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Showing 781 - 790 of 791 results for "Pensions"

Opposition launches biting criticism of Government's super policies

... an option for Australians and said that the Liberal/Democrat policy recommendation to make compulsory the purchase of pensions rather than allow lump sum for superannuation is dictatorial and unfair. Senator Sherry said it was unfair because it is a ...

Macquarie welcomes Senate superannuation recommendations

... Group has welcomed the recommendation of the Senate Select Committee on Superannuation on the introduction of growth pensions to the Australian retiree market. Macquarie technical manager David Shirlow said the ball was now in the government's court ...

Higher gross salaries in recent times amongst Australians: ABS

... and salaries were the principal source of income for households with middle and high-income levels, while government pensions and allowances dominated for low income households. However, low-income households had the highest incidence of full ownership ...

Increase in Government unfunded super liabilities may cause super vacuum

... attributed to volatile equity markets, longer life spans and also the trend for fewer super scheme members to convert their pensions into less-costly lump sums. The dramatic increase in unfunded liabilities has focused attention on the Federal Government's ...

AMP to close its UK pensions entity NPI to new business

... provides scale to the Life Services business and minimises the cost of managing the NPI book." NPI is the specialist pensions provider within AMP's UK Contemporary Financial Services business unit. The closure of the NPI book to new business means that ...

Australian Skandia set to launch new corporate super service

... financial adviser-centric," Laidlaw says. Skandia One offers managed investments, personal superannuation, allocated pensions and now corporate superannuation, with $400 million in funds under management.

Retail managed fund assets down 1.6% in March quarter

... March 31, according to Morningstar. The biggest falls during the quarter were in unit trusts and in retail superannuation pensions with each category dropping by 6.2%. Insurance bonds also experienced a drop of 5.9% while deferred annuities decreased ...

Financial services market to grow to $1.25 billion by 2012

... growing sector was 'post retirement products' (including lifetime and term-certain immediate annuities and allocated pensions) that is expected to grow by 14.2 per cent per annum, with the Retirement Income share of total funds under management (FUM) ...

Retirement income funds suffer 13% sales slowdown: IFSA

... total funds under management grew by six percent." IFSA's figures, collected by Plan For Life, comprise of allocated pensions and annuities. IFSA represents the retail and wholesale funds management and life insurance industry and has over 100 members ...

APRA urges increase in DB funding as solvency levels fall

... decreased solvency rates. Although keen to stress that Australian funds weren't facing the nightmare scenario of a huge pensions 'black hole' as reported in some US and UK schemes, APRA said that the equity downturn had taken a significant toll on some ...

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Federal Court calls out ASIC for re-running case on appeal

RIDDHIMA TALWANI

The Full Federal Court of Australia has criticised regulators for falling back on appeals to re-litigate cases on a different legal basis than the one run at trial.

Evergreen founder exits Ascalon Capital

KARREN VERGARA

Ascalon Capital has bid farewell to Evergreen Consultants' founder Angela Ashton, shortly after acquiring the consulting firm last year.

Powerhouse Ventures partners with European fund manager

KARREN VERGARA

ASX-listed Powerhouse Ventures has partnered with an unnamed European fund manager that will commit US$50 million to its fledgling Critical Infrastructure Opportunities (CIO) Fund.

KeyInvest unveils new investment platform, awards mandate

MATTHEW WAI

KeyInvest has launched a new investment platform to include a plethora of investment strategies ranging from private credit to global equities.

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