News

AUSTRALIA - The Australian Institute of Superannuation Trustees (AIST) has called for the abolition of the A$450 ($437) monthly earnings threshold for superannuation guarantee contributions.

Barnett Waddingham has strengthened its regional business with three hires in its investment and actuarial teams.

Kames Capital has appointed Jonathan Taylor to its institutional sales team in the new role of business development and consultant relations manager.

The shipping industry needs more time to prepare for auto-enrolment because of the unique challenges faced in enrolling offshore workers, First Actuarial says.

Trustees should perform due diligence before delegating further responsibility to existing fiduciary managers, argues an implemented consulting provider.

Employers will accidentally bring their auto-enrolment staging date forward if they fail to separate current scheme members in receipt of benefits out of the company payroll, a legal expert warns.

Government should do more to open up the middle ground between defined benefit and defined contribution schemes to let "imaginative" hybrid schemes flourish, delegates heard.

Employers are facing pension scheme design challenges ahead of auto-enrolment due to overly complex legislation, a scheme manager says.

Schemes will remain locked into safe but unspectacular UK commercial property returns until the end of 2011 due to worsening global market conditions, a report concludes.

Ealing Council's scheme has agreed to allocate 10% of its portfolio to UK commercial property for the first time, PP has learned.