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Showing 1081 - 1090 of 3209 results for "Scheme"

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 ...

SG increase will be deferred: Knox

ELIZA BAVIN  |  WEDNESDAY, 5 AUG 2020
... because it's an important boost to their retirement income given the large withdrawals we've seen from the early release scheme," she said. Campo added Cbus has performed its own internal survey of members who had accessed the ERS scheme and withdrawn ...

Adviser jailed over $2m Ponzi scheme

JAMIE WILLIAMSON  |  TUESDAY, 4 AUG 2020
... $27,000 was withdrawn in cash or transferred overseas. In sentencing Miller, the judge described his conduct as a "Ponzi scheme" involving a "significant breach of trust" and a "cruel and deceitful betrayal inevitably leading to financial disaster". ...

Cyber criminals jump on ERS

ELIZA BAVIN  |  TUESDAY, 4 AUG 2020
... to collect personal information to be used to make fraudulent claims of government programs, including access to the ERS scheme. "One of the high-risk issues have been the impersonation of legitimate government websites and communications," he said. ...

ERS continues super drain

ELIZA BAVIN  |  MONDAY, 3 AUG 2020
The Early Release of Superannuation (ERS) scheme continues to drain the super system, with almost $30 billion removed from Australians' retirement savings, according to the latest APRA data. Over the week to July 26, super funds made payments to ...

Another sentenced in ATO fraud

ELIZA BAVIN  |  MONDAY, 3 AUG 2020
... Anquetil was one of the founders of the payroll services company, Plutus Payroll, and one of the architects of the fraudulent scheme. AFP commander investigations eastern command Kirsty Schofield said Operation Elbrus has involved years of dedicated ...

Spend your money how you please: PM

ELIZA BAVIN  |  FRIDAY, 31 JUL 2020
... government's place to tell Australians how to spend the money they have removed from super due to the Early Release of Super (ERS) scheme. Speaking at a press conference Prime Minister Scott Morrison said the only person who can decide how to spend the ...

UK pension fund to go net zero

JAMIE WILLIAMSON  |  THURSDAY, 30 JUL 2020
The UK's National Employment Savings Trust, known as NEST, will immediately shift close to half of its entire portfolio to climate aware strategies and begin divesting from companies involved in thermal coal, oil sands and arctic drilling. NEST ...

IOOF increases FUMA, lifts remediation costs

ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
... This client sentiment is particularly apparent through withdrawals associated with the Early Release of Superannuation scheme (ERS) and subdued flows in financial advice," he said. "Providing the community with guidance and support is at the core of ...

Watchdog warns of celebrity-endorsed bitcoin scams

ALLY SELBY  |  THURSDAY, 30 JUL 2020
ASIC has uncovered several cryptocurrency scams using Australian celebrities, prominent news sites, and government agencies to reel in investors. Endorsements from celebrities and business figures such as Waleed Aly, Mike Baird, Celeste Barber, Andrew ...