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Showing 41 - 50 of 199 results for "Longevity risk"

Super fund gets ahead of CIPR obscurity

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
An industry superannuation fund is raising the bar on managing longevity risk and taking the initiative to get ahead of the retirement income review gridlock. Chris Drew, the investment manager for public markets at the Australian Catholic Superannuation ...

CFS super distribution lead joins Allianz Retire+

JAMIE WILLIAMSON  |  WEDNESDAY, 9 SEP 2020
... of experience sees him well placed to deliver in the role. "Fintan brings to Allianz Retire+ specialisation in longevity risk solutions and his technical expertise will be incredibly valuable to our partners in tailoring superior longevity solutions ...

SMSFA, FSC call for infrastructure investment access

ANNABELLE DICKSON  |  TUESDAY, 28 JUL 2020
The SMSF Association and the Financial Services Council (FSC) are calling for self-managed super funds to have access to unitised, liquid infrastructure investments as a way of generating economic growth. The two organisations, which represent more ...

Industry funds team up in longevity search

KANIKA SOOD  |  TUESDAY, 14 JUL 2020
Nine industry funds are working with Frontier Advisors to probe new longevity risk products for retiree members, which could include tweaking account-based pensions. The working group, which was put together late last year, is expected to present its ...

Taper rates need revamp

KANIKA SOOD  |  THURSDAY, 4 JUN 2020
A new paper published by Actuaries Institute says current taper rates may be encouraging middle-income earners to spend their retirement savings too quickly and live on the Age Pension alone. People with $300,000 to $800,000 in retirement savings could ...

Cbus chief opposes default longevity requirements for CIPRs

KANIKA SOOD  |  FRIDAY, 1 NOV 2019
David Atkin says mandating all default retirement income products to manage longevity risk could hamper funds' ability to tailor solutions to their member needs. Speaking at a retirement income conference in Melbourne yesterday, Atkin said Cbus is currently ...

Retiree savings won't last: World Economic Forum

HARRISON WORLEY  |  MONDAY, 17 JUN 2019
... funds, but older individuals are going to need a more diverse range of financial tools to help protect against longevity risk," Mercer wealth president Richard Nuzum said.

SG below 10% fails super objective

HARRISON WORLEY  |  FRIDAY, 7 JUN 2019
Rice Warner has weighed into one of the longest running debates in the superannuation sector, saying a superannuation guarantee under 10% fails its primary objective. The researcher believes the superannuation guarantee (SG) should increase in line ...

Life expectancy declining: KPMG

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2019
... continuing research and new approaches to scheme-specific mortality studies allow companies to better quantify their longevity risk. Defined benefits schemes dominate the UK pension system, comprising 81% of the market, according to Willis Towers Watson. ...

New mortality study adds to retirement conversation

KANIKA SOOD  |  FRIDAY, 7 DEC 2018
... products. David Orford's firm Optimum Pensions is launching a lifetime annuity with an insurer taking on the longevity risk developed as a CIPR.