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Showing 1311 - 1320 of 3210 results for "Scheme"

Former IOOF company loses court battle in timber scheme

KANIKA SOOD  |  FRIDAY, 27 SEP 2019
... expected to pay about $80 million after yesterday's court judgement on its conduct as the trustee to a forestry investment scheme. AET was appointed as the trustee of the S.E.A.S Sapfor Forests Pty Ltd in 1965. The scheme was to invest in timber ...

Chief executive bonuses unscathed by public perception

ELIZA BAVIN  |  TUESDAY, 17 SEP 2019
Declining public trust in the post-Royal Commission world was not enough to dampen executive pay packets, with over half of ASX100 chief executives receiving at least 70% of their maximum entitlement. A report from the Australian Council of Superannuation ...

AFCA ombudsman addresses adviser concerns

KRISTI CHENG  |  TUESDAY, 10 SEP 2019
... to contact parties that can now make a dispute. AFCA's expanded jurisdiction followed the introduction of the AFCA Scheme (Additional Condition) Amendment Authorisation 2019 which requires AFCA, for 12 months, to accept complaints about conduct dating ...

Adviser cops 262 month jail sentence

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2019
... to the prison time, Thomas was ordered to repay $10.7 million in restitution to the victims of his fraudulent investment scheme. He will pay a further $10.7 million to the US. Thomas was convicted in November 2016 on 21 counts of wire fraud, bank fraud ...

Who foots the bill when super funds merge?

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
... combined group of members can most benefit from the tax relief on the costs." Tasplan merged with RBF Tasmanian Accumulation Scheme and Quadrant Super in about four years ago. It was recently part of another potential merger when Statewide Super, WA ...

Merger costs may impact short-term returns: ASI

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
... funds for capital gain so generally you are okay than that," Coogan said. Tasplan merged with RBF Tasmanian Accumulation Scheme and Quadrant Super in about four years ago. It was recently part of another potential merger when Statewide Super, WA Super ...

Government extends FASEA deadlines

KARREN VERGARA, JAMIE WILLIAMSON  |  FRIDAY, 30 AUG 2019
... undertake continuing professional development, comply with a code of ethics and be a member of an ASIC-approved code monitoring scheme. "While making these changes to raise education standards in the industry, we also need to balance the impact of these ...

New Zealand maintains pension age

KARREN VERGARA  |  TUESDAY, 27 AUG 2019
... that you are more likely if you work in manual labour or hard labour your life expectancy is also shorter." Under the NZSF scheme, all New Zealanders aged 65 and over receive payments - otherwise known as the pension, National Super or Super. Over the ...

Peak bodies respond to government roadmap

KRISTI CHENG  |  TUESDAY, 20 AUG 2019
... the council, however, with the FSC naming the new disciplinary system for financial advisers, as well as the compensation scheme of last resort as recommendation it "believes require further discussion with the government". The final report of the Royal ...

Salary sacrifice loophole bill insufficient: ISA

KRISTI CHENG  |  MONDAY, 19 AUG 2019
... by the ATO is another key cause, with the Australian National Audit Office noting in its 2015 audit of the ATO, "the SG Scheme operates largely without the intervention of the ATO". ISA recommended that the Senate Economics References Committee support ...