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.
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.
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 […]
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 […]
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 […]
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 […]
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”.