer at the end of the year, as will Dutch pension fund manager PGGM. Overnight, OTPP chief investment officer Ziad Hindo announced he will leave the fund at December ... |
| | | | Australians are pension-phase illiterate and blame the complex superannuation system for not understanding the basics about retirement, a new survey shows. A whopping 70% of 50-year-olds and over canvassed by AMP do not understand what an account-based ... |
| | | | The chief investment officer of the largest pension fund in the US has resigned after just 18 months in the role. Nicole Musicco will depart the fund on September 29, citing family reasons for her resignation. Having travelled between the fund's ... |
| | | | ... platform by funds under administration. Meanwhile, earlier this year, the Oracle Superannuation Plan and Xplore Super and Pension, divisions of the Aracon Superannuation Fund, transferred to HUB24. This move comes as Aracon Super wound up its operations ... |
| | | | ... Some 62% of the 6000 participants surveyed forced themselves to cut back on spending, while 36% sought to access the Age Pension for additional financial help. About one-third of respondents had a net household income of $1500 or less per fortnight and ... |
| | | | ... costs. The superannuation advocacy body specifically criticised the unfairness of counting ring-fenced assets in the Age Pension means test, given these funds would be inaccessible to support retirement income. It also warned that ring-fencing would ... |
| | | | ... said. Elsewhere, Blackstone was recently joined by UniSuper in investing in an industrial portfolio from the National Pension Service of Korea, worth more than $1 billion in its entirety. Of the 20 portfolio assets, 12 are in Sydney's Quarry Industrial ... |
| | | | The top 300 pension funds in the world, including 16 local super funds, have seen their assets drop for the first time since 2018. According to the Global Top 300 Pensions Funds report, conducted by Willis Towers Watson (WTW) and the Thinking Ahead ... |
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