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Showing 1 - 10 of 389 results for "defined benefit"

Corporate fund selects Mercer Super for SFT

JAMIE WILLIAMSON  |  TUESDAY, 22 APR 2025
... accounts, about 720 of which are active. The median account balance is about $200,000. The fund was also home to 32 defined benefit members with a lifetime pension entitlement. They have all already been transferred to the Challenger Retirement Fund. ...

Hostplus limits investment options

ELIZA BAVIN  |  FRIDAY, 11 APR 2025
... options: the Australian shares, international shares, and growth options. Additionally, changes will be made to the defined benefit reserve investment strategy, switching from bespoke investments to the Conservative Balanced investment option. "[The ...

Apex wins $7bn super admin mandate

KARREN VERGARA  |  FRIDAY, 4 APR 2025
Apex Group has won a mandate to administer Diversa Trustees' $7 billion master trust business. Diversa will use Apex Superannuation going forward, part of which means utilising Iress' Acurity platform. Iress offloaded its superannuation business to ...

State Super: In decline but doing fine

ANDREW MCKEAN  |  FRIDAY, 21 MAR 2025
State Super closed its main defined benefit schemes in 1985 and 1992, meaning the fund is on a long slow march to completion. Its chief executive John Livanas unpacks the challenges of managing a fund with no new members and an inevitable end. State ...

Super moves: Qantas Super, VFMC, AusSuper

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
... Qantas Super's head of defensive assets. In that role, he looked after the defensive asset portfolio and the defined benefit investment strategy and oversaw investment implementation and currency. Grogan has been with the superannuation fund for ...

Challenger profits up, share price falls

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
... relationships across the firm's sales channels, including with institutional clients, securing new lifetime annuity and defined benefit opportunities in the half. Regarding funds management, Hamilton said the division continued to demonstrate the value ...

FSCP orders adviser to undertake further education

KARREN VERGARA  |  WEDNESDAY, 5 FEB 2025
... by about $15,000. "The breach occurred because the relevant provider failed to take into account the client's defined benefit scheme even though income the client received from the scheme was referred to on several occasions in the Statement of Advice," ...

One in five pension funds face liquidity risks

KARREN VERGARA  |  WEDNESDAY, 15 JAN 2025
... that the situation could become problematic in extreme cases. Only 20% said they have no liquidity concerns. For defined benefit (DB) schemes, increasing exposure to private assets is one of the main reasons behind their liquidity concerns. Of the pension ...

TCorp returns 7%, AUM hits $110bn

KARREN VERGARA  |  WEDNESDAY, 18 DEC 2024
... Sydney Water, and Transport NSW. During the period, it generated 7.5% p.a. for the State Super Trustee Selection (Defined Benefit) Portfolio and 8.4% p.a. for the Treasury Managed Fund. Some 17% or $19 billion of total AUM sits in unlisted assets. About ...

AI can improve super fund value chain: CFA Institute

KARREN VERGARA  |  WEDNESDAY, 18 DEC 2024
... Intelligence report canvassed investments and technology experts from the UK, Australia, and Japan, who work across defined benefit and defined contribution schemes. They found that the latest tools can enhance the areas of member engagement and financial ...
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