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Showing 841 - 850 of 3206 results for "Scheme"

Aged care workers depended on ERS: Research

KARREN VERGARA  |  WEDNESDAY, 19 MAY 2021
Aged care employees relied more on the early release of superannuation (ERS) scheme compared to other workers health and community services sectors, research from HESTA reveals. The proportion of HESTA members who work in aged care and childhood education ...

Apex ups ante on Mainstream bidding war

ANNABELLE DICKSON  |  WEDNESDAY, 19 MAY 2021
... increased its bid to $2.56 per share for 100% of Mainstream shares. As such, Mainstream supported the further revised SS&C scheme and terminated discussions with Apex. The directors of Mainstream unanimously recommended shareholders vote in favour of ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... The removal of the $450 income threshold, lower age for downsizer contributions and changes to the First Home Saver Super Scheme were the big changes in the budget. The work test is also proposed to be abolished for those aged between 67 and 64 years ...

ASIC bans Theta managing director

KARREN VERGARA  |  MONDAY, 17 MAY 2021
... commenced civil penalty proceedings against in the Federal Court of Western Australia. SIT is a registered managed investment scheme that invested in property targeting mums and dads. Between 20 May 2016 and 1 May 2018, Marie raised $16,710,669 from ...

ASIC to wind up PE Capital

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
ASIC has taken action to wind up PE Capital Funds Management and its managed investment schemes. The regulator is alleging that PE Capital operated unregistered managed investment schemes including the PE Capital Property Development Fund, PE Capital ...

AMP loses default KiwiSaver mandate

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... review of default KiwiSaver providers has resulted in AMP not being reappointed. New Zealand's default retirement savings scheme KiwiSaver works by having a network of default providers which manage client money in balanced funds. Under an overhaul of ...

ASIC issues warnings on investment scams

ANNABELLE DICKSON  |  FRIDAY, 14 MAY 2021
... person or company encouraging them to open an SMSF and move funds, to undertake independent enquiries to ensure that the scheme is legitimate," the regulator said in a statement. In addition, ASIC has received several reports from consumers who have ...

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... older Australians by abolishing the work test, extending access to downsizer contributions and improving the Pension Loan Scheme. From 1 July 2022, those aged between 67-years-old and 74-years-old will no longer be subject to meeting a work test before ...

No early super release for DV survivors

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... with a deposit of as little as 2%. It's estimated around 125,000 single parents with dependants will be eligible for the scheme - 84% of which are female.

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... longer being required to meet a work test before making voluntary contributions to super from July 2022 and the downsizer scheme being extended to those aged 60 and over. Currently, it is only available to those 65 and over. Changes to the Pension Loan ...