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Showing 591 - 600 of 3872 results for "Pension"

FAAA sounds alarm on no-consultation super reform

ANDREW MCKEAN  |  MONDAY, 22 MAY 2023
... they sell that product, then tax will become payable. However, they might be only a year or two off transitioning into a pension product, which could make the capital gains tax avoidable," he said. Anderson also critiqued the "forcefulness" of the notifications ...

Boutique co-founder jumps to AustralianSuper

ELIZABETH FRY  |  FRIDAY, 19 MAY 2023
... associate portfolio manager Daniel Pool. Pool has been appointed senior quant analyst in the public markets team at Abu Dhabi Pension Fund. Pool joins Philip Cheong, who left Russell Investments last year to join the Abu Dhabi Pension Fund as portfolio ...

PensionDanmark selects future chief executive

JAMIE WILLIAMSON  |  TUESDAY, 16 MAY 2023
... deputy chief executive. It was recently announced that Torben Möger Pedersen, the long-serving chief executive of the pension fund would depart on October 1. At that time, chief investment officer Claus Stampe will step in as chief executive, with Mørch ...

How this budget was built

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... It's only a matter of time until a superannuation-like levy is proposed. Payments to seniors, which in the main are Age Pension payments and aged care expenditures, are meanwhile growing strongly but only by 7% each, which pretty much matches the ...

Federal budget 2023: Winners and losers

TOM WATSON  |  TUESDAY, 9 MAY 2023
The federal government has delivered its second budget since coming into office last year, and as expected, cost of living support has featured prominently. So what has treasurer Jim Chalmers included in the 2023 federal budget when it comes to spending ...

Mine Super to close Choice option

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... investment menu, Mine Super is closing its Conservative Balanced Choice option later this month. The option will remain for pension members, as will the option that's part of the fund's Lifecycle strategy. Those invested in the option will see their ...

Another round of consultation for veteran super taxation

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... Commissioner of Taxation v Douglas (Douglas decision). The Douglas decision found that certain veterans' invalidity pension payments in the Defence Force Retirement and Death Benefits (DFRDB) and Military Superannuation benefits (MSB) schemes are ...

AustralianSuper hires investment lead in Europe

ELIZABETH FRY  |  FRIDAY, 5 MAY 2023
... and private markets. Astorri sits on the board of ISPT, the $20 billion property fund set up by Australia's largest pension funds. He began his career in the Bank of England, first in the wholesale markets supervision division (covering the gilts ...

UK to ban cold calling on all financial products

JAMIE WILLIAMSON  |  FRIDAY, 5 MAY 2023
... said. It is already against the law in the UK for product issuers to cold call in relation to occupational or personal pension schemes. In 2020, ASIC introduced a ban on the use of cold calling to sell direct life insurance. Meanwhile, in 2021 anti-hawking ...

Industry funds gain ground in retirement asset battle: KPMG

ANDREW MCKEAN  |  FRIDAY, 5 MAY 2023
... their market share increasing 2% between 2021 and 2022, challenging the retail sector's long-standing dominance in pension accounts. According to a KPMG report, although Insignia, Colonial First State (CFS), and AMP lead the pension market by total ...