14 April 2009 13:00
Since government bond yields are used to discount future liabilities, a reduction in the discount rate from 6 per cent to 4 increases the reported liabilities by 28 per cent.
The Watson Wyatt survey analysed the accounts of 143 of the top 200 listed companies on the ASX. Of these, 54 companies continue to have a DB obligation while the remaining companies provide DC arrangements only.
It did not cover unlisted companies
(including subsidiaries of overseas businesses), or the public sector.
survey, liabilities, it’s, scheme, funding, measures, mcneice, shortfall, different, substantially, wyatt, watson
Rest Super has built its private equity program around a deliberately selective approach to manager and deal selection, favouring a concentrated roster of external partners and proactively seeking out top PE firms rather than waiting for them to come knocking. Head of private markets Marina Pasika unpacks the program’s coming of age and what powered an asset class return more than double the peer average in the last financial year.
The investment intelligence behind Australia’s largest asset owners and their teams
In-depth interviews with leaders, experts and visionaries in the institutional investment community
Updates on the latest industry policy developments and regulation
The challenges and innovations of custody, technology and operational due diligence
Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.
We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
Leave a Comment
You must be logged in to post a comment.