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Showing 91 - 100 of 2802 results for "Scheme"

Sterling Income Trust executives charged

CHLOE WALKER  |  MONDAY, 6 NOV 2023
Three directors connected to the Sterling Income Trust are facing criminal charges over the collapsed property investment and management group's schemes. Sterling Group founder Raymond Jones and associate Simon Bell have each been charged with 11 counts ...

Caddick victims sue auditors in class action

KARREN VERGARA  |  MONDAY, 30 OCT 2023
... financial adviser and reportedly defrauded some $23 million from her clients as early as 2012, essentially running a Ponzi scheme. She disappeared on 12 November 2020, the day after ASIC raided her home. In March 2021, ASIC dropped the 38 criminal charges ...

Federal Court freezes assets of pension platform

CASSANDRA BALDINI  |  MONDAY, 30 OCT 2023
ASIC has obtained interim orders from the Federal Court to freeze the funds and assets of Brite Advisors (Brite), a specialist in moving private UK pension savings offshore. The global advisory, pension administration and asset management provider came ...

Rival bidder seeks to acquire Diverger

KARREN VERGARA  |  MONDAY, 30 OCT 2023
... novated leasing and insurance broking". COG anticipates commencing the due diligence process immediately and entering a scheme implementation deed before November 1. In response, Diverger said it is working through COG's proposal and has not made any ...

Local fund managers lag global peers: FSC

CHLOE WALKER  |  FRIDAY, 27 OCT 2023
According to the Financial Services Council (FSC), Australia's funds management industry continues to see significant growth but is falling behind when it comes to attracting more capital from overseas investors under the new Corporate Collective ...

Taskforce unveils recommendations for economic equality

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... early childhood education and care. Another recommendation the WEET suggests is to extend "the Paid Parental Leave (PPL) scheme by phasing the entitlement up to 52 weeks and boosting the quantum of payments to reach a replacement wage and ensure the ...

New advice firm hits Melbourne

CHLOE WALKER  |  WEDNESDAY, 18 OCT 2023
Launching in late October, Source Wealth will provide flexible, goals-based advice backed by technology. Source Wealth founder Michael Sauer brings nearly a decade of experience in financial services to the firm, having served at Tribeca Financial ...

Hostplus member experience lead to exit

ELIZABETH FRY  |  THURSDAY, 5 OCT 2023
... executive finance technology and investment operations. He joins the fund that administers the portable long-service leave scheme for the construction industry in Victoria as chief financial and investment officer. Having joined Hostplus in 2013 following ...

GESB debuts first sustainable option

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2023
The West Australian scheme is now offering members a dedicated ESG option, managed by Pendal. The Sustainable Balanced investment plan was made available to members of GESB Super, West State Super and Retirement Income Allocated Pension members on September ...

Super tax break changes open for consultation

KARREN VERGARA  |  TUESDAY, 3 OCT 2023
Treasury's clampdown on tax concessions for superannuation balances greater than $3 million has been laid out in its draft legislation and is now opened for consultation. From 2025-26, the proposed law states that for members with total superannuation ...