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Showing 61 - 70 of 485 results for %22defined benefit%22

APRA to improve strategic planning, member outcomes rules

JAMIE WILLIAMSON  |  MONDAY, 1 AUG 2022
... integrated across an RSE licensee's business operations." APRA said the outcomes sought by licensees are not always clearly defined in an objectively measurable way and some demonstrate limited consideration as to how outcomes differ across cohorts which ...

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

JAMIE WILLIAMSON  |  TUESDAY, 12 JUL 2022
... more than double what most of them are willing to pay. For the purpose of the research, a lower socio-economic group is defined as a household with superannuation assets less than $250,000, or single-person household with less than $150,000 in super ...

Wealth industry on the cusp of evolution: Report

CASSANDRA BALDINI  |  TUESDAY, 28 JUN 2022
... result, technology will play an ever more critical role in this transformation," the report said. "The next stage will be defined by substantial modularisation and diversification of offerings, service models and operating models, allowing lower, more ...

Active Super, Vision Super mull merger

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
... terms of funds under management, have a deep history in local government, run both account-based benefits and defined benefit designs and have a shared commitment to responsible investment." On the current MOU, Darmanin added: "Due diligence aims to ...

Hostplus, Statewide Super finalise merger

JAMIE WILLIAMSON  |  FRIDAY, 29 APR 2022
... 10,630 in the Northern Territory, including from the local government and public sectors. It also includes several defined benefit members, with Elia commenting: "This positions the fund well for future mergers. The ability to service defined benefit ...

Action on super gap slow, small

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
... fact that in Australia super is a percentage of your earnings, rather than in any other countries where it is a defined benefit, it means that when you earn less you get less super - it perpetuates. Anything that helps address this inequality, I think ...

AvSuper names insurer, premiums rise

JAMIE WILLIAMSON  |  MONDAY, 7 MAR 2022
... said at the time. Submissions from potential suitors were due early this year. Any merger partner must have a defined benefit capability and be able to deliver insurance coverage to AvSuper's members who likely wouldn't receive standard cover. It's also ...

Australian Retirement Trust announces next merger partner

ELIZABETH MCARTHUR  |  THURSDAY, 3 MAR 2022
... competitive process sees us choosing to make a successor fund transfer into Australian Retirement Trust." APSS is a defined benefit plan with approximately $8 billion in assets and 28,000 members. The fund has been closed to new Australian Post employees ...

Link Group hires general manager for transformation

KARREN VERGARA  |  TUESDAY, 1 MAR 2022
... McGrath said. Link recently retained its administration services for the Victorian Schools Superannuation Fund's defined benefit funds following its merger with Aware Super. The merger finalised in November 2021, bringing together more than 200,000 ...

Schroders restructures team, appoints investments lead

JAMIE WILLIAMSON  |  FRIDAY, 25 FEB 2022
... also recently announced the acquisition of River and Mercantile, a UK-based leader in OCIO solutions in the UK Defined Benefit pension market, and we will be able to leverage this expertise in the Australian market to help meet client needs. "Designing ...