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Showing 41 - 50 of 117 results for "Pension system"

Australian retirement system weakens

JAMIE WILLIAMSON  |  MONDAY, 22 OCT 2018
... Mercer Australia, David Knox, said striking the right balance is of the utmost importance in creating a world class pension system. "It's a challenge that policymakers are grappling with. For example, a system providing very generous benefits in ...

Aussies second-most optimistic about retirement: SSGA

KANIKA SOOD  |  FRIDAY, 12 OCT 2018
... policy-level changes to the system can erode trust. "For example Italy has recently undergone painful reforms to the pension system and Germany and the Netherlands are on the cusp of reforms; this erodes trust. However, if these reforms are successfully ...

EU to offer cross-border pension scheme

KARREN VERGARA  |  THURSDAY, 12 JUL 2018
... low interest rates. The product, the EU said, was proposed in response to the fragmented nature of the European pension system - concentrated in some countries, while nearly non-existent in others. Accordingly, only 27% of Europeans aged between 25 and ...

Trustee services provider appoints new chair

ALEX BURKE  |  TUESDAY, 15 MAY 2018
A trustee business linked to several of Australia's newest superannuation funds has appointed a new non-executive chair. Sargon Capital, which operates in Australia via Trustee Partners, appointed Robert Rankin as its new chair, joining new non-executive ...

US project to end pension politics

KANIKA SOOD  |  MONDAY, 30 APR 2018
... risk and return, not politics. As the former state treasurer of Connecticut and sole fiduciary of the Connecticut pension system, I know the importance of keeping politics out of fiduciary decisions. I started IPFI to help inform beneficiaries and policy ...

Asia Region Funds Passport legislation tabled

JAMIE WILLIAMSON  |  THURSDAY, 29 MAR 2018
Legislation to implement the Asia Region Funds Passport Bill was tabled in Federal Parliament yesterday but the Financial Services Council said there is still work to be done. Minister for Financial Services and Revenue Kelly O'Dwyer described the initiative ...

Stellar growth for industry funds: APRA

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2018
The growth of industry superannuation funds significantly outpaced retail funds in the year to December 2017, latest APRA statistics show. Industry funds saw assets surge 18.3% to $589.8 billion year-on-year, largely driven by net contributions flows ...

Australia's super assets fastest growing: WTW

KARREN VERGARA  |  TUESDAY, 6 FEB 2018
Australia's superannuation market is the fastest growing among other major pension systems around the globe, a new Willis Towers Watson study shows. Australia's superannuation assets grew 12.1% over the last 20 years thanks to the success of government-mandated ...

Aussie super maintains good grades

DARREN SNYDER  |  MONDAY, 23 OCT 2017
... Mercer Global Pension Index, released today, shows that for the second consecutive year the strength of Australia's pension system has slipped when benchmarked against 29 global counterparts. Still ranked as the third best pension system worldwide, Mercer ...

Beware creative debt packaging: Robeco

KARREN VERGARA  |  FRIDAY, 1 SEP 2017
... Country Sustainability Ranking - well in the top 10 among the Nordic countries - and mainly driven by a strong pension system and how it is dealing with an ageing population. It scores negatively however, on its dependency on natural resources.