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Showing 351 - 360 of 3205 results for "Scheme"

Super for housing to exacerbate affordability crisis: Eslake

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... growth in the supply of housing falls short of the growth in the underlying demand for housing," he said. "In practice, the scheme proposed by the Liberal and National Parties would be of little benefit to people in the 'traditional' first-home ...

Super to be paid on parental leave from July 2025

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
... leave entitlements passed parliament this morning. Parents receiving payments from the Commonwealth Paid Parental Leave scheme will begin receiving Superannuation Guarantee contributions from 1 July 2025, with the bill passing through the Senate this ...

Hanson backs Dixon Advisory inquiry

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024
... - a scandal involving hundreds of millions in client losses - and to ensure it is not repeated." Under the Compensation Scheme of Last Resort (CSLR), the FAAA estimates the advice sector will foot a $135 million bill to compensate victims of Dixon Advisory. ...

AMP BOLR litigants face lengthy payout process

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... approx. $100,000, however the reality is this figure is significantly reduced based on the proposed settlement distribution scheme. Personally, my BOLR shortfall is approximately $1.6 million (excluding GST) [and] I do not believe the prospect of settling ...

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... Regal Partners. Platinum said it received the unsolicited proposal from Regal to acquire all the shares in Platinum via a scheme of arrangement. Under the offer, Platinum shareholders would receive 0.27 Regal shares per Platinum share. At the close yesterday ...

FAAA ramps up Dixon inquiry campaign

JAMIE WILLIAMSON  |  THURSDAY, 12 SEP 2024
... of parliament to support a public inquiry into the collapse of Dixon Advisory and the flow-on effect on the Compensation Scheme of Last Resort (CSLR). The FAAA has written to every federal member of parliament asking for their support in calling for ...

Coalition's super on parental leave changes spark concerns

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... parents can opt for a one-off payment equivalent to the value of their super entitlement, estimated at $2900 in 2025 when the scheme reaches 24 weeks, rising to $3140 in 2026 as it extends to 26 weeks. The statement said individuals will be entitled ...

Aussie super funds climb ranks, government funds slide

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
Seventeen of Australia's superannuation and pension funds now rank in the top 300 worldwide by assets, including one new entrant. However, it's not all good news for the government funds that made the cut. That's according to the latest ...

ASIC issues warning over shoddy DDO practices

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
... still fit the target market..." the report reads. Citing better practices among issuers, ASIC said one managed investment scheme operator monitored funds under management and flow reporting to detect unusual activity and material deviations in actual ...

APRA alleges First Super co-chair breached director duties

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2024
... more than 30 years. O'Connor was also on the board of First Super's predecessor, Timber Industry Superannuation Scheme (TISS), from 2006. In July 2008, First Super, TISS, and Pulp and Paper Workers Superannuation Fund (PPWSF) merged to create ...