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Showing 651 - 660 of 3872 results for "Pension"

Another Diversa offering bites the dust

JAMIE WILLIAMSON  |  TUESDAY, 31 JAN 2023
... Plan are to be moved to HUB24 Super by way of a successor fund transfer. These include Affinity Super, Henderson Maxwell Pension and Super, MAP Super, VIP Super and Redgum Super among them. "Diversa has decided to adopt this course because it considers ...

Divestments impact Insignia FUMA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
... FUA decreased by $0.2 billion (0.1%) due to the divestment of $6.9 billion in Australian Executor Trustees (AET) FUA, pension payments of $706 million, and net outflows of $267 million. As previously announced on 30 November 2022, Insignia completed ...

Australians lack confidence in retirement: SSGA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
... respondents, with only 21% more concerned about budgeting for later years. "This could reflect the backstop of the Age Pension as well as a behavioural present bias. However, it could equally reflect an expectation that successful management of finances ...

Retirees feel the brunt of inflation: Challenger

CHLOE WALKER  |  TUESDAY, 24 JAN 2023
... example, on travel or entertainment, and a proportion of costs may also be covered by Medicare. Challenger said that the Age Pension also provides some protection from inflation, including the twice-yearly indexation of Age Pension Payments and the Pensioner ...

Pensioner work bonus top of mind for advisers

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
Social security measures relating to the Age Pension are among the most popular regulatory topics for Australian financial advisers, based on the questions they're asking BT's technical team. According to BT, the $4000 increase to the work bonus for ...

SWFs shrink for first time ever: Report

CASSANDRA BALDINI  |  MONDAY, 16 JAN 2023
... the sector dropped by a total of US$1 trillion, according to Global SWF. Similarly, the Global SWF report says public pension funds (PPFs) reduced assets by US$1.3 trillion, with the following worsening of funding ratios. However, despite the loss, the ...

Strengths and weaknesses in DC systems: Comparison

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... Global Committee of the Defined Contribution Institutional Investment Association (DCIIA) forum, Ernst & Young global pension and retirement leader Josef Pilger said the US system's greatest advantage is its large scale. "It [the US defined contribution ...

Best performing MySuper investment option named

ANDREW MCKEAN  |  THURSDAY, 12 JAN 2023
... with a 6.2% annualised return over a three-year period. AustralianSuper Choice Income Balanced came second and CareSuper Pension Balanced placed third. The worst-performing product was the smartMonday Pension Defensive Index which returned -2.3%.

Prime Super appoints new board directors

ANDREW MCKEAN  |  WEDNESDAY, 11 JAN 2023
Prime Super has appointed two non-executive board directors, effective 1 January 2023. Prime Super added former Club Plus Super chief investment officer Gemma Dooley and Edgehaven managing director Bev Durston. Dooley has more than 30 years' experience ...

ASIC confirms advisers can offer home equity access guidance

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
... mortgages that are regulated under the National Credit Act." The Home Equity Access Scheme (HEAS), previously named the Pension Loans Scheme (PLS), has been a long-standing Centrelink scheme that functions similarly to a reverse mortgage. According to ...