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Showing 71 - 80 of 117 results for "Pension system"

Actuaries say super taxes need to be reviewed

DARREN SNYDER | WEDNESDAY, 10 JUN 2015

Financial services representative groups are weighing in to a debate about the federal government's uncertain position regarding superannuation tax reform. Today the Actuaries Institute said there is growing clamour for clarity around superannuation ...

IGR proves current welfare level is unsustainable: FSC

LAURA MILLAN | FRIDAY, 6 MAR 2015

The results of the Treasury's Intergenerational Report prove that Australia's current level of social welfare cannot be sustained and that superannuation will play a key role in addressing the issue, the Financial Services Council (FSC) said. Reacting ...

Demography must drive reform

ANDREW BRAGG, FSC DIRECTOR OF POLICY AND GLOBAL MARKETS | FRIDAY, 27 FEB 2015

A clear Australian agenda for change which requires difficult reform over the next decade is emerging. Demography is a very significant challenge alongside the inefficient federation and Australia's national competitiveness. It is an issue which reaches ...

Australia's pension system second best in the world

JAMES FERNYHOUGH | TUESDAY, 14 OCT 2014

Australia's pension system is the second best in the world, according to the Melbourne Mercer Global Pension Index. With a score of 79.9%, Australia outperformed the Netherlands, Switzerland, Finland and Sweden in the index, and was just behind Denmark ...

Insurance through super saves $403 million

STAFF WRITER | FRIDAY, 29 AUG 2014

Insurance provided to people through their superannuation reduces the annual cost to government of social security by about $403 million, according to new research commissioned by the Association of Superannuation Funds of Australia (ASFA). These savings ...

Super needs a radical new solution to longevity: Keating

ALEX DUNNIN | FRIDAY, 9 MAY 2014

... we've got to reduce the number of people on the pension. And what happened was [my government] was heading for a pension system where 50% of retirees over 65 were on the pension and the rest were on self-provision under superannuation. That's now basically ...

Larry Fink pays tribute to Australian super system

MARK SMITH | THURSDAY, 24 APR 2014

... largest asset manager celebrates its 25th anniversary, Fink's note highlighted the unpreparedness of the global pension system to cater for the demographic shift that is occurring across the world. He described the issue as defining investment challenge ...

ASFA calls for consistent global regulatory standards

JAMES FERNYHOUGH | FRIDAY, 14 MAR 2014

... investment risk, while ensuring that where and how we invest provides a public good?" Other areas touched on included pension system design, the role of pension capital in local and global economies, and the development of a global private pension br ...

Pension uncertainty for municipal workers in Detroit

HARRY PAGE | FRIDAY, 6 DEC 2013

... local research at the Centre for Retirement Research at Boston College, said change needs to happen for the public pension system to work. "They made their contributions. They were promised a benefit. The employees have a right to be upset," Aubry added. ...

ACSI appoints Future Fund exec as new chief

MARK SMITH | THURSDAY, 26 SEP 2013

... Greenhill & Co. in London, and also worked as an investment consultant in Zurich. "Australia has a world-class pension system, and has become a centre of excellence in integrating ESG issues into investment decision-making and the exercise of ownership ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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