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Showing 721 - 730 of 3872 results for "Pension"

Optimum Pensions, Generation Life launch lifetime annuity

CASSANDRA BALDINI  |  WEDNESDAY, 3 AUG 2022
... complements the objectives in the Retirement Income Covenant as it can provide 20-30% higher income than an account-based pension. Since the number of pension units are guaranteed, lower investment performance does not see the loss of capital as occurs ...

How super should be using technology: KPMG

ANDREW MCKEAN  |  TUESDAY, 2 AUG 2022
... engagement and gain a competitive edge in a low-cost way. Demonstrably, the world's largest retirement fund, Japan's Government Pension Investment Fund has commissioned a study into Artificial Intelligence's capacity to select assets and choose investment ...

KPMG spotlights super's biggest challenges

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
... explained: "The growth of superannuation funds will have a significant impact on the retirement income landscape, as total pension payments expected to increase to $100 billion by 2040, compared to $30 billion in FY21." "This system growth requires superannuation ...

Insignia Financial loses more advisers

CASSANDRA BALDINI  |  TUESDAY, 26 JUL 2022
... billion (-6.9%) for the quarter. "The decline in FUA was driven by a market decline of $14.9 billion (-6.8%), combined with pension payments of $0.8 billion partly offset by net inflows of $0.6 billion, with the Workplace and Advised channels both recording ...

Government moves to amend military super benefits tax

ANDREW MCKEAN  |  TUESDAY, 26 JUL 2022
... Commissioner of Taxation V Douglas (the 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 ...

PSP Investments names new chief

JAMIE WILLIAMSON  |  FRIDAY, 22 JUL 2022
The Canadian pension fund manager will see a new chief executive take over in September, also assuming the role of president. Currently senior managing director, global head of real assets and chief sustainability officer at CPP Investments, Deborah ...

Inalytics develops new data-driven model

CASSANDRA BALDINI  |  WEDNESDAY, 20 JUL 2022
Inalytics has developed a skills-based data model that allows pension funds and other institutional asset owners to effectively and efficiently screen and monitor asset managers. The model, 'DECSIS', analyses the four core investment decisions and processes ...

Franklin Templeton names new head of Australia

CHLOE WALKER  |  WEDNESDAY, 20 JUL 2022
... years at Towers Watson (now Willis Towers Watson) in the UK and Australia, working with some of the world's largest pension funds and superannuation funds. Commenting on her promotion, Walsh said she feels extremely privileged to receive these added ...

Aussies don't need so much in retirement savings: SCA

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
... who wishes to spend $1308 per fortnight ($34,000 a year) will need to have $88,000 saved by age 65 on top of their Age Pension entitlements. If they wish to spend $1692 per fortnight ($44,000), they will need to have $301,000 saved, while anyone wanting ...

Those most in need of advice see least value in it: Research

JAMIE WILLIAMSON  |  TUESDAY, 12 JUL 2022
... lower socio-economic groups out of receiving advice, which reduces their financial wellbeing, places a greater burden on pension support, and may contribute to financial inequality in society," Krishnamurti said. The research was funded by Magellan Asset ...