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Showing 1131 - 1140 of 6146 results for "Money"

Franklin Templeton shutters fund

KANIKA SOOD  |  MONDAY, 21 JUN 2021
... winding up its retail Australian Equity Fund, as asset growth lags. The fund was terminated on June 16, with returns of money to investors expected by July 31. "FTIA have determined that based on the current low level of funds under management and the ...

Catholic, Equip SFT to see Fairley exit

JAMIE WILLIAMSON  |  FRIDAY, 18 JUN 2021
... of underperformance is pretty condemnatory of your stewardship of the fund. "If I got that letter, I'd be moving my money the next day. In fact, I probably wouldn't leave it until the next day - I'd be moving it that day." While he's ...

ASIC takes on NAB for fee-for-no service breaches

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
... contraventions. NAB went on to continue charging customers after May 2018. Archibald criticised NAB's two remediation programs. "Money is not necessarily enough to make good or whole the harm to the customers," he said. He argued that NAB's remediation ...

Goodments by Douugh now in Australia

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
... capabilities. "Young people realise buying property is becoming increasingly difficult, so they are turning to shares to make their money work harder and save to secure their futures," Douugh founder and chief executive Andy Taylor said. The Goodments ...

James Mawhinney files appeal

ELIZABETH MCARTHUR  |  TUESDAY, 15 JUN 2021
... Media Code of Conduct." Mawhinney maintains that he is working "around the clock" to get investors in Mayfair products their money back. He argues that it is ASIC and the court that are stymieing progress to refund investors. However, no evidence of ...

Aware Super awards $30bn mandate

ELIZABETH MCARTHUR  |  FRIDAY, 11 JUN 2021
... environmental, social and governance (ESG) credentials that are very aligned to our own. Their proposal offered compelling value for money for our members and the ability to leverage scale to support our aim to provide our members with strong, sustainable ...

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG  |  FRIDAY, 11 JUN 2021
... are washed out of the stats? Recent indications are that continued monetary and fiscal policy largesse would put a lotta money in Americans' pockets, in addition to the higher wages they'll get to get off the higher pay offered by Uncle Sam (if ...

ASIC bans adviser over $5m fraud

ELIZABETH MCARTHUR  |  TUESDAY, 8 JUN 2021
... Wealth financial adviser Gavin Fineff, after he was charged with misappropriating between $3.3 and $5 million of client money. On May 7, Fineff was arrested and charged by New South Wales Police with 18 offences of dishonestly obtaining financial advantage ...

Aussies lose $328m to investment scams

KARREN VERGARA  |  MONDAY, 7 JUN 2021
... main scam categories, often involving the impersonation of government agencies to obtain personal information or demand money.

AUSTRAC investigates NAB, JBWere

KARREN VERGARA  |  MONDAY, 7 JUN 2021
National Australia Bank and its subsidiaries, including JBWere, are allegedly failing their anti-money laundering and counter-terrorism financing obligations, according to AUSTRAC. The financial intelligence agency is investigating NAB's "potential ...