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Showing 51 - 60 of 467 results for %22M%26S Pension Scheme%22

Global fintech Smart expands pension offering to Australia

CASSANDRA BALDINI  |  TUESDAY, 12 JUL 2022
... technology provider Smart is expanding to Australia, establishing an office in Melbourne. Smart technology powers UK Smart Pension, a digitally led pension and retirement scheme setup for employers. The Australian business will operate under the Smart ...

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
... its former portfolio managers have been charged by the US regulator over a multi-billion-dollar securities fraud sold to pension funds that went on for more than four years. The Securities and Exchange Commission charged Allianz Global Investors and ...

Superannuation not a super solution to housing affordability

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
... would be like throwing petrol on a bonfire - it will jack up prices, inflate young people's mortgages and add to the aged pension, which taxpayers will have to pay for." "Super is meant to be for people's retirement, not supercharging house prices and ...

Government proposes further expansion of downsizer scheme

JAMIE WILLIAMSON  |  TUESDAY, 17 MAY 2022
... flexibility to save for their retirement." The government said it will also make proceeds of the sale of a home exempt from the pension assets test for two years; currently the exemption applies for just one year. This would be implemented from 1 January ...

Charter Hall, pension fund buy out Irongate

CHLOE WALKER  |  FRIDAY, 1 APR 2022
Charter Hall and Dutch pension fund PGGM have entered into a Scheme Implementation Agreement (SIA) to acquire Irongate Group (IAP). Under the transaction, Charter Hall will own a 12% stake in the partnership, with PGGM owning the remaining 88% interest. ...

Aussie instos commit $50bn to UK projects

JAMIE WILLIAMSON  |  FRIDAY, 1 APR 2022
... airports, and a new net zero fund that will support electrification, carbon capture and solar power projects. "IFM is owned by pension funds and invests, over the long term, on behalf of pension funds, their members, and other long-term investors. We ...

Big spend on cost of living, defence

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... single pensioner should receive more than $500 in additional support over the next six months. And those receiving the pension, along with anyone else eligible for a Centrelink concession card, will also receive a one-off $250 payment aimed at easing ...

Accountants lobby for 10 budget reforms

ELIZABETH MCARTHUR  |  MONDAY, 28 MAR 2022
... all walks of life. One of our major concerns is about retired single people with minimal assets or income other than the pension or that receive rental assistance," Grant said. "Many of these people - mostly women - are struggling with the cost of living ...

Action on super gap slow, small

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
... get less super - it perpetuates. Anything that helps address this inequality, I think that is great. It could reduce age pension costs in the future if people have more super." ASFA senior policy adviser Helena Gibson points out that there is support ...

CSC turns 100 years old

KARREN VERGARA  |  TUESDAY, 1 MAR 2022
... 1930. The CSC's predecessor, ComSuper, ran from 1994 to 2015, and managed the closure of the Commonwealth Superannuation Scheme (CSS) to new members in 1990 while launching the Public Sector Superannuation (PSS) scheme the same year. The PSS closed to ...