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Showing 1081 - 1090 of 5159 results for "rest"

Unlicensed crypto platforms robbing investors

KARREN VERGARA  |  FRIDAY, 20 AUG 2021
Investors are making significant losses after investing in complex crypto-assets provided by unlicensed platforms, according to ASIC. The corporate regulator said investors trading in financial products such as options and futures are losing large amounts ...

Economic recap: Week to August 13

BENJAMIN ONG  |  MONDAY, 16 AUG 2021
The Delta variant and its seeming immunity to lockdowns and extended lockdowns continue to dominate attention in Australia. Last week, the state of New South Wales (NSW) announced stricter and broader (into regions) of restrictions; the Australian Capital ...

ASIC outlines approach to reforms amid uncertainty

JAMIE WILLIAMSON  |  FRIDAY, 13 AUG 2021
The corporate regulator will allow a period of transition for the several reforms taking effect in the first week of October. From October 1, new laws around adviser reference checking and information sharing requirements will take effect, as will new ...

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
AMP's 57% year-on-year jump in its half-year profit shows positive signs of recovery but it's still a far cry from the company it was four years ago. In the six months to June, the group's underlying net profit after tax hit $181 million ...

How wealthy families protect assets no matter what

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 AUG 2021
The wealthiest families in the world have mastered the art of asset protection through generations, even in the face of unpredictable and unprecedented events like the current pandemic. This was the consensus during a recent panel discussion on integrated ...

ROAR launches interactive SOA tool

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
Financial planning technology firm ROAR Software has launched a Statement of Advice solution that comes with a human avatar. DynamicDocs, launched in partnership with customer engagement video software platform HumanableCX, converts Word-based SOAs ...

BT Panorama down for a week

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
BT's $169 billion platform, the largest in the country, was down all last week - leaving advisers frustrated and clients unable to move money. Disruption to BT Panorama started on Monday August 2 and full service was not restored until Sunday August ...

Vanguard incentivises staff to get the jab

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
Vanguard is offering its US staff US$1000 ($1300) to get vaccinated against COVID-19. A spokesperson said the fund manager has no plans to roll out the incentive for its Australian workers as yet. "While Vanguard strongly encourages staff to get a COVID-19 ...

Investors lose in viral stock picks

ELIZABETH MCARTHUR  |  THURSDAY, 5 AUG 2021
According to new analysis, stock picks which became popular on Facebook, Reddit and Twitter were almost guaranteed to see investors lose money. OpenMarkets Group (OMG) looked at trending stocks across Facebook, Reddit and Twitter - particularly those ...

Rest closes basic cash option

KANIKA SOOD  |  WEDNESDAY, 4 AUG 2021
... the one-month Australian Bank Bill rate before tax and before fees over rolling one-year periods. In a notice to members, Rest said it expected the option's returns to remain low or even negative after fees, costs and taxes. It will switch members ...