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Showing 731 - 740 of 3206 results for "Scheme"

Class chief exits following takeover

KARREN VERGARA  |  TUESDAY, 8 FEB 2022
... further growth and development under HUB24. The Supreme Court of New South Wales approved HUB24's takeover of Class via a scheme of arrangement on February 4. HUB24 initially offered 10 cents per share to acquire Class but increased it to 12.5 cents ...

Members lean on super for financial hardships

KARREN VERGARA  |  TUESDAY, 1 FEB 2022
... of financial hardship spiked in June 2020, thanks to government incentives such as the Early Release of Superannuation Scheme, reaching $826 million. The following financial year, some $658 million was released based on financial hardship. Meeting the ...

Inquiry criticises gaps in CSLR

KARREN VERGARA  |  MONDAY, 31 JAN 2022
The proposed Compensation Scheme of Last Resort regime has several flaws that will overlook the protection of certain investors, a parliamentary inquiry heard. In discussing the Standing Committee on Economics Financial Services Compensation Scheme ...

More work needed to end financial abuse

ELIZABETH MCARTHUR  |  MONDAY, 17 JAN 2022
... impact of coercive control in a violent relationship was starkly demonstrated in 2020 in the early release of superannuation scheme, with many women being coerced into accessing their super or having it fraudulently accessed by their domestic partner." ...

Praemium reports key milestone achievement for 2021

CHLOE WALKER  |  MONDAY, 17 JAN 2022
... Key milestones from the quarterly report include inflows of $1.25 billion,including $690 million into the Praemium SMA scheme,, as well as annual inflows of $4.9 billion in calendar year 2021 - 87% higher than the previous year. The Australian and international ...

PIMCO lowers GDP growth rate

KARREN VERGARA  |  THURSDAY, 13 JAN 2022
Australia, together with other rich countries, can expect economic activity to slow down in 2022 as coronavirus outbreaks continue to put a spanner in the works. Fund manager PIMCO has downgraded its developed markets outlook for countries that also ...

IFM Investors PE portfolio carbon neutral

CHLOE WALKER  |  TUESDAY, 11 JAN 2022
... and beneficiaries." IFM Private Equity's portfolio companies include Australia's largest National Disability Insurance Scheme (NDIS) My Plan Manager (MPM), Payapps, a Melbourne-based, global Software as a Service (SaaS) provider in the construction and ...

Smart default fund to boost retirement incomes

CHLOE WALKER  |  MONDAY, 10 JAN 2022
A former Commonwealth Superannuation Scheme and APRA executive has developed a 'smart default' fund which he claims could boost retirement balances by more than 35%. Douglas Bucknell, founder and chief executive of Tailored Superannuation Solutions ...

WAM to acquire two LICs

KARREN VERGARA  |  THURSDAY, 23 DEC 2021
... transactions. WAM is proposing to acquire 100% of the shares in Westoz and Ozgrowth that it does not currently own through a scheme of arrangement with each LIC. The transaction will cost WAM about $271.5 million to acquire $301.2 million of underlying ...

Shoddy exam feedback fuels adviser stress

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
... Kerr, the chief operating officer, was paid $465,886 for FY21; $127,386 of this is her severance package. In the grand scheme of things, FASEA has fulfilled its mandate as nine out of 10 advisers have passed the exam regardless of number of sittings. ...