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Showing 41 - 50 of 141 results for %22Commonwealth Superannuation Scheme%22

ATO doubles down on fraud crackdown

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... which appear to be from the ATO." The ATO said serious financial crime affecting the ATO-administered measures of the Commonwealth Coronavirus Economic Response Package has been made a priority for the ATO-led joint-agency Serious Financial Crime Taskforce ...

HESTA asks Retirement Income Review to consider ERS

KANIKA SOOD  |  FRIDAY, 19 JUN 2020
... taper rates be reviewed, superannuation splitting when relationships collapse be improved, superannuation be paid on Commonwealth Paid Parental Leave, unpaid caring roles be recognised, superannuation entitlements be provided to workers who are not classified ...

Public super fund rejigs offering

KANIKA SOOD  |  WEDNESDAY, 17 JUN 2020
... serving employees of the defence force to be with the fund, which is managed and administered by the Commonwealth Superannuation Corporation. The fund does not have insurance. Serving defence personnel use ADF's automatic cover for death and invalidity ...

Commonwealth Super names new chief

ELIZABETH MCARTHUR  |  FRIDAY, 5 JUN 2020
Commonwealth Superannuation Corporation (CSC) has named a new chief executive, hiring a former industry fund chief. Damian Hill, who was chief executive of Rest for 12 years, will now lead the $50 billion government fund. His appointment comes as CSC's ...

FSC calls for SMSF access to infrastructure

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... long-term economic recovery," Loan said. "By implementing the reforms raised in this report, the National Cabinet and Commonwealth Government can get the best bang for the nation's buck and get Australia back up on its feet."

CBA sells 55% of CFS

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAY 2020
Commonwealth Bank is set to offload 55% of Colonial First State to a $335 billion global investment firm. Announced to the ASX this morning, CBA has entered an agreement to sell 55% of CFS to private equity firm KKR. CBA said the transaction implies ...

APRA releases fund-level ERS data

JAMIE WILLIAMSON  |  MONDAY, 11 MAY 2020
... require additional processing, APRA said. The funds that received the lowest number of applications are Commonwealth Superannuation Corporation (8), Fire and Emergency Services Superannuation Fund (11) and Mason Stevens Super (6). APRA deputy chair Helen ...

Is it time to lean on the Future Fund?

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... liabilities. Bulk of people who lose their jobs are across retail, hospitality and accommodation and wouldn't be commonwealth employees," he said. "Even if you run that [debt] through Future Fund and don't have to issue as many bonds, you still ...

Court confirms Storm Financial founders breached duties

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... appropriate to each of the 11 investors in question". Storm collapsed in 2009 after being forced into administration by Commonwealth Bank. The Townsville-based company was about $90 million in debt. In 2010, ASIC's initial case centered around specific ...

Commonwealth Super mulls platform changes

KANIKA SOOD  |  MONDAY, 13 JAN 2020
... benefits. There are five defined benefit schemes under CSC's purview that have active contributors: Commonwealth Superannuation Scheme (CSS), Public Sector Superannuation Scheme, Military Superannuation and Benefits Scheme, and the Defence Force Retirement ...