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Showing 171 - 180 of 3204 results for "Scheme"

Receivers appointed to two Australian Fiduciaries entities

JAMIE WILLIAMSON  |  WEDNESDAY, 10 SEP 2025
Receivers have been appointed to two related entities of Australian Fiduciaries following a Federal Court hearing this week. About $167 million is tied up currently, belonging to about 600 investors who placed their retirement savings in the Global ...

Super funds break records, inactive accounts balloon

KARREN VERGARA  |  WEDNESDAY, 10 SEP 2025
... fifth place with $133.4 billion assets and nearly 1.9 million members. Government funds - the Public Sector Superannuation Scheme and Military Superannuation & Benefits Fund No 1 - have the highest median account balance of $545,808 and $525,461 respectively. ...

Coalition's super for housing policy 'unlikely to continue': Bragg

ELIZA BAVIN  |  WEDNESDAY, 10 SEP 2025
... our policy," Bragg said in an interview on Sky News. In addition, Bragg said he opposes the government's build-to-rent scheme that is currently before parliament, calling it "perverse". "We think it's a bad idea to hand over the dream of Australian ...

Perth man found guilty of $34m fraud

ELIZA BAVIN  |  MONDAY, 8 SEP 2025
... those proceedings, the Federal Court had, on 7 December 2020 ordered the winding up of the unregistered managed investment scheme operated by Marco and AMS Holdings. The court also ordered that Marco be permanently restrained from carrying on a financial ...

Allow couples tax-free super splitting: Hume

JAMIE WILLIAMSON  |  FRIDAY, 5 SEP 2025
A bill that would allow couples to split their collective superannuation balances evenly between them to improve the gender super gap was tabled in Parliament yesterday. The Superannuation Legislation Amendment (Tackling the Gender Super Gap) Bill 2025 ...

ASIC lands special leave against Block Earner

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... Abraham and Button overturned that ruling. They determined that Earner was neither a financial product, managed investment scheme, or derivative under definitions of the Corporations Act. The grant of special leave is conditional upon ASIC agreeing to ...

FAAA calls for other sectors to help pay $67m CSLR bill

ELIZA BAVIN  |  WEDNESDAY, 3 SEP 2025
In its submission to the Treasury consultation on the Compensation Scheme of Last Resort (CSLR) Special Levy for 2025/26, the Financial Advice Association Australia (FAAA) said financial advisers should not be expected to pay more than the $20 million ...

AXA IM Alts expands affordable housing strategy

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
... built-to-rent affordable housing strategy further. The acquired site will be developed into a roughly 100-unit residential scheme providing a balanced mix of market and affordable rental housing. The development will offer a 50:50 split of market-rate ...

ASIC piles more charges on Merhi

KARREN VERGARA  |  MONDAY, 1 SEP 2025
ASIC has heaped more allegations against former financial adviser Ferras Merhi, claiming he engaged in "unconscionable conduct" related to the First Guardian Master Fund and Shield Master Fund that has put more than $520 million on the line. ASIC said ...

Government scraps inquiry into advice firm failures, Dixon Advisory

JAMIE WILLIAMSON  |  FRIDAY, 29 AUG 2025
... management companies that would have dissected the collapse of firms like Dixon Advisory and the impact on the Compensation Scheme of Last Resort (CSLR). In September 2024, the government referred the inquiry to the Senate Economics References Committee ...