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

Search Results

Showing 1071 - 1080 of 3208 results for "Scheme"

Bendigo and Adelaide Bank to face fresh class action

ELIZABETH MCARTHUR  |  TUESDAY, 11 AUG 2020
... a fresh class action against Bendigo and Adelaide Bank on behalf of investors in the Great Southern managed investment scheme are being finalised this week. EQ Legal director Sasha Ivantsoff told Financial Standard that 850 entities including self-managed ...

Brisbane broker permanently banned

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... compliance certificate, maintain a trust account and did not notify ASIC of a change in an approved external dispute resolution scheme. The banning is effective from 29 July 2020, ASIC said. However, Gordon has the right to appeal to the Administrative ...

AMP, CBA, Westpac face potential class action

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
... oversight. "Litigation funders are currently exempt from holding an AFSL and being categorised as a managed investment scheme," Frydenberg said. "As a result, litigation funders do not face the same regulatory scrutiny and accountability as other financial ...

ISA, Grattan find common ground

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
... ground with the Grattan Institute in regards to its report on the effects of the government's Early Release of Super (ERS) scheme. Part of Grattan's modelling found that millions who accessed the COVID-19 ERS scheme, and don't top up their savings, will ...

New platform launches for super funds

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
... funds' gradings changed dramatically from the first Heatmap." Briant also mentioned the government's Early Release of Super scheme, which he said helped increase engagement by individuals with their super. "At the same time COVID-19 Early Release has ...

ERS doesn't justify higher SG: Grattan

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
... most Australians will have a comfortable retirement even if they have taken advantage of the government's early release scheme. The government recently extended the ERS scheme, allowing individuals who have lost their job or had their hours or trading ...

Chief economist update: Escape from Victoria

BENJAMIN ONG  |  FRIDAY, 7 AUG 2020
... suffers Melbourne's fate. In response, the Morrison government is disbursing an extra A$15.6 billion for the JobKeeper scheme, taking the total cost of the programme to A$102.2 billion this financial year. Needless to say, this will raise the country's ...

It's your money: Hume calls out Keating

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
... Jane Hume has called out former Prime Minister Paul Keating over his criticism of the government's Early Release of Super scheme, calling him elitist. Taking to Twitter, Hume implied the former Prime Minister was part of an elite upper-echelon of society ...

ERS scheme referred to Auditor-General

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
The Labor party has referred the government's Early Release of Superannuation scheme to the Auditor-General, citing administrative failures. Shadow Assistant Treasurer Stephen Jones sent the letter to the Auditor-General Grant Hehir asking him to review ...

APRA spells out unlisted asset valuation standards

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
... valuing unlisted assets. It comes as the market downturn as a result of the pandemic and the Early Release of Superannuation Scheme (ERS) has led to industry concerns about the appropriate valuations of unlisted assets. Speaking at the House of Representatives ...