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Showing 1191 - 1200 of 4034 results for "Personal"

ASIC takes action on Union Standard

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... March 10), in the Federal Court. ASIC alleges Union Standard breached a number of regulations. Among them were providing personal advice without a licence and making false or misleading claims about the level of risk undertaken and the profits which ...

Personal finance app retires Australian business

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
A personal finance management app provider has been hit by several forces such as COVID-19, forcing it out of the Australian market. Moneytree will discontinue services in Australia from 15 January 2021. Moneytree LINK, a financial data platform for ...

IPO Wealth trustee hit with class action

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
Slater and Gordon issued the embattled IPO Wealth Fund with a class action late last week. The firm will represent unitholders in the IPO Wealth Fund, which is currently being wound up by trustee Vasco Trustees after the Victorian Supreme Court ordered ...

Chief economist update: East and west at crossroads

BENJAMIN ONG  |  TUESDAY, 15 DEC 2020
... perceive as a gesture of goodwill (eg telling an older gentleman that he has toilet paper stuck to his shoe) could cause him personal embarrassment, leading to loss of face. In some instances, less damage will be done by letting him trail that toilet ...

Clive Palmer ramps up calls for Shipton's head

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
... state and national newspapers with the copy: "Shifty Shipton gets $855,364 p.a. yet expects you to pay $118,000 for his personal tax advice!" It is just the latest in a string of calls from Palmer for Shipton to resign completely following the revelations ...

US regulator, states sue Facebook

JAMIE WILLIAMSON  |  THURSDAY, 10 DEC 2020
... monopoly power to suppress competition and degrade privacy protections. The FTC said Facebook is "illegally maintaining its personal social networking monopoly through a years-long course of anti-competitive conduct". Alabama, Georgia, South Carolina ...

Key advice reforms tabled

KARREN VERGARA  |  THURSDAY, 10 DEC 2020
... business placed by the product issuer or a gift. Thirdly, superannuation funds cannot charge fees on an ongoing basis for personal advice provided to MySuper products (for a 12-month period). More generally, super funds cannot charge a member fees for ...

Investec to close Aussie business

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
The South African wealth manager and banking group is exiting the Australian market after 20 years. The company said the move is not a reflection of performance of the Australian business or employees, but a "strategic exit" to focus on its core markets ...

University debt weighs on personal investing

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... starting a business. About 24% said their university debt had a "moderate to very large" impact on their ability to start personal investing outside of superannuation. On home ownership, 50% said HECS-HEP debt impacted their ability to buy a house, with ...

Chief economist update: China turns crisis into opportunity

BENJAMIN ONG  |  TUESDAY, 8 DEC 2020
... global recession, latest international trade data reveal that it's turned this to its advantage. Strong demand for personal protective equipment (PPE) and masks and working from home electronic products - as well as increased seasonal Christmas demand ...