Investment Strategy
UniSuper’s $1.48 billion defined benefit gap
UniSuper considers a $1.48 billion gap between the assets and liabilities in its defined benefit division as meaningless.
I & T NewsDecember 19, 2011
benefit
Investment Strategy
UniSuper’s defined benefit dilemma
The liabilities of the $11.3 billion defined benefit division of UniSuper are significantly greater than its assets if all 81,000 members of the scheme sought to withdraw all their money at the same time.
I & T NewsDecember 14, 2011
Investment Strategy
Sisson envisages spending rest of career at Templeton
Andrew Sisson, who sold his Balanced Equity Management to Franklin Resources Inc. on June 21, said he expects to spend the rest of his career at the $735 billion asset manager.
I & T NewsJuly 5, 2011
Administration
Pillar separates contribution and benefit functions
Pillar Administration is undergoing an internal restructure that will see the amalgamation of its client teams by function, reducing the total number of teams from 27 to 18 and affecting 400 people within the organisation, with the changes expected to eliminate “single points of failure”. The restructure, which began this month and is due to […]
Staff WriterOctober 2, 2009
Administration
Pillar separates contribution and benefit functions
Pillar Administration is undergoing an internal restructure that will see the amalgamation of its client teams by function, reducing the total number of teams from 27 to 18 and affecting 400 people within the organisation, with the changes expected to eliminate “single points of failure”. The restructure, which began this month and is due to […]
Staff WriterOctober 2, 2009
Investment Strategy
Outgoing Actuary of the Year calls for end to ‘retirement’
The GFC has added poignancy to Outgoing Actuary of the Year Darren Wickham’s push to scrap retirement, and he hopes the Institute of Actuaries Australia will continue to wield the axe as he passes the mantle to Kaise Stephan, chief actuary at Munich Re. Wickham, who is a principal at Mercer and was the Institute’s […]
Staff WriterOctober 2, 2009
Investment Strategy
Outgoing Actuary of the Year calls for end to ‘retirement’
The GFC has added poignancy to Outgoing Actuary of the Year Darren Wickham’s push to scrap retirement, and he hopes the Institute of Actuaries Australia will continue to wield the axe as he passes the mantle to Kaise Stephan, chief actuary at Munich Re. Wickham, who is a principal at Mercer and was the Institute’s […]
Staff WriterOctober 2, 2009
Investment Strategy
Pillar restructures, amalgamates client teams
Peter Beck Pillar Administration is undergoing an internal restructure that will see the amalgamation of its client teams by function, reducing the total number of teams from 27 to 18 and affecting 400 people within the organisation, with the changes expected to eliminate “single points of failure”.
Staff WriterSeptember 21, 2009