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Showing 1041 - 1050 of 3208 results for "Scheme"

ASIC bans crypto scammer

ALLY SELBY  |  FRIDAY, 4 SEP 2020
ASIC has banned a former national representative of a cryptocurrency investment scheme from financial services for seven years, after it was found he engaged in misleading or deceptive conduct. New South Wales based John Louis Anthony Bigatton has copped ...

Super remains grossly inequitable: Per Capita

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... outcomes between the genders. "Australia's system of universal superannuation is among the world's best retirement savings scheme, and the introduction of the Superannuation Guarantee in 1993 was by far the greatest policy intervention to improve retirement ...

ERS to lead to rising pension costs, higher taxes

ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
Industry Super Australia has slammed the government's early release of superannuation scheme, arguing it will significantly increase the long-term Age Pension costs borne by taxpayers. Total retirement incomes will be substantially lower, it said, while ...

ERS withdrawals surpass $32bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... savings withdrawals have surpasses $32 billion since the introduction of the government's Early Release of Super (ERS) scheme. Over the week to August 23, 59,000 applications were received by funds of which 35,000 were initial applications and 24,000 ...

Fake pastor herds believers into Ponzi scheme

ELIZABETH MCARTHUR  |  MONDAY, 31 AUG 2020
A man claiming to be a pastor in the US has been charged over a Ponzi scheme that targeted African immigrants, particularly those of faith. The US Securities and Exchange Commission (SEC) charged two companies based in Maryland for the scheme that allegedly ...

Female access to ERS to widen gender super gap

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
The Early Release of Superannuation (ERS) scheme is expected to impact female workers and widen the gender superannuation gap according to The Australian Institute of Superannuation Trustees (AIST) and Women in Super. New data shown at the annual Women's ...

ASIC grants frozen fund relief

JAMIE WILLIAMSON  |  THURSDAY, 27 AUG 2020
... Ratings. In response, ASIC has granted new conditional relief to all responsible entities of registered managed investment scheme that are now frozen. Previously, access could only be granted on the basis of financial hardship on a case-by-case basis. ...

QIC portfolio manager moves to Funds SA

KANIKA SOOD  |  THURSDAY, 27 AUG 2020
The $34 billion public investment manager has hired a new portfolio manager for debt and liquid alternatives from QIC. Petar Bogdanovic spent 15 years at QIC, working in a variety of roles across fixed interest portfolio management, interest rate strategy ...

COVID-19 may delay retirement: WTW

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... research, Impact of COVID-19 on Retirement Adequacy, looked at COVID-related factors beyond the Early Release of Super (ERS) scheme to include investment returns, switching behaviour and unemployment. The projections illustrated that the events of 2020 ...

Link suffers in COVID environment

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... running during COVID-19. " McMurtie said the business had done well to execute the government's Early Release of Super (ERS) scheme which was recently extended until the end of the year. "Our technology, scale and expertise have enabled us to design ...