Sydney, 31 January 2012 – Australian pension assets are among the developed world’s fastest- growing, with an annual growth rate of 17%, measured in US dollars, over the past ten years according to the Towers Watson Global Pension Assets Study. In 2011, they totalled US$1.3 trillion, the equivalent of 96% of Australia's GDP.Continue reading...
What should the super industry be aware of for the year ahead? Of the major reforms announced in 2011, what are likely to be the priorities for implementation? Will the industry finally come to terms with longevity risk? Andrew Boal talks to Sonja Lee in this Viewpoint about a year that promises to be a watershed for the industry. Continue reading...
Each year, super funds around Australia produce statements for their members. But the challenge remains – how to make statements, and super, as meaningful as possible. Read our case study with Toyota Super.Continue reading...
With the introduction of short Product Disclosure Statements next year, the financial services industry must navigate a new path. Continue reading...
It gives me pleasure to provide you with our last ‘Insight’ of 2011, a bi-annual newsletter produced by Towers Watson Financial PlanningContinue reading...
Hong Kong, London, New York, 5 December 2011 – Towers Watson (NYSE, NASDAQ:TW), a leading global professional services company, has appointed Danny Howell as Head of Wealth Management for Asia.Continue reading...
Sydney, 8 November 2011 - Australian employee confidence in their organisation’s leaders has dropped, according to the latest research by leading global consultant Towers Watson.Continue reading...
Sydney, 8 November 2011 - Australians should factor in the age pension when looking at their projected retirement income, according to leading global professional services firm, Towers Watson.Continue reading...
Sydney, 1 November 2011 – Latest research from leading global consultant Towers Watson and Pension & Investments, a leading US investment newspaper, shows assets managed by Australia’s largest investment managers increased significantly relative to global peers last year.Continue reading...
As part of its Stronger Super response to the Cooper review, the government decided to give APRA the power to make prudential standards for superannuation.Continue reading...