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Showing 761 - 770 of 3206 results for "Scheme"

Australia Post Super Scheme cuts premiums by 10%

ELIZABETH MCARTHUR  |  THURSDAY, 4 NOV 2021
Some members of Australia Post Super Scheme (APSS) will enjoy reduced insurance premiums as the fund makes several alterations. The $8 billion APSS informed members that there will be a few changes to investments, strategic asset allocations and group ...

ASIC sues timeshare company

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... between October 2017 to March 2019 the advice was provided by authorised representatives promoting the Ultiqa Lifestyle Scheme did not meet consumers' best interests and circumstances. ASIC claims that some consumers did not seek advice regarding ...

Major legislations hit parliament

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
Two major pieces of legislation have been introduced in parliament, including the Compensation Scheme of Last Resort. The scheme facilitates the reimbursement of up to $150,000 to compensate consumers affected by bad personal advice, credit intermediation ...

Sunsuper, QSuper merger legislation passes

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
... that will see the merger of Sunsuper and QSuper through was passed this week. The Superannuation (State Public Sector) (Scheme Amendment) Bill 2021 was passed by the Queensland Parliament on October 26, enabling the merger. The bill saw a relatively ...

$450 super threshold to be scrapped

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
... maximum amount of voluntary contributions that people are able to release from their super under the First Home Super Saver Scheme will increase from $30,000 to $50,000, empowering more Australians to save effectively for their first home deposit. The ...

Unpaid super tops $5bn per year: ISA

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
... Younger workers were also the cohort most likely to withdraw from their accounts under the Early Release of Superannuation scheme last year, with 82% of those who did being under 35 years of age. About 1.7 million men and 1.3 million women have been ...

Fidelity moves on net zero

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
Fidelity International launched a climate investing policy with a rating scheme in a bid to halve its carbon emissions by 2030. The policy includes the introduction of Climate Ratings which assess the net zero targets and alignment of investments. They ...

Green office buildings command 18% premium

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
... Knight Frank, which found office buildings in Sydney and Melbourne with a National Australian Built Environment Rating Scheme (NABERS) energy rating of up to 4.5 stars benefit from an 8% premium on sales price compared to unrated buildings. Meanwhile ...

End of the road for Dollarmites

KARREN VERGARA  |  MONDAY, 25 OCT 2021
Commonwealth Bank has ditched its 90-year-old Dollarmites program after the state governments' banning of school banking schemes. The New South Wales government is the latest to jump on board and ban bank-run marketing schemes in classrooms after ...

Sally Loane resigns as FSC chief

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
... initiating life insurance's Trowbridge Review, developing the life Codes, and advocating for a sensible Compensation Scheme of Last Resort," she said. "I have enjoyed working collaboratively with industry organisations here and overseas, regulators ...