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Showing 1251 - 1260 of 6147 results for "Money"

SMSFs primed for best financial interests duty

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
... trustees more accountable about decisions they make around day-to-day operational fund expenditure, investing members' money, strategic decisions and discretionary spending. "Given that members of an SMSF are also the trustees there is a strong incentive ...

PPS Mutual offers new IP solution

ELIZA BAVIN  |  TUESDAY, 16 FEB 2021
... forward in the group's quest for continuous improvement and innovation. "For professionals, time is - quite literally - money, and having to undertake several time-consuming medical assessments within a short period of time is not the best use of ...

Statewide warns of cold calls to members

ELIZA BAVIN  |  MONDAY, 15 FEB 2021
... initiated the roll over." Statewide general manager, distribution and advice Lisa Palmer said the member has since rolled his money back into Statewide Super and the industry fund was able to continue the insurance cover associated with the super account. ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... Institute index of consumer sentiment increased by 1.9% in February from 107.0 in January. Confident consumers - with more money, more savings and more wealth - owing to rising share and property prices -- are spending consumers that, in turn, lifts ...

Ponzi schemer succeeds at appeal

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
... five-and-a-half-year sentence after pleading guilty in obtaining financial advantage by deception totalling $1,027,000. The money the Johnstons collected for "investments" was deposited into the bank account of Small Business Management Pty Ltd on the ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
"The circulation of confidence is better than the circulation of money." - James Madison, 4th President of the USA (1809-1817) and Founding Father The Morrison government circulating more money which, according to the Budget Papers 2020-21, amounts ...

The trouble with best financial interests duty

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
... that are in members' best financial interest, he said. The new legislation will also focus on how trustees spend members' money - justifying what is essential and non-essential expenditure. Scott Connolly, assistant secretary of the ACTU, said that there ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... risk." Financial markets appear to agree... with both of them. The US equity market continues to rally buoyed the flood of money, money, money and expectations of more money, money, money. The bond market's going the other way as the yield on US 10-year ...

Lifecycle products cost members: Research

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
... proportion of your MySuper savings are allocated to more conservative assets like bonds. There is less chance of losing money," he said. "But the strategic problem in the lifecycle sector is not the concept behind them, but the huge variation in their ...

Diversa, BetaShares relationship probed

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
... BetaShares to develop the ETFs in question. "We know the ETFs that we invest in with BetaShares now have a lot of external money flowing into them. We helped collaborate on them to bring them to market. I think these are proving to be strong investment ...