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Showing 1831 - 1840 of 3211 results for "Scheme"

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... to control their own affairs without too much probing from the regulator, but in return there is to be no compensation scheme if things do turn sour. Where SMSFs have been getting unwanted attention is the scrutiny of the amount of tax they pay. The ...

Court approves Great Southern settlement

AAP  |  FRIDAY, 12 DEC 2014
A $23.5 million settlement of a class action related to loans to investors hit by the billion dollar collapse of agribusiness Great Southern has won court approval. The agricultural projects manager, which raised $1.8 billion and managed 45 investment ...

Australian Ethical backs NAB Climate Bond

HARRY PAGE  |  THURSDAY, 11 DEC 2014
... Climate Bond is the first bank-issued bond in Australia to meet the criteria of the International Standards and Certification Scheme. "Investors can be confident in both the financial and environmental credentials of the NAB Climate Bond. Its ethical ...

Court approves Premium Income Fund settlement

LAURA MILLAN  |  WEDNESDAY, 10 DEC 2014
... funder of the class action. It has funded Wellington Capital and individual unit holders. PIF was a managed investment scheme that experienced a significant loss of assets, from $966 million in December 2007 to $253 million mid-2010. On April 2009, a ...

FSI report favours longevity pooling

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
The Financial System Inquiry final report has recommended superannuation funds make more use of longevity pooling in their retirement products. The report recommended that super funds offer a quasi-default 'comprehensive income product for retirement' ...

Industry braces for majority independent directors

JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
Superannuation fund boards should comprise a majority of independent directors including an independent chair, David Murray has recommended in the Financial System Inquiry final report. If the government implements this recommendation, it would represent ...

Financial System Inquiry recommendations wrap

STAFF WRITER  |  SUNDAY, 7 DEC 2014
... Rename 'general advice' and require advisers and mortgage brokers to disclose ownership structures. Managed investment scheme regulation: Support Government's review of the Corporations and Markets Advisory Committee's recommendations on managed investment ...

NAB launches Australia's first certified climate bond

ALICE URIBE  |  THURSDAY, 4 DEC 2014
... 730,000 average Australian households for one year the bank said. The Climate Bond International Standards and Certification Scheme was launched in November 2011 by the Climate Bonds Initiative and addresses eligible investments, traceability of funds ...

Premium Investor Visa too short-term

MARK SMITH  |  THURSDAY, 4 DEC 2014
... encourage more high net worth individuals to pump money into the economy. New said the existing Significant Investor Visa scheme showed that linking foreign funds with visas is not necessarily the gold mine often portrayed. "Fund managers are finding ...

SMSF court case highlights penalty uncertainties

LAURA MILLAN  |  WEDNESDAY, 3 DEC 2014
... same time, the penalty should serve as a deterrent and mark the Court's acceptance of the need to enforce the regulatory scheme," justice Buchanan J said, acknowledging that the trustees showed remorse, made "early admissions" and cooperated to solve ...