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Showing 1371 - 1380 of 3210 results for "Scheme"

Northern Trust eyes super fund trading desks

KANIKA SOOD  |  WEDNESDAY, 3 APR 2019
... from Northern Trust's custody clients, which include the $147 billion Future Fund, QIC Commonwealth Superannuation Scheme, Crestone Wealth Management, Mercer, NZ Super and Government Employees Superannuation Board (GESB). Paulin says the trigger ...

AMP Capital invests in student accommodation

KANIKA SOOD  |  MONDAY, 1 APR 2019
... acquired a 34-year contract for student accommodation at Australian National University from Commonwealth Superannuation Scheme and Infratil. AMP Capital will collect the rental income from 4,184 beds in 10 residences at the Australian National University ...

Zurich Investments shuts down fund

KANIKA SOOD  |  THURSDAY, 28 MAR 2019
... income-focused international equities fund amid a strategic review of its fund lineup. The Zurich Investments Global Equity Income Scheme, managed by Denning Pryce was closed off in September, wound up in December and completed its final deregistration ...

Federal Court shuts down Linchpin and Endeavour Securities

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
... helped put Endeavour Securities and Linchpin Capital Group into liquidation. The Federal Court also ordered the registered scheme operated by Endeavour and the unregistered scheme operated by Linchpin - both called the Investport Income Opportunity Fund ...

AFA takes red pen to Hayne report

HARRISON WORLEY  |  WEDNESDAY, 20 MAR 2019
The Association of Financial Advisers has stepped up its opposition to the Royal Commission's final report, claiming the inquiry failed to acknowledge the value of advice. In a paper released by the association this week, AFA general manager policy ...

Westpoint investors to receive $1.5m

HARRISON WORLEY  |  WEDNESDAY, 20 MAR 2019
... $388 million they incurred in losses. ASIC said this is made up of about $78 million in recoveries from the investment scheme's liquidation process and Westpoint companies not in liquidation, and almost $93 million compensation from ASIC's actions. Between ...

UK to introduce new pension scheme

KANIKA SOOD  |  TUESDAY, 19 MAR 2019
The UK has green flagged a new type of pension scheme on the back of union demand, joining Denmark and Netherlands which use a similar system. The new collective defined contribution (CDC) will allow employers to pool together group contributions while ...

Franking changes feared by shareholders

HARRISON WORLEY  |  TUESDAY, 19 MAR 2019
... reveals they expect to be heavily affected by the changes to imputation credits, with 85% indicating their reliance on the scheme. AFIC said 85% of respondents believe the changes will result in a negative impact on their income, while 79% are either ...

Nikko AM chief executive steps down

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAR 2019
... after he was named in a US lawsuit alleging he deliberately made lucrative stock options that were part of an incentive scheme for employees worthless. The civil case was brought by 7 former employees of Tokyo-based Nikko Asset Management who are seeking ...

Amendments to retirement income law assent

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
A bill amending retirement income legislation is now law, with several changes made to the legislative framework surrounding retirement income and social security receiving Royal Assent late last week. The Social Services and Other Legislation Amendment ...