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Showing 81 - 90 of 789 results for "Pensions"

OTPP, PGGM chief investment officers resign

JAMIE WILLIAMSON  |  WEDNESDAY, 20 SEP 2023
... early 2022 and was chief investment officer, private markets for six years prior. He's been with PGGM, which manages the pensions of various pension funds, since 2014 when he joined from KPMG. "After careful consideration during the last couple of months ...

Older Aussies are retirement illiterate: Survey

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... exact amount retirees should drawdown is also complex. Citing a 2022 study by actuary and head of innovation at Optimum Pensions Jim Hennington, some 840,000 Age Pensioners (about a quarter of those over 65) are currently impacted by complex means tests. ...

Largest pension funds see drop in assets: Research

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
... including 16 local super funds, have seen their assets drop for the first time since 2018. According to the Global Top 300 Pensions Funds report, conducted by Willis Towers Watson (WTW) and the Thinking Ahead Institute, revealed an asset drop is on par ...

IFM Investors appoints head of sustainable investment

CASSANDRA BALDINI  |  TUESDAY, 5 SEP 2023
... sustainability initiatives across the business' growing global portfolio. IFM said she brings a wealth of global experience in pensions, stewardship, and sustainable investing to the firm. Previously, she held the role of principal and market engagement ...

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... Balanced Fund. In response, AMP said the options that failed represent just 1.5% of the total FUM held by AMP in super and pensions. It added that all its MySuper options passed the test, as did the bulk of its trustee-directed products. Further, AMP ...

Super, retirement unit cushions Link's massive loss

KARREN VERGARA  |  MONDAY, 28 AUG 2023
... a local team, Link said RSS "is now one of the biggest players in the Occupational Retirement Scheme Ordinance (ORSO) pensions administration market". The Fund Solutions arm continues to dampen Link's performance with the unit's FY23 performance ...

IGR to spark fresh retirement income consultation

CASSANDRA BALDINI  |  FRIDAY, 25 AUG 2023
... the report, mandatory superannuation will lead to a decrease in expenditure on Australian government age and service pensions from approximately 2.3% of GDP in the fiscal year 2022-2023 to about 2.0% of GDP by the fiscal year 2062-63. Meanwhile, the ...

Tim Unger quits Willis Towers Watson

ELIZABETH FRY  |  FRIDAY, 25 AUG 2023
... advocates incorporating ESG principles into investment strategies and frameworks. Earlier in his career, he worked as a pensions actuary at Old Mutual and a quantitative analyst at ING Barings. The article first appeared in Industry Moves.

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... the end of this year or before June 2024. About 75% of TelstraSuper's retirement income on offer are account-based pensions. The remaining 25%, which are group annuities, will see the super fund issue its own lifetime income stream that will be insured ...

Aware Super, Challenger partner for DB solution

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... members living in Victoria, with Aware Super chief investment officer Damian Graham saying reducing the risk of future pensions is critical in the current inflationary environment. According to APRA, Aware Super has about 5800 total defined benefit members ...