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Showing 1 - 10 of 5636 results for %22Money101%22

Fund managers nervously await 'golden visa' reforms

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... dealing with problems of unsuitable applicants or corruption. "The screening process also deals with individual character and money laundering. Roughly a third of applicants are either knocked back or withdrawn, demonstrating the rigorous screening of ...

First Sentier axes investment units, AUM takes $14bn hit

KARREN VERGARA  |  TUESDAY, 23 APR 2024
... Managers, Igneo Infrastructure Partners, RQI Investors, and Stewart Investors. Last year, FSI lost $12 billion of client money invested across several managed funds. The First Sentier Wholesale Imputation Fund, which took the biggest hit, recorded a ...

Australians need $1.6m for comfortable retirement: Survey

KARREN VERGARA  |  MONDAY, 22 APR 2024
... being able to eat out once a week and travel in Australia in our caravan." For another, comfortable meant "having enough money to take an overseas trip every few years without having to save all the time". While half of participants said they have a ...

State supports move to close super loophole exploited by paedophiles

ANDREW MCKEAN  |  WEDNESDAY, 17 APR 2024
... Carpenter, who started the Super for Survivors campaign, said the successful motion will deter offenders, save the taxpayer money, and provide adequate compensation for victim survivors. "The taxpayer will no longer be relied upon by offenders to indemnify ...

Russell Investments introduces new ESG-focused ETF

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
... replacements made as necessary, or as new opportunities are uncovered. This may include managers that are otherwise closed to new money or not immediately available to Australian investors. RGOS aims to out outperform its benchmark, the MSCI All Country ...

Income inequality elevated, spikes: Oxfam

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... is a "landmark move" but must make it a headline priority. "We don't buy the excuse that 'we can't afford it' - the money is there; it's just not flowing to where it's needed. We urgently need donor governments to step up their contributions ...

Class action building against GEMI Capital

ELIZA BAVIN  |  MONDAY, 15 APR 2024
... investments," the law firm said. "Investors who have suffered any capital or financial loss as a result of entrusting their money to GEMI are encouraged to register with us so that they may be kept informed of developments in the prospective representative ...

Billionaire receives death penalty for embezzlement

KARREN VERGARA  |  FRIDAY, 12 APR 2024
... individuals and ordered leaders of the bank to approve loans for companies in Van Thinh Phat's ecosystem so she can withdraw money from the bank. Lan has 15 days to appeal the decision. Truong Hue Van, the chief executive Van Thinh Phat and niece ...

ASIC challenges court ruling in Finder Wallet crypto case

ANDREW MCKEAN  |  THURSDAY, 11 APR 2024
... Earn. ASIC alleged that the Finder Earn product was a debenture which is essentially an agreement by a company to repay money deposited or lent to it. The regulator claimed that customers deposited money with Finder Wallet on the understanding that their ...

Court approves wind up of Prospero Markets

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
... Australian Federal Police operation that saw several of Prospero's former officers and responsible managers charged with money-laundering offences, linked to the Changjiang Currency Exchange chain. ASIC first sought orders to have Prospero Markets wound ...
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