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Showing 971 - 980 of 3874 results for "Pension"

RIR reveals bleak financial upside for disabled people

ELIZABETH MCARTHUR  |  THURSDAY, 3 DEC 2020
... Income Review has revealed disabled people are less likely to be in financial stress and poverty when retiring on the age pension alone than in their working lives - demonstrating the struggle a lot of disabled people have making ends meet throughout ...

Pension plan sued for expensive, active strategy

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
US-based Fidelity Investments has been caught up in a class action that alleges a major pension plan exposed members to risky, expensive actively-managed investments instead of allocating to safer passive options. The complaint, filed against Coca-Cola ...

QSuper bets on new retirement product

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... executive Michael Pennisi told a recent member update that the product, while still in the works, complements the Age Pension and other superannuation earnings. The idea was conceived because he worries about the significant risks retirees face: running ...

NZ Super, Ontario Teachers' acquire healthcare provider

ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
The sovereign wealth fund and Canadian pension fund have acquired New Zealand's largest provider of pathology services. NZ Super Fund and Ontario Teachers' Pension Plan have acquired a 50% stake each in Asia Pacific Healthcare Group (APHG). The transaction ...

International consortium sets sights on Optus

ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
A consortium of investors including a $116 billion Canadian pension fund has appointed financial advisers to participate in the upcoming sale of Optus towers. Symphony Consortium, consisting of the Ontario Municipal Employees Retirement System (OMERS) ...

Home ownership shouldn't be at expense of super

ELIZA BAVIN  |  FRIDAY, 27 NOV 2020
... government is doing at the moment. "It is far more sensible to look at barriers, like stamp duty, than loading up the pension system with things that it wasn't designed to do."

Pension funds unite for ESG

JAMIE WILLIAMSON  |  FRIDAY, 27 NOV 2020
In an unprecedented move, eight of Canada's largest pension funds have come together to push for a standardised approach to ESG reporting to strengthen investment decision-making. Issuing a joint statement for the first time, the chief executives of ...

Advice for all could add $630bn to economy

JAMIE WILLIAMSON  |  WEDNESDAY, 25 NOV 2020
... to receive financial advice and properly implement that advice, the economy would grow by $630 billion a year while Age Pension spending would go down by more than 20%, new research shows. Those are the key findings of a study conducted by CPA Australia ...

Franking credits more important than ever

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
... many retirees are in a position where they could garner more income from franking credits than cash investments. "Many pension phase and tax-exempt investors we speak to remain surprised that one dollar of pre-tax income from fully franked dividends ...

Confusion over retirement income objectives

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... that should be. The Retirement Income Review report found the role of the pillars - superannuation, savings and the Age Pension - have to be determined in terms of how they can contribute towards achieving the system's objective. Many submissions the ...