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Showing 1151 - 1160 of 6146 results for "Money"

Future Fund to hire 70 for investment team

KANIKA SOOD  |  THURSDAY, 27 MAY 2021
... said nearly half of the ASL increase of 154 will go towards hiring on the investment team. Future Fund does not manage any money internally, all of it is allocated to external managers. The additional hiring will take the investment team from about 80 ...

Former adviser charged with $3.3m fraud

KARREN VERGARA  |  THURSDAY, 27 MAY 2021
... personal loans with a number of people, some of whom were clients. "No client accounts were breached. The lenders transferred money from their personal bank accounts to his personal bank account," he said. "In almost all of the cases we have seen, he ...

Link moves to streamline super fund advice

ELIZABETH MCARTHUR  |  THURSDAY, 27 MAY 2021
Link Group has a new technology partnership aimed at streamlining financial advice for superannuation fund members. Link will combine its services with personal financial management tool Moneysoft for a new offering will be available to all super funds ...

Former adviser jailed for six years

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... A former financial adviser will spend six years in prison for stealing nearly $3 million of clients' superannuation money. The District Court of New South Wales found Ross Andrew Hopkins, from Killara, guilty of 15 offences. Hopkins was the sole ...

What Gen Z think about investing

ELIZABETH MCARTHUR  |  TUESDAY, 25 MAY 2021
... 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, with 35% believing they need more than $10,000. "The survey highlights that many people ...

Chief economist update: Twist in tail of Aussie economic revival

BENJAMIN ONG  |  TUESDAY, 25 MAY 2021
... their clients part of the additional cost burden." For sure and for certain, the government won't be taking back the money it announced it'll be giving earlier this month - that would be political suicide. But the RBA could start tapering some ...

Industry fund ups admin fees

KARREN VERGARA  |  MONDAY, 24 MAY 2021
... in the hope of achieving potential higher returns for members. The cash option currently invests in a mix of short-term money-market securities that include call and term deposits, bank bills, negotiable certificates of deposit, and short-dated floating ...

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 ...

Pinnacle affiliates reach $85bn AUM

KARREN VERGARA  |  THURSDAY, 20 MAY 2021
... investment performance and $9.9 billion of new inflows, most of which came from institutional investors. About $1.2 billion new money came from offshore accounts secured for seven affiliates across public and private pension plans, sovereign funds, endowments ...

ERS applicants $3100 worse off

KARREN VERGARA  |  THURSDAY, 20 MAY 2021
... amount of $20,000 has foregone $3164 of additional savings, the institute found, and in order to restore this amount of money they will need to make extra voluntary contributions. In total, super funds released $36.4 billion during 2020. Most of this ...