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

Search Results

Showing 531 - 540 of 3206 results for "Scheme"

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  MONDAY, 17 JUL 2023
... form part of remuneration - then it follows logically that the Commonwealth should make SG contributions under its PPL scheme," Elkins said. "We renew our call for the government to include SG contributions in PPL in future budgets."

UK pensions tapped to strengthen local startups

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... Hunt said the government will lead by example and consult on accelerating the consolidation of Local Government Pension Scheme (LGPS) assets, with a deadline of March 2025 for all LGPS funds to transfer their assets into local government pension pools ...

Commonwealth Super Corp appoints chief customer officer

JAMIE WILLIAMSON  |  MONDAY, 10 JUL 2023
... six of which have been in service to our CSC customers." Nettheim has been with CSC since 2017 when he joined as head of scheme operations. Previously, he worked in member services for QSuper for over a decade, including in leadership roles. He's also ...

Asset managers dismiss liquidity risks: FCA

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... authorised fund can be structured as an authorised unit trust, open-ended investment company, or authorised contractual scheme. The regulator did not detail the asset class the funds invest in. Interestingly, it did not examine property funds. While ...

Super funds embrace offshore investment, internal teams

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
... spell an end to the home bias. The report acknowledged tax considerations, such as Australia's local franking credits scheme, mean that home bias is unlikely to disappear completely. "You've got double taxation and have to reclaim withholding ...

CSLR finally passes senate

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
The long-awaited Compensation Scheme of Last Resort (CSLR) has been enshrined in legislation, with consumer advocates calling it a "historic moment" for Australians. Passing the senate on June 22, the Treasury Laws Amendment (Financial Services Compensation ...

NAB progresses closure of custody arm

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
... It also looks after Brighter Super, Mason Stevens, Northern Territory Government and Public Authorities Superannuation Scheme, Prime Super, REI Super, Spirit Super and the University of Sydney. It also looked after Maritime Super and Statewide Super ...

Director banned for eight years

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
The director of investment manager Foxi Capital has been banned from providing financial services for eight years after it was found he lacked relevant qualifications and experience, and misled investors. Foxi Capital director and Responsible Entity ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
The federal government will scrap a load of administrative burdens and give superannuation funds a larger role in making financial advice more affordable as it announces which out of the 22 Quality of Advice Review recommendations will become a reality ...

Perth-based Ponzi scheme shut down by court

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2023
... woman has been permanently banned from running a financial services business, while the $11 million illegal investment scheme she ran will be wound up. Monica Kaur, through her business MKS Property Investments/Developments, encouraged around 300 investors ...