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Showing 61 - 70 of 150 results for "Defined contribution"

Stellar growth for industry funds: APRA

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2018
... success of government-mandated pension contributions, a competitive institutional model and the dominance of defined contribution (DC) schemes, the WTW 2018 Global Pension Asset Study shows. The study analysed 22 major markets with US$41.3 trillion assets ...

Australia's super assets fastest growing: WTW

KARREN VERGARA  |  TUESDAY, 6 FEB 2018
... success of government-mandated pension contributions, a competitive institutional model and the dominance of defined contribution (DC) schemes, WTW's 2018 Global Pension Asset Study shows. The study analysed 22 major markets with US$41.3 trillion assets ...

Former Fidelity consultant joins Legg Mason

ALEX BURKE  |  WEDNESDAY, 31 JAN 2018
Legg Mason has appointed a new national business development manager. Scott Bradley joins Legg Mason from Fidelity Investments in the US, where he spent seven years in multiple roles including financial consultant, investment consultant, financial sales ...

Link adds DB super fund to admin portfolio

DARREN SNYDER  |  THURSDAY, 7 DEC 2017
... Link's scale means it can further build DB fund admin capabilities and maintain most of the same benefits that defined contribution members can access. Holden still sees opportunities to grow the super admin business in Australia as about 50% of funds ...

Jeremy Cooper explores the inconvenient truth of super

ALEX BURKE  |  MONDAY, 20 NOV 2017
... "We need to enhance the model, which is what the MyRetirement reforms are asking us to do." Cooper said the defined contribution model has "no structure to the drawdown phase," arguing that flexibility is prioritised over risk management and income sustainability. ...

Tracing super back to 1517

ALEX BURKE  |  THURSDAY, 7 SEP 2017
... McFarlane joked would likely have been tweeted in 2017 instead of nailed to a door - represented an embryonic defined contribution scheme. Making another historical comparison, McFarlane cited the inability of Tsarist Russia to anticipate the October ...

Aussie super funds increase world ranking

EMMA RAPAPORT  |  TUESDAY, 5 SEP 2017
... Japan and Australia (both 16). Defined benefit (DB) assets increased by 5.6% in 2016, compared to 9.6% for Defined Contribution (DC) plans, 3.9% for reserve funds and an increase of 2.9% for hybrid funds. Top 10 pension funds (US$ millions) Rank Fund ...

Victorian DB liabilities hit $44bn

ALEX DUNNIN  |  WEDNESDAY, 3 MAY 2017
... vindicates the state's transition, albeit a slow transition compared to other Australian states or territories, to defined contribution accumulation superannuation plans which now consume 71% of Victorian state government annual superannuation net cash ...

Russell Investments secures $1.9bn mandate

EMMA RAPAPORT  |  WEDNESDAY, 19 APR 2017
... state-owned Retirement Benefits Fund (RBF). Last month the fund finalised its merger with Tasplan, transferring its defined contribution and defined benefit members. Tasplan now has $7.6 billion in funds under management and more than 165,000 members. ...

Australian pension market grows

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2017
... 2016 - a growth of 4.3% in 12 months. Total pension assets in these markets account for 62% of their GDP. Defined contribution assets now amount to over 48% of global pensions assets compared to 41% in 2006, resultant of a growth rate of 5.6% over the ...