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Showing 1121 - 1130 of 6146 results for "Money"

Chief economist update: Local and foreign love affair with Australian property

BENJAMIN ONG  |  WEDNESDAY, 30 JUN 2021
... residential properties in 2019-20. Still, the total $55.9 billion spent on buying up Australian real estate adds to the flood of money that's sending property prices sky high. The US led foreign property buyers with A$13.1 billion worth, accounting ...

ASIC cancels BBY licence

KANIKA SOOD  |  TUESDAY, 29 JUN 2021
... Advisory and SmarTrader. ASIC previously handed a 10-year ban to a former BBY adviser, who it said traded with client's money without their authorisation and outside of the Statement of Advice.

Saxo Markets names head of asset management

JAMIE WILLIAMSON  |  TUESDAY, 29 JUN 2021
... excited to be leading Saxo's asset management offering in the region. "With more people looking to get more out of their money through exposure to international markets and the rapid emergence of new asset classes, I'm looking forward to championing ...

UK pension funds pushed to merge

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
... direction of travel." "We know from other countries such as Australia that scale is the biggest driver in achieving value for money for savers and ultimately better retirement outcomes. "Further consolidation will drive better outcomes for members through ...

ASIC removes Societe Generale restrictions

ANNABELLE DICKSON  |  FRIDAY, 25 JUN 2021
The corporate regulator has removed AFS licence conditions imposed on the French bank after it breached client money obligations. As per the licence conditions, Societe Generale appointed an independent expert to assess and test the adequacy and effectiveness ...

Pandemic delays retirement plans

KARREN VERGARA  |  THURSDAY, 24 JUN 2021
... expenses since the pandemic hit. More than half of participants (54%) plan to work part-time to top up their retirement money; those retiring over the next five years (69%) would seriously consider doing so. IALC executive director Jim Poolman said the ...

Channel Capital adds Cayman director

KANIKA SOOD  |  THURSDAY, 24 JUN 2021
... and other offshore financial centres. It will also ensure ongoing compliance with regulatory obligations including anti-money laundering and tax transparency, the firm said. It says the Cayman Islands is the most popular jurisdiction for hedge, private ...

AUSTRAC to face scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 24 JUN 2021
... was approved yesterday. O'Neill wants the government to look into what she refers to as the failures of Australia's anti-money laundering and counter-terrorism financing regime. She wants to understand whether Australia is particularly attractive to ...

Family offices should supplement super

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... from their superannuation fund, and any additional funds required can be drawn from their investment company. Because the money has been loaned to the company, the funds drawn out each year can be taken tax-free and applied against the loan account," ...

Court orders new group definition in CBA advice class action

KANIKA SOOD  |  WEDNESDAY, 23 JUN 2021
... join the trustees of their superannuation funds. But instead, I will require them to undertake that if they receive any money award referable to the excess premiums paid by their trustees that they will disgorge any such amount to their trustees to restore ...