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Showing 831 - 840 of 3872 results for "Pension"

AMP Capital appoints chair, deputy for Private Markets

ELIZABETH MCARTHUR  |  TUESDAY, 12 OCT 2021
... to step down following the completion of a scheme of arrangement for a consortium led by KKR and Ontario Teachers' pension fund to take over the business. The appointments are effective November 1 and will see Snowball and Fay continue progressing ...

REI Super makes drastic fee changes

JAMIE WILLIAMSON  |  MONDAY, 11 OCT 2021
... admin fees, will see a member with a $50,000 balance go from paying 1.12% to 0.96%. The changes also apply to the fund's pension offerings. A pension phase member in the balanced MySuper option will see their investment fee increase from 0.57% to 0.60% ...

IOOF restructures technology division

ANNABELLE DICKSON  |  FRIDAY, 8 OCT 2021
Following the completion of the acquisition of MLC, IOOF shifted the responsibilities of technology which has led to the departure of its chief information officer. Sharam Hekmat held the position for nearly five years and was responsible for managing ...

Aware Super invests in hotel site

KARREN VERGARA  |  WEDNESDAY, 6 OCT 2021
... build a hotel located in London's Victoria district. The superannuation fund, Dutch apartment hotel group City ID and pension provider APG, acquired the site for an undisclosed amount. Aware Super senior portfolio manager of property Alek Misev said ...

Challenger adds market-linked annuity

ANNABELLE DICKSON  |  TUESDAY, 5 OCT 2021
... are generally tax free if super money was used to invest. A lifetime annuity has the potential to boost a retiree's Age Pension entitlements under the asset test rules as 60% of an investment amount in a Challenger annuity is included as an asset to ...

Pension funds acquire forestry asset

ANNABELLE DICKSON  |  FRIDAY, 1 OCT 2021
Two European pension funds are set to purchase a 62% share in a timber producer in New Zealand. APG Asset Management on behalf of its Dutch pension fund client ABP, and the UK's Pension Protection Fund (PPF) have entered an agreement to purchase Sinotrans ...

Link vows to fight class action

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
Link Group vowed that it will "vigorously defend" its subsidiary against a class action involving the failed Woodford Equity Income Fund. UK law firm Leigh Day kicked off proceedings against Link Fund Solutions on September 27 on behalf of 100 WEIF ...

Retirement Income Covenant closer to materialising

KARREN VERGARA  |  TUESDAY, 28 SEP 2021
... of retirement. This is "income paid from, or supported by, a superannuation interest in the entity; income from an age pension under the Social Security Act 1991 ", the four-page document shows. Minister for superannuation, financial services and the ...

CFS adds to managed account offering

ANNABELLE DICKSON  |  MONDAY, 27 SEP 2021
... partnership with Lonsec, Morningstar and Zenith launched today with 23 managed accounts the FirstChoice Personal Super and Pension platform with no extra research or portfolio construction costs. The offering includes six risk profiles from Lonsec Active ...

AMP North reduces fees, adds options

ANNABELLE DICKSON  |  FRIDAY, 24 SEP 2021
... menu. The minimum brokerage fee for listed securities for clients is now $18.49 from $34 and applies to superannuation, pension and IDPS clients across the MyNorth, North, Summit and iAccess platform products. The recent fee cut follows on from a reduced ...