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Showing 231 - 240 of 313 results for "S Scheme"

Gunns freezes MIS offerings

RUTH LIEW  |  WEDNESDAY, 5 MAY 2010
Gunns Limited, which owns the Responsible Entity of several Great Southern schemes, flagged it will not be making any MIS offers this financial year. Gunns Limited owns Gunns Plantations - the responsible entity for the 1998 - 2006 Great Southern pulpwood ...

Government annuities proposal draws industry fire

RUTH LIEW  |  FRIDAY, 9 APR 2010
Compulsory government annuities could widen the gap between the retirement payouts of low and high income workers, and some industry experts argue private sector annuities and longevity risk products offer better alternatives. IFSA, which commissioned ...

Senate showdown looms on Clearing House legislation

ALEX DUNNIN  |  FRIDAY, 12 MAR 2010
Coalition calls for major amendments to the Government's legislation to authorise the Medicare monopoly on Approved Superannuation Clearing Houses is setting up another Senate showdown."The Coalition needs to indicate today that they will allow this ...

RFM to bring cashflow back to Great Southern MIS

RUTH LIEW  |  MONDAY, 1 MAR 2010
Breaking out from the usual tradition of failed managed investment schemes being wound up, the newly-appointed responsible entity of two Great Southern almond schemes are giving investors another option that could get them more of their capital back. ...

ASIC cancels Hedge Securities licence

ASIC RELEASE  |  THURSDAY, 18 FEB 2010
No answers to phone calls, no longer in operation - ASIC has cancelled Hedge Securities and Investments's Australian financial services licence after finding the company had ceased to carry on a financial services business. ASIC found that Hedge Securities ...

ComSuper faces executive and admin reforms

RUTH LIEW  |  MONDAY, 30 NOV 2009
Government superannuation schemes have not escaped ongoing governance reviews, with the schemes' administrator ComSuper mandated to outsource some of its work to cut taxpayer bill and the 'Commissioner for Superannuation' role dropped in favour of a ...

More benefits for Military Super

MEDIA RELEASE  |  TUESDAY, 27 OCT 2009
Military Superannuation and Benefits Scheme members will receive improved death and invalidity benefits following a government initiative to backdate benefits payments in line with recent changes to the compulsory retirement age for ADF members. Greg ...

Mercer wins ANZ Staff Super mandate

RUTH LIEW  |  MONDAY, 7 SEP 2009
The $2 billion ANZ Australian Staff Superannuation Scheme has dropped Russell Employee Benefits for Mercer as its administration provider. In a press statement released today, the fund announced it had selected Mercer to provide administration and member ...

ASIC targets another MIS scheme

ASIC RELEASE  |  THURSDAY, 13 AUG 2009
ASIC has commenced civil proceedings to wind up and appoint a liquidator to Finchley Central Funds Management - the responsible entity of managed investment scheme, Finchley Development Capital Funds. ASIC is seeking orders from the Federal Court of ...

Funds resist SG "me too" pension scheme

MICHELLE BALTAZAR  |  WEDNESDAY, 12 AUG 2009
Majority of pension funds in the UK and Europe said that a contribution rate of 8 per cent on a proposed national pension scheme will not really help workers in the low to middle income groups, a new survey found. The Penrose Financial survey conducted ...