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Showing 41 - 50 of 362 results for "defined benefit"

Active Super, Vision Super mull merger

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
... terms of funds under management, have a deep history in local government, run both account-based benefits and defined benefit designs and have a shared commitment to responsible investment." On the current MOU, Darmanin added: "Due diligence aims to ...

Hostplus, Statewide Super finalise merger

JAMIE WILLIAMSON  |  FRIDAY, 29 APR 2022
... 10,630 in the Northern Territory, including from the local government and public sectors. It also includes several defined benefit members, with Elia commenting: "This positions the fund well for future mergers. The ability to service defined benefit ...

Action on super gap slow, small

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
... fact that in Australia super is a percentage of your earnings, rather than in any other countries where it is a defined benefit, it means that when you earn less you get less super - it perpetuates. Anything that helps address this inequality, I think ...

AvSuper names insurer, premiums rise

JAMIE WILLIAMSON  |  MONDAY, 7 MAR 2022
... said at the time. Submissions from potential suitors were due early this year. Any merger partner must have a defined benefit capability and be able to deliver insurance coverage to AvSuper's members who likely wouldn't receive standard cover. It's also ...

Australian Retirement Trust announces next merger partner

ELIZABETH MCARTHUR  |  THURSDAY, 3 MAR 2022
... competitive process sees us choosing to make a successor fund transfer into Australian Retirement Trust." APSS is a defined benefit plan with approximately $8 billion in assets and 28,000 members. The fund has been closed to new Australian Post employees ...

Link Group hires general manager for transformation

KARREN VERGARA  |  TUESDAY, 1 MAR 2022
... McGrath said. Link recently retained its administration services for the Victorian Schools Superannuation Fund's defined benefit funds following its merger with Aware Super. The merger finalised in November 2021, bringing together more than 200,000 ...

Schroders restructures team, appoints investments lead

JAMIE WILLIAMSON  |  FRIDAY, 25 FEB 2022
... also recently announced the acquisition of River and Mercantile, a UK-based leader in OCIO solutions in the UK Defined Benefit pension market, and we will be able to leverage this expertise in the Australian market to help meet client needs. "Designing ...

CBA Group Super overhauls service providers

JAMIE WILLIAMSON  |  TUESDAY, 25 JAN 2022
... over both functions from March. Meanwhile, Mercer - which has provided administration services to the fund's defined benefit divisions since 2013 - won the other two mandates. In taking on member administration, it replaces Colonial First State Investments ...

Aware Super retains Link

KARREN VERGARA  |  MONDAY, 17 JAN 2022
... Superannuation Fund following its merger with Aware Super. Aware will retain Link as the administration provider of VISSF's defined benefit funds. The Aware Super and VISSF merger finalised in November 2021, bringing together more than 200,000 members ...

Aon appoints head of wealth solutions

ELIZABETH MCARTHUR  |  THURSDAY, 13 JAN 2022
... She was previously a principal actuary, covering employee benefits consulting, including defined contribution, defined benefit, and long service leave benefits. Sweeney's previous role included providing actuarial advice and insights on benefit designs ...