Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 3201 results for "Scheme"

HESTA taps ESSSuper head as next chief executive

RIDDHIMA TALWANI  |  WEDNESDAY, 15 APR 2026
... "As a leader attracted to purpose driven roles, the chance to support ESSSuper's members to make the most of their unique scheme and enjoy the best retirement possible, after a lifetime of service to the Victorian community, has been meaningful and rewarding." ...

Insignia Financial shareholders approve takeover

ELIZA BAVIN  |  TUESDAY, 14 APR 2026
... majority of 98.65%. Insignia chair Allan Griffiths said he is pleased with the strong level of shareholder support for the Scheme of Arrangement. "The board's focus throughout this process has been to ensure shareholders had the information they needed ...

UK's Nest to invest $860m in private companies

JAMIE WILLIAMSON  |  TUESDAY, 14 APR 2026
The UK's largest pension scheme by members has selected a manager to oversee a significant new open-ended mandate. Crescent Capital Group will manage a direct lending mandate for Nest to the tune of $858.5 million (£450m). The money is to be deployed ...

ASIC acts against another former FSGA adviser

JAMIE WILLIAMSON  |  MONDAY, 13 APR 2026
An adviser that ASIC said was experienced enough to know better than to advise clients to invest in Shield and First Guardian has been banned for five years. Shane Monte Silva failed to act in certain clients' best interests when he told them to switch ...

ASIC hands down 10-year adviser ban

ELIZA BAVIN  |  THURSDAY, 9 APR 2026
ASIC has banned Benjamin Godfrey, the former director and responsible manager of ISG Financial Services Limited (ISG). ASIC suspended ISG's AFSL in July 2022 after it found it failed to meet statutory audit and financial reporting lodgement obligations. ...

Former Venture Egg adviser permanently banned

JAMIE WILLIAMSON  |  THURSDAY, 9 APR 2026
A financial adviser who allowed others to provide Statements of Advice (SOAs) in his name and was actively involved in the dodgy referral processes that led to significant client losses due to the Shield and First Guardian collapses is now banned. Aristotle ...

Super Consumers Australia raises concerns over Treasury reforms

RIDDHIMA TALWANI  |  THURSDAY, 9 APR 2026
... and those that will harm victims. It raised concerns over the proposal to remove the 'but for test' from the Compensation Scheme of the Last Resort (CSLR), calling it 'deeply unfair'. Treasury proposed a series of reforms yesterday to curb dubious lead ...

Treasury proposes lead generator, super switching reforms

KARREN VERGARA  |  WEDNESDAY, 8 APR 2026
... enhancing member protections in the superannuation system consultations are carried out in lockstep with the Compensation Scheme of Last Resort (CSLR) consultation. Feedback from stakeholders for all three consultations is due on May 22. The collapses ...

Treasury opens CSLR funding, sustainability consultation

KARREN VERGARA  |  WEDNESDAY, 8 APR 2026
Treasury has opened its long-awaited consultation on the sustainability of the Compensation Scheme of Last Resort (CSLR) and the best way for the industry to fund it. Minister for financial services Daniel Mulino is seeking options on how the CSLR can ...

Dimon warns private credit crisis will hurt retail investors most

KARREN VERGARA  |  TUESDAY, 7 APR 2026
... trillion. And the total market value of all residential mortgage securities and loans is also US$13 trillion. In the great scheme of things, private credit probably does not present a systemic risk," he wrote. Dimon pointed out it will be retail investors ...