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Showing 41 - 50 of 410 results for "Defined Benefit"

Qantas Super, Australian Retirement Trust to merge

ANDREW MCKEAN  |  WEDNESDAY, 17 JUL 2024
... remain an independent corporate super fund. The fund ultimately chose ART because it's "one of the largest defined benefit administrators" and has the expertise to "administer a complex fund like Qantas Super," which comprises defined benefit and ...

Equip Super reduces admin fees, introduces insurance fee

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2024
... fee calculated at 4% of premiums. From July 1, Equip Super is reducing administration fees across accumulation, defined benefit and retirement products. For accumulation and defined benefit members, the asset-based fee will be reduced from 0.22% to 0.19% ...

Funds SA names interim investment chief

ELIZABETH FRY  |  WEDNESDAY, 12 JUN 2024
... the investment strategy for about $7 billion in assets under management. He also oversaw about $40 billion in defined benefit assets for the State of Victoria. He has previously worked at Frontier Advisors, ISPT and CBRE. Back in 2010, Kempton was appointed ...

Super fund engagement peaks among members with $250k+ balances: Report

ANDREW MCKEAN  |  THURSDAY, 30 MAY 2024
... in FY23, overall member satisfaction and Net Promoter Scores (NPS) have continued to decline, though a few non-defined benefit funds bucked the trend. Meanwhile, super fund switching activity slightly decreased to 8% from 9% last year. However, the intention ...

CalSTRS appoints chief investment officer

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
... While at the university, he sat on the investment committees of the Los Alamos and Livermore National Laboratories defined benefit and defined contribution pension plans. Chan also served as chief investment officer for the Sacramento County Employees' ...

ART reduces admin fees for high balance accounts

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
... accounts, Super Savings - Business Accumulation accounts, Super Savings - Corporate Accumulation accounts (including Defined Benefit Additional Accumulation accounts), Super Savings Transition to Retirement Income accounts and Super Savings Retirement ...

ESSSuper faces class action threat over unpaid super

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
... penalty allowances in superannuation calculations for some members of its Transport Superannuation Fund - a closed defined benefit scheme exclusive to employees of a transport authority who joined between 1 July 1988 and 31 December 1993. In some cases ...

Treasury mulls transfer balance credit provision reforms

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
The government is consulting on changes to provisions afforded to super fund members with a capped defined benefit income stream to ensure they are not negatively impacted in the event of a merger. Under current legislation, when a super fund merges ...

Infrastructure a foundational portfolio asset class: IFM Investors

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
... though this is proportionally meagre compared to the $40 trillion size of the market. "... the more mature funds in defined benefit markets struggle with the weakened funding and a future of negative cashflows, limiting their appetite for long term ...

Best super fund products revealed

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
... Corporate - Accumulation Account, Aware Super - Ambulance, Aware Super - Police Blue Ribbon Super, Equipsuper - Defined Benefit, and Plum Superannuation Fund Employer Division. Leading the pack, however, Insignia secured the most AAA ratings for its ...