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Showing 1301 - 1310 of 3210 results for "Scheme"

Defined benefits robbed women: Kelty

ELIZABETH MCARTHUR  |  FRIDAY, 25 OCT 2019
... said. Kelty said that defined benefit schemes were particularly disadvantageous to women, but that the industry-led super scheme he was a part of creating with Prime Minister Paul Keating was supposed to redress much of that imbalance. "Industry after ...

Disgruntled chief executive wins $2.7million

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
... cost in the company's financial accounts for the 2020 financial year," it said, adding that it would not affect the FNZ scheme of arrangement. The court will hear from the parties on further costs.

SMSF scheme sees creator jailed

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
... was sentence to three years in prison after pleading guilty to orchestrating an illegal early release of a superannuation scheme, with the court finding the fund did not comply with relevant protocol, procedures and requirements of superannuation legislation. ...

Industry fund appoints interim investment chief

HARRISON WORLEY  |  FRIDAY, 18 OCT 2019
... find Smith's permanent replacement. Kessell joins the fund with more than 20 years' experience managing pension scheme investments in Australia and the UK, including almost 10 years at Kinetic prior to its merger with Sunsuper in 2018, and more ...

Former adviser cops 12 years in jail

HARRISON WORLEY  |  FRIDAY, 18 OCT 2019
... self-managed superannuation funds in the Australian Diversified Sector Income Fund (ADSIF), an unregistered managed investment scheme. The fund was supposed to diversify across cash, property, shares, aquaculture and agriculture; however its only investment ...

ASIC grants compliance scheme relief

HARRISON WORLEY  |  WEDNESDAY, 16 OCT 2019
... will grant AFS licensees with relief from the obligation to ensure their financial advisers are covered by a compliance scheme. As part of the government's decision late last week to accelerate the establishment of a single disciplinary body for advisers ...

AFCA gets 1450 complaints a week

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... proceed all the way to an Ombudsman's Determination." Recently, the Competition and Consumer (External Dispute Resolution Scheme - Banking Sector) Instrument 2019 was registered. This instrument recognises AFCA as the external dispute resolution scheme ...

Broker fined for lavish entertainment

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
... tapes that the FCA required. But, Tullett Prebon still got a 30% discount on its fine under the FCA's settlement discount scheme because it agreed to resolve the matter. Without this discount, the fine would have been £22 million.

Recreo, Mine Super enter the cloud

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2019
Recreo has launched its long-awaited cloud-based superannuation and investment administration platform, developed in partnership with Mine Super. Recreo and Mine Super said the cloud-based platform, named OneTrust, can manage a range of schemes, including ...

IOOF expects to reappeal timber case

KANIKA SOOD  |  MONDAY, 30 SEP 2019
... Australian Executor Trustees (SA) Limited was appointed as the trustee of the S.E.A.S Sapfor Forests Pty Ltd in 1965. The scheme was to invest in timber on behalf of "covenantholders" but they eventually copped losses. One of the convenantholders, David ...