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Showing 1001 - 1010 of 6183 results for "Money"

ASIC considering more action on Sterling collapse

KARREN VERGARA  |  MONDAY, 14 FEB 2022
Corporate regulator ASIC is being urged to take more action with respect to the collapse of the Sterling Income Trust. A senate committee that recently handed down its final report in its inquiry into the collapse of the Sterling Income Trust is urging ...

Rest awards responsible investment mandate

ELIZABETH MCARTHUR  |  MONDAY, 14 FEB 2022
... retirement outcome. With Sustainable Growth, our aim is to provide our younger cohort of members with more choice in how their money is invested, while also delivering a high-performing growth option that outperforms both peers and the benchmark over ...

Scammers prey on lonely hearts

ELIZABETH MCARTHUR  |  MONDAY, 14 FEB 2022
... quickly, to try to influence victims. The scammer will then come up with elaborate stories asking the intended target to send money, gifts, or financial information. The scammer might ask for the victim to take out a loan, take money out of their superannuation ...

Advisers can step up to retirement planning boom

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
... therefore their own financial reality. "That's often very hard to do. It's a major challenge to work out how long your money will last, and how much you can afford to spend," he said. Vanguard head of distribution Matthew Lumsden said: "Insights ...

Hostplus hits members with new fee

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
... sanctions out of their own pockets. The changes partly came about in response to the Royal Commission hearing IOOF used member money to pay fines. Hostplus said it consulted with PwC to develop a fair and appropriate methodology to charge the fee so ...

PE Capital in liquidation

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
... and unregistered managed investment schemes, believing that such products are insolvent. From 2015, PE Capital used the money raised via the MISs to fund eight mixed-use commercial and residential projects in Victoria. This was conducted via misleading ...

Foundation rolls out financial literacy program for students

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
Ecstra Foundation has launched a financial education program for schools, to help Australian students learn key money lessons early on. Ecstra's 'Talk Money' program is available for students from years five to 10, offering classroom workshops delivered ...

LGIA upgrades anti-money laundering tech

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
Newly merged super fund, the $24 billion LGIAsuper, has selected a technology partner to provide anti-money laundering services. The fund chose Napier's Transaction Monitoring and Client Screening tools as part of an upgrade of its anti-money laundering ...

Magellan shuns turnaround companies

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
... which would you own?" "[Think] about the business and how much conviction you have that you're not going to lose your money; it's 100% safe, you're pretty confident you are going to get a very high rate of return or satisfactory rate of return ...

Vanguard move a win for SSGA, BlackRock

JAMIE WILLIAMSON  |  FRIDAY, 4 FEB 2022
... mandate is shared with Dimensional. Meanwhile, First Sentier Realindex scored a mandate from Cbus and Harris Associates saw money from AustralianSuper. "These super funds are amongst the biggest, best performing and lowest cost super funds in Australia. ...