Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1031 - 1040 of 3208 results for "Scheme"

Legalsuper appoints executive, increases premiums

JAMIE WILLIAMSON  |  MONDAY, 14 SEP 2020
... Super and Putting Members Interests First legislative changes. The fund also cites the Early Release of Superannuation scheme as a driver, with APRA stats out today showing legalsuper has paid about $50 million out under the scheme through 5862 applications ...

ERS applications flat line

ELIZA BAVIN  |  MONDAY, 14 SEP 2020
... applications. Initial applications total 3.2 million and repeat applications total 1.2 million since the inception of the scheme back in April. Over the week to September 6, super funds made payments to 4.3 million Australians since the scheme was launched ...

Super fund boss remuneration on the agenda

KARREN VERGARA, ELIZABETH MCARTHUR  |  FRIDAY, 11 SEP 2020
... been impacted. Our job is to invest money. Our job has also been to assist the government in relation to its early release scheme payments...," he said. An investigation by News Corp found Elia was the highest paid chief executive last financial year ...

ERS sees Cbus members forfeit TPD cover

ANNABELLE DICKSON  |  FRIDAY, 11 SEP 2020
Cbus has argued the Early Release of Super (ERS) scheme has been detrimental to many Cbus members, having withdrawn their entire balance and seeing the cancellation of their total permanent disability insurance. Speaking at the House of Representatives ...

BlackRock wins $7.1bn mandate

KARREN VERGARA  |  FRIDAY, 11 SEP 2020
BlackRock has secured a $7.1 billion (£4bn) mandate from a UK pension scheme. The investment manager will provide asset allocation and manager-selection decisions across all asset classes for the Civil Aviation Authority Pension Scheme (CAAPS), a defined ...

Industry fund hikes premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 9 SEP 2020
... does not impact full claims or rollovers, or any early access to super granted, including under the early release of super scheme. Finally, Intrust announced it will transition to daily unit pricing from December 1.

First State Super makes first take-private bid

ALLY SELBY  |  WEDNESDAY, 9 SEP 2020
... time." OptiComm shareholders were set to vote on a takeover by rival bidder Uniti Group tomorrow, after entering into a scheme implementation deed with the telecommunications company on June 15. As part of the deal, Uniti had offered shareholders $5.19 ...

Chief economist update: Is Dan still the man?

BENJAMIN ONG  |  TUESDAY, 8 SEP 2020
... more had it not been for the federal government's JobKeeper programme. The Commonwealth government's JobKeeper scheme will reduce payments from A$1500 a fortnight to A$1200 from September 27. This is now in danger with Prime Minister Scott Morrison ...

Majority of ERS applications double dippers

ELIZA BAVIN  |  MONDAY, 7 SEP 2020
The majority of payments made through the government's Early Release of Super (ERS) scheme have been double dippers, according to the most recent APRA data. In the period from the scheme's inception until end of financial year, 2.54 million applications ...

UK pensions to factor in climate change risk

JAMIE WILLIAMSON  |  FRIDAY, 4 SEP 2020
... week, the UK's work and pensions secretary Therese Coffey proposed legislation that would require occupational pension scheme trustees to consider the long-term financial risks posed by climate change. The government wants to see the 100 largest occupational ...