Self-provision for retirement must be encouraged by the Federal Government, said AIST’s Fiona Reynolds, because – despite compulsory superannuation – about 80 per cent of Australians will still retire wholly or partly on the age pension.
Australia moves up the global pensions list
Australian super fund assets rose to 103 per cent of the country’s GDP last year, compared with 93 per cent a year earlier, which boosted our ranking from fifth to fourth largest pension asset pool in the world.
Catholic Super moves into syndicated loans
The Melbourne-based Catholic Super has awarded over $70 million to a local manager of global syndicated loans.
LUCRF to revolutionise unions’ face-to-face advice
The concept of union-site visits will take on a whole new meaning due to LUCRF’s signing with Provisio Technologies for its rapid-advice delivery software.
Feds must support annuities: Sherris
The Federal Government has a crucial role in supporting the development of a life annuity market, said Australia’s leading academic on superannuation issues.
MetLife’s mettle to be tested again
MetLife will again battle to maintain its share of the margin-challenged group insurance market, as a client worth $40 million of annual premiums puts its contract out to tender.
AMP Capital’s Mark O’Brien looks west for future direction
Mark O’Brien, an AMP Capital Investors veteran and until recently its chief investment officer, has left the big manager in pursuit of ambitions outside the investment industry and has been succeeded internally.
AustralianSuper to get biggest rollover yet
A $3 billion state-based super fund will roll into AustralianSuper, taking it up to the $40 billion mark in a move seen by some as a precedent for other state-based funds to follow.
Wallara key man walks
Wallara Asset Management, a long-time Australian equity manager for MLC, has lost a senior investment manager who’s understood to have also owned 15 per cent of the firm.
MetLife's mettle to be tested again
MetLife will again battle to maintain its share of the margin-challenged group insurance market, as a client worth $40 million of annual premiums puts its contract out to tender.
AMP Capital's Mark O'Brien looks west for future direction
Mark O’Brien, an AMP Capital Investors veteran and until recently its chief investment officer, has left the big manager in pursuit of ambitions outside the investment industry and has been succeeded internally.
HostPlus' ultra-cheap option off to flying start
David Elia
