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Showing 1051 - 1060 of 3999 results for "Personal"

AMP sued for charging dead clients

JAMIE WILLIAMSON  |  THURSDAY, 27 MAY 2021
... ASIC added that AMP and its subsidiaries had no reasonable grounds for believing they could supply life insurance or personal advice to the members in question "at any time or at all". "The deceased member had died. There was no longer any life to insure... ...

UniSuper names next chief executive

KANIKA SOOD  |  WEDNESDAY, 26 MAY 2021
The $95 billion superannuation fund has picked an external candidate to replace outgoing chief executive Kevin O'Sullivan. Peter Chun will replace O'Sullivan, who earlier this year announced his retirement after eight years in the role. Chun ...

Rich investors not worried about low rates: Citi

KANIKA SOOD  |  WEDNESDAY, 26 MAY 2021
... House of Brand for Citi Australia. The participants had minimum $250,000 in investible assets (excluding property), or personal income of $250,000 or above for at least two years, or $2.5 million in total assets where property equity was included. It ...

Former adviser jailed for six years

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... million of his clients' money without their knowledge to fund holidays, pay rent and credit card debts, and repay personal loans. ASIC's investigation into Hopkins commenced in 2019 in response to allegations that QWL had failed to assist the ...

Poor financial literacy failing young workers

KARREN VERGARA  |  TUESDAY, 25 MAY 2021
... workers aged between 16 and 24. Almost half of the respondents said they did not receive formal education in the areas of personal finance at school. The same number do not know how to calculate interest on investments. One in four young workers do not ...

Advisers report burnout, breaking point: Research

KARREN VERGARA  |  TUESDAY, 25 MAY 2021
High levels of stress and anxiety are tempting 42% of financial advisers to exit the industry, as reports of burnout underscore the toll their work is taking on their physical and mental health, new research suggests. The inaugural Wellbeing of Financial ...

What Gen Z think about investing

ELIZABETH MCARTHUR  |  TUESDAY, 25 MAY 2021
... of Gen X and 26% of baby boomers were also held back from investing due to a perceived lack of funds. Vanguard head of Personal Investor Balaji Gopal said the report highlighted that people are misinformed about how much money they need to start investing ...

Victoria Devine launches investing platform

ELIZABETH MCARTHUR  |  MONDAY, 24 MAY 2021
Financial adviser and personal finance influencer Victoria Devine is launching a She's on the Money branded investment platform, powered by robo-adviser Six Park. With a minimum investment of $5000, fans of She's on the Money (which has a social media ...

Platform cuts fees

ELIZABETH MCARTHUR  |  MONDAY, 24 MAY 2021
A specialist managed accounts platform has cut the administration fee on its superannuation offering. Wealth02 lowered the admin fee on its Super Simplifier by 3.3 basis points, capping fees at $1760 per member or $3630 across six family members. The ...

Former van Eyk chief charged

JAMIE WILLIAMSON  |  FRIDAY, 21 MAY 2021
... executive of failed van Eyk Research has been charged with four counts of dishonestly using his position within the firm for personal advantage. Mark Thomas appeared in Downing Centre Local Court earlier this week, facing several allegations from ASIC. ...