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Showing 921 - 930 of 3208 results for "Scheme"

ERS a setback for young workers

KARREN VERGARA  |  MONDAY, 25 JAN 2021
... the early release of superannuation have less than $1000 in their nest egg, a new study that details the impact of the scheme shows. The Australian Institute of Superannuation Trustees (AIST) found nearly one million workers under the age of 35 have ...

Family home dominates adviser conversations

KARREN VERGARA  |  MONDAY, 25 JAN 2021
... December 2020 quarter survey found clients continue to query advisers about their eligibility for the downsizer contribution scheme nearly four years since it was introduced. The downsizer contribution, limited to $300,000 or $600,000 for a couple, does ...

NSW pocketed $10bn from ERS

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
More than one million New South Wales residents took advantage of the early release of superannuation scheme, withdrawing $10 billion, new analysis shows. Industry Super Australia looked at the popularity of the ER S scheme across suburbs and found ...

AIA progresses with acquisition

ANNABELLE DICKSON  |  TUESDAY, 19 JAN 2021
... Australia and CommInsure Life has sent a letter to CommInsure policyholders to inform them of the intended transfer by way of a scheme under Part 9 of the Life Insurance Act AIA said the scheme would not affect any policy terms and conditions, or how ...

Crackdown on ERS scams continues

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
... confidence in the security measures the ATO has in place to protect the integrity of the early release of superannuation scheme." The spokesperson added that the ATO's systems were never breached and the incidents were related to things like phishing ...

Platforms start to shake ERS impact

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
... the ERS's end in December 2020 should benefit the institutional platforms like IOOF, who were the most affected by the scheme. In individual platforms, Credit Suisse expects Netwealth to increase its market share from the current 3.8% to 7.5% in the ...

Rice Warner weighs in on Your Future, Your Super

KARREN VERGARA  |  THURSDAY, 14 JAN 2021
Rice Warner has made several recommendations to the Your Future, Your Super package of reforms that the government and superannuation industry should not overlook. Under the new stapling measure, Rice Warner has two areas of concern. The first is that ...

ASIC cancels stockbroker AFSL

ANNABELLE DICKSON  |  WEDNESDAY, 13 JAN 2021
... operate on a limited basis until 7 January 2022 to ensure its clients continue to access an external dispute resolution scheme. In addition, the limited conditions will ensure Halifax continues to have arrangements for compensating retail clients, including ...

Australian banks among most fined

ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
... illegal offshore accounts for more than a decade and that it laundered money as part of an international soccer bribery scheme. Four fines handed to Swedish banks adding up to US$539 million saw the country in fourth place on the most fined list. The ...

SS&C withdraws Link offer

ELIZA BAVIN  |  MONDAY, 4 JAN 2021
... proposal. The SS&C Technology holdings proposal, announced in October 2020, offered $5.65 per share for 100% of Link via a scheme of arrangement, after the original offer of $4.96 was rejected by Link. In an announcement to the ASX, Link said it received ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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