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Showing 611 - 620 of 1702 results for "Retirement savings"

BlackRock wins monumental mandate

ANNABELLE DICKSON  |  THURSDAY, 3 JUN 2021
In what is reportedly one of the biggest transfers of retirement savings to date, BlackRock has won the first external investment mandate for two of the largest defined benefit schemes in the UK. BlackRock will be the outsourced chief investment officer ...

IFM adds to board

KANIKA SOOD  |  TUESDAY, 1 JUN 2021
... IFM, as we continue to pursue a global growth strategy, in fulfilment of our purpose to protect and grow the retirement savings of working people," IFM chair Greg Combet said. "Ms Whitmarsh is a global leader in the public pension capital sector and ...

ERS applicants $3100 worse off

KARREN VERGARA  |  THURSDAY, 20 MAY 2021
Members who raided their retirement savings as a result of the early release of superannuation scheme could have been $3100 better off than if they had kept their balance intact, new research reveals. The McKell Institute, a thinktank, found that over ...

AMP loses default KiwiSaver mandate

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... government's review of default KiwiSaver providers has resulted in AMP not being reappointed. New Zealand's default retirement savings scheme KiwiSaver works by having a network of default providers which manage client money in balanced funds. Under ...

ASIC issues warnings on investment scams

ANNABELLE DICKSON  |  FRIDAY, 14 MAY 2021
... transfer funds from their existing super fund into a new SMSF. In doing so, consumers are transferring their retirement savings into an unknown bank account held by the scammers. The SMSF rollover scammers pretend to be financial advisers and promise ...

AustralianSuper, Club Plus to merge

JAMIE WILLIAMSON  |  THURSDAY, 13 MAY 2021
... merger activity in Australia's super sector will likely result in just 12 funds managing close to 80% of all retirement savings. All 12 funds would also have more than $50 billion in funds under management. The research takes into account mergers ...

No early super release for DV survivors

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... stakeholders, arguing that those who have experienced domestic violence shouldn't be forced to erode their retirement savings to re-establish themselves. "The government is committed to removing barriers to women leaving family and domestic violence ...

Retirees freed from legacy products

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... that restrict access to capital and flexibility of drawdowns, preventing them from effectively using their retirement savings for health, aged care, and other large expenses in retirement," budget papers read. Individuals starting a new retirement product ...

Legalsuper adds Law Institute of Victoria chief

JAMIE WILLIAMSON  |  TUESDAY, 4 MAY 2021
... standards of professionalism and service delivery - a direct alignment with legalsuper's own role in managing the retirement savings of Australia's legal community," legalsuper chair Kirsten Mander said. He also brings additional strong governance credentials ...

Rise of the mega funds continues

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
Increased merger activity in the superannuation sector will see most of Australia's retirement savings managed by just 12 funds, new research shows. KPMG's annual Super Insights report analysed APRA and ATO data and found that once the mergers that ...