Mercer to take over Westpac's superannuation business
May 26, 2022 10:02:09 AMWestpac agreed to merge its BT Super assets into Mercer Super Trust and sell its Advance Asset Management business to Mercer.
China's State Council outlines third pillar private pension framework
April 21, 2022 10:06:01 AMChina's State Council announced a long-awaited framework for a private pension third pillar of the country's retirement safety net.
AIG names CIO for life and retirement business
April 12, 2022 02:34:36 PMSabra Purtill was appointed executive vice president and chief investment officer for AIG's life and retirement business.
Global retirement assets hit $56.6 trillion in 2021 – Thinking Ahead Institute
February 15, 2022 07:01:00 PMGlobal institutional retirement assets set a new record in 2021, reaching $56.6 trillion by the end of the year in the 22 largest markets.
Hub International adds Kornerstone to its stable
February 02, 2022 03:49:17 PMHub International has acquired registered investment adviser firm Kornerstone.
Hub adds to acquisition tally with Raffa purchase
January 06, 2022 03:33:42 PMHub International has acquired insurance and employee benefit brokerage and consulting firm Raffa Financial Services.
SageView Advisory adds Channel Financial
January 06, 2022 12:25:02 PMSageView Advisory Group added retirement plan services firm Channel Financial, SageView's third acquisition since July.
Chile lower house rejects pension bill in vote that kills motion
December 03, 2021 03:08:27 PMChile's lower house of congress rejected a revised bill for a fourth round of pension withdrawals, definitively killing a contentious proposal.
AustralianSuper finalizes merger with Club Plus Super
December 02, 2021 11:15:40 AMAustralianSuper said it has completed a merger with Club Plus Super.
Australia's Mine Super appoints permanent group CEO
December 02, 2021 10:57:31 AMMine Super, the $9.2 billion fund for Australia's mining sector, elevated interim CEO Vasyl Nair to permanent group CEO.
Firms beef up retirement benefits to attract and retain employees
November 29, 2021 12:00:00 AMAs employers grapple with labor shortages, some are re-evaluating their retirement plans to make them more attractive to the workforce.
U.K. actuaries group warns onerous retirement plan rules endanger trustee model
November 22, 2021 02:55:44 PMU.K. legislative changes to retirement rules are pushing up costs and discouraging individuals from becoming trustees, U.K. actuaries warn.
QSuper leads the way as Australia ups interest in retirement income
November 01, 2021 12:00:00 AMQSuper's "group self-annuitization" offering could become template for longevity solutions under the upcoming Retirement Income Covenant.
Longevity solutions could get Oz retirees in a spending mood
November 01, 2021 12:00:00 AMAnalysts see investment offerings as a way to assure Australian retirees they won't outlive their savings, freeing them up to spend more.
Taxpayer group wants Supreme Court to halt CalSavers program
October 21, 2021 01:52:35 PMA California taxpayer group wants the U.S. Supreme Court to take up its case aimed at stopping the CalSavers program.
AustralianSuper appoints new chief risk officer
October 12, 2021 10:32:21 AMAustralianSuper names Andrew Mantello, the fund's head of emergent risk, as its next chief risk officer.
DWS Group takes minority stake in Smart Pension
October 06, 2021 10:37:15 AMDWS Group acquired a minority stake in retirement technology provider Smart Pension.
U.S. Bancorp deal for MUFG Union Bank to combine $23.1 billion in retirement assets
September 22, 2021 01:27:19 PMU.S. Bancorp has entered into an agreement to acquire MUFG Union Bank, bringing together a potential $23.1 billion in retirement plan assets.
Australian regulator says 13 super products fail initial performance test
August 31, 2021 10:35:22 AMAustralia's regulator said 13 of 80 MySuper products failed to pass the Your Future, Your Super performance test introduced this year.
NEST Insight prepares opt-out research trial
July 29, 2021 11:55:15 AMA workplace emergency savings "opt-out" research program being launched by NEST Insight is being supported by BlackRock and MAPS.
Hub International hires CIO for retirement and private wealth unit
July 28, 2021 03:35:16 PMBrian Collins was named chief investment officer of Hub Retirement and Private Wealth, a new position.
AustralianSuper names head of private credit
July 28, 2021 01:35:25 AMNick Ward was named AustralianSuper's first head of private credit as the fund looks to lift its private debt allocation.
Aware Super’s MySuper default fund posts record 18% gain
July 16, 2021 12:06:03 AMAware Super's MySuper default offering saw a record gain of 18% for the June 30 fiscal year as the fund continued to gear up for growth.
AustralianSuper CEO to step down after 15 years
July 12, 2021 11:27:27 PMIan Silk, who grew AustralianSuper to $172 billion from $15.7 billion, will cede the helm of the fund to chief risk officer Paul Schroder.
Hub International picks up TCG Group in latest deal
July 07, 2021 01:08:59 PMHub International acquired the operating subsidiaries of investment and consulting firm TCG Group Holdings.