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Showing 61 - 70 of 3226 results for "Scheme"

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 ...

FEATURE: Estate planning | Best laid plans

ELIZA BAVIN  |  WEDNESDAY, 1 APR 2026
... ceiling to ensure the individual doesn't lose government and other entitlements, like National Disability Insurance Scheme funding. For the 2025-26 financial year, the Special Disability Trust (SDT) asset value limit - often referred to as the trust ...

Super funds must protect members, says Kirkland

MATTHEW WAI  |  FRIDAY, 27 MAR 2026
The detriment of Shield and First Guardian Master Funds undermines trust in the superannuation system, ASIC commissioner Alan Kirkland warned, saying trustees must revise their processes to avoid exploitation by super switching schemes. Speaking at ...

Household wealth rises 2.5%

ELIZA BAVIN  |  FRIDAY, 27 MAR 2026
... the increase in housing loan balances." In the December quarter, an expansion of the Australian government's 5% Deposit Scheme was introduced as well as the Help to Buy Scheme. Despite the rise in household wealth, Commonwealth Bank head of Australian ...

GESB chief bows out after 10 years

ELIZABETH FRY  |  THURSDAY, 26 MAR 2026
... success." The leadership transition comes almost a year after GESB bedded down its One Fund strategy, which enabled the scheme to accept contributions from non-government employers. The reform means members can retain their GESB account after leaving ...

Adviser reprimanded over clients' loss of cover

JAMIE WILLIAMSON  |  THURSDAY, 26 MAR 2026
The Financial Services and Credit Panel (FSCP) issued a reprimand to a financial adviser who recommended a client roll their super over to another product, costing them their insurance coverage. The financial adviser was reprimanded this month, after ...