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Showing 1481 - 1490 of 3210 results for "Scheme"

What the 2018 Budget means for you

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... Government starts to trim their pension payments. Further, about $11 million will be used to expand the Pensions Loans Scheme that allows everyone over the Age Pension age to borrow money against the equity of their house. Although not acknowledged in ...

Budget 2018: Social media reaction

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... partner Robert Samuel supported additional ASIC funding. Credit where credit is due. The expansion of the pension loan scheme is a good idea and should be supported. The Australia Institute advocated for it back in 2014 and we're pleased to government ...

Baby boomers receive $259 million, pension work bonus lifted

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... savings," the Government said in its Budget expense sheets. Another $11 million will be used to expand the Pensions Loans Scheme that allows everyone over the age pension age to borrow against the equity of their house. All three measures don't commence ...

Royal Commission sees increased ASIC, APRA funding

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... Complaints Authority (AFCA) will receive $1.7 million in 2018-19 to support the establishment of the external dispute resolution scheme. The Association of Superannuation Funds of Australia (ASFA) suggested the July 2018 start date for AFCA may not be ...

S&P reaffirms Sirtex after new offer from Chinese manager

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... will become a binding one, Sirtex nonetheless successfully petitioned the court to seek an adjournment of the original scheme meeting, which was to take place on May 7. At this stage, Sirtex's board said Varian's offer remains "in the best interests ...

Former NAB subsidiary flags merger with Virgin Money

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... CYBG was demerged from NAB in early 2016 after shareholders voted overwhelmingly in favour of a UK exit. At the bank's scheme meeting in Melbourne, NAB chair Ken Henry explained the demerger would be structured with a new holding company, CYBG PLC, taking ...

Industry wants one-stop-shop professional body: Poll

KARREN VERGARA  |  MONDAY, 7 MAY 2018
... in April 2017. In October 2017, the AFA added to the constitution its plans to move toward becoming a "code monitoring scheme." Last month, more than 1700 FPA members called for the Financial Adviser Standards and Ethics Authority (FASEA) to take a more ...

ASIC tightens grip on ICO issuers

KANIKA SOOD  |  WEDNESDAY, 2 MAY 2018
... statements in its white paper. In addition to this, the unnamed ICO offer was set up as an unregulated managed investment scheme that breached provision of provisions of the Corporations Act. The ICO offeror would have copped serious penalties under ...

Government names AFCA board members

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
Four industry figures, including a prominent Sydney financial planner, have been appointed to the board of the Australian Financial Complaints Authority (AFCA). The new members are Claire Mackay, Andrew Fairley, Erin Turner and Alan Wein. They join ...

Nick Bolton back on ASIC radar

ALEX BURKE  |  MONDAY, 30 APR 2018
... been disqualified under s 206F when ASIC made the decision." Ultimately, Forgie said it would "undermine the regulatory scheme if Sebastian, however aggrieved by the disqualification and however wronged, could be allowed to ignore such an order without ...