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Showing 1471 - 1480 of 3210 results for "Scheme"

Government opens consultation for amended CCIV regime

ALEX BURKE  |  THURSDAY, 14 JUN 2018
... investor protection while being more "internationally recognisable" than the country's existing managed investment scheme (MIS) trust-based structure. The amendments released for consultation yesterday include a revised draft of the new chapter in ...

Advisers must tread carefully on PLS

JAMIE WILLIAMSON  |  THURSDAY, 14 JUN 2018
... warned to exercise caution and double check licensing requirements when advising on the Federal Government's Pension Loan Scheme as a retirement income supplement. As the Pension Loan Scheme is within credit licensing rules, financial advisers cannot ...

Default life insurance reforms ineffective: Research

KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
The Federal Government's proposal to ban default life insurance in superannuation for younger members and those with low balances would supress retirement savings and cost the economy $2.46 billion annually, latest research from AIA Australia shows. ...

Technical Services Forum looks at tax and aged care

KANIKA SOOD  |  FRIDAY, 8 JUN 2018
... "illness separated couple" and cases are assessed individually, she said. Other areas she covered included: pension loan scheme versus reverse mortgages, accommodation supplements for low means residents based on the building's condition, treatment ...

VFMC welcomes former Australia Post Super executive

JAMIE WILLIAMSON  |  WEDNESDAY, 6 JUN 2018
The head of investments at Australia Post Superannuation Scheme has joined Victoria Funds Management Corporation. VFMC confirmed Ezinne Udeh Martinez commenced as a portfolio strategist at the public sector fund manager this week. Martinez joined Australia ...

Global investment giant to acquire Investa fund

ALEX BURKE  |  MONDAY, 28 MAY 2018
... realise their investment in IOF for significant value and certainty." "The directors of Investa intend, on entry into a scheme implementation agreement, to unanimously recommend that IOF unitholders vote in favour of the proposal, subject to an independent ...

AET appoints new head of corporate trust

HARRISON WORLEY  |  FRIDAY, 18 MAY 2018
IOOF subsidiary Australian Executor Trustees has promoted internally, appointing a senior manager to head up its corporate trust division. Yvonne Kelaher will take the reins as the head of corporate trust at the IOOF subsidiary from next week, having ...

ASIC consults on advice code monitoring bodies

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
... suggested financial advisers be legally bound to share materials with the monitoring body and to comply with the terms of the scheme and any decisions reached as the law does not currently compel financial advisers to comply with the directions of a ...

Adviser disciplinary regime has holes: AFA

JAMIE WILLIAMSON  |  MONDAY, 14 MAY 2018
The Association of Financial Advisers concedes the existing disciplinary regime for financial advisers is largely ineffective due to a lack of communication between responsible parties. In its response submission to the Royal Commission the AFA said ...

MGP to expand super solutions, director resigns

KARREN VERGARA  |  THURSDAY, 10 MAY 2018
... from the board due to personal circumstances. Hutchison has been the chief executive of Energy Industries Superannuation Scheme (EISS) since 2012. He joined MGP in 2016, tasked with chairing the audit, risk and compliance committee. Executive chair Don ...