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Showing 101 - 110 of 5642 results for %22Money%22

Potential reporting relief for trustees: ASIC

CHLOE WALKER  |  TUESDAY, 7 NOV 2023
... regulator is also advancing proposals to enhance transparency in how superannuation funds spend and invest members' money. "It's APRA's aim to publish as much of the data that we collect as possible, especially where there is a strong public ...

BNP Paribas to sharpen efforts down under

CHLOE WALKER  |  TUESDAY, 7 NOV 2023
... managers, their own traders, their own research and strategy. "The super industry is producing some of the largest pools of money that we face as clients anywhere, frankly. It's money that's being managed more internally by the Australian staff ...

Government must revise infra pipeline: Chalmers

CASSANDRA BALDINI  |  MONDAY, 6 NOV 2023
... upfront about that, and the work that Catherine is doing engaging with the states is to work out how we get maximum value for money, how we get the right infrastructure for our people and for their economy, without putting additional upward pressure ...

Dispute resolution failures land TelstraSuper in Federal Court

KARREN VERGARA  |  MONDAY, 6 NOV 2023
The corporate regulator is taking TelstraSuper to the Federal Court for allegedly failing to comply with internal dispute resolution requirements. ASIC alleges that 40% of the corporate superannuation fund's responses to complainants during a specific ...

RW Capital launches Pets Fund

CHLOE WALKER  |  FRIDAY, 3 NOV 2023
... them to the standard that they'd like to," he said. "Hence, we'd like to step in, buy these facilities, and make money available for them to reach their full potential." Falk said the overall return target for the fund is 20% per annum, in line ...

Hollywood strike plays havoc with film fund

CASSANDRA BALDINI  |  FRIDAY, 3 NOV 2023
... a single dollar due to the ongoing strike action in Hollywood, but GSFM chief executive Damien McIntyre is confident the money will pour in once a deal between actors and production companies is signed. At the start of the year, GSFM unveiled its collaboration ...

NGS Super launches retirement savings strategy

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
... Before the age of 75 drawdowns are higher than the legislated minimum amount, at 6% of the member's account balance. When the money in the cash bucket runs low, it can be topped up from the growth bucket, and members will be reminded when it is time ...

Caddick victims sue auditors in class action

KARREN VERGARA  |  MONDAY, 30 OCT 2023
... representations. Justice Markovic is set to preside over the class action. Former clients, many of whom had SMSFs, believed their money was predominately invested in ASX-listed equities using CommSec accounts. In the eight years to 2020, at least five ...

Piper Alderman investigates second CFD class action

CHLOE WALKER  |  WEDNESDAY, 25 OCT 2023
... imposed strict new conditions on CFDs after reviews by the regulator found that 72% of retail clients who traded CFDs lost money. ASIC also found that most of these clients earned less than $80,000 a year. In recent years, ASIC has also successfully ...

Super bequest reform can boost charitable giving by billions: Report

ANDREW MCKEAN  |  TUESDAY, 24 OCT 2023
Superannuation bequest reform enabling Australians to channel unspent funds to a nominated charity tax-free upon death, could boost charitable giving by up to $21.9 billion annually by 2060. A report by Impact Economics and Policy, commissioned by Philanthropy ...