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Showing 1251 - 1260 of 5238 results for "Money101"

ASIC drags Evans Dixon to court

KANIKA SOOD  |  FRIDAY, 4 SEP 2020
The corporate regulator started Federal Court proceedings against an Evans Dixon subsidiary over advice it provided, pushing down shares over 12% by noon. ASIC is alleging a Dixon Advisory representative failed to look after client's best interest ...

S&P DJI rebalances S&P/ASX Indices

ALLY SELBY  |  FRIDAY, 4 SEP 2020
S&P Dow Jones Indices has announced its quarterly rebalance of ASX indices, effective at the open of trade on September 21. The quarterly rebalance will see two new additions to the S&P/ASX 20 Index; those being Coles Group and Fortescue Metals. The ...

Sustainable ETF demand skyrockets

KARREN VERGARA  |  FRIDAY, 4 SEP 2020
The growth in sustainable index funds shows no sign of abating as assets under management double to US$250 billion in just three years. That is according to research firm Morningstar, highlighting the changing attitudes of investors bending toward ESG-conscious ...

ASIC bans crypto scammer

ALLY SELBY  |  FRIDAY, 4 SEP 2020
ASIC has banned a former national representative of a cryptocurrency investment scheme from financial services for seven years, after it was found he engaged in misleading or deceptive conduct. New South Wales based John Louis Anthony Bigatton has copped ...

ASIC restrains Mawhinney

ELIZABETH MCARTHUR  |  THURSDAY, 3 SEP 2020
ASIC has been granted interim orders against Mayfair 101 founder James Mawhinney which will stop him siphoning any money out of Australia. The orders also restrain Mawhinney from advertising or promoting any financial product, meaning his work with ...

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
It was good - so good - while it lasted. But as the saying goes, "nothing lasts forever". It had been more than a generation since Australia experienced "the recession we had to have" back in 1990/91. The Australian economy withstood the US savings ...

SMSF member increase bill reintroduced

ANNABELLE DICKSON  |  THURSDAY, 3 SEP 2020
The bill to increase the maximum number of self-managed superannuation (SMSF) members from four to six has been reintroduced in the Senate. The bill amends the SIS Act, Corporations Act, ITAA 1997 and Superannuation (Unclaimed Money and Lost Members) ...

Super remains grossly inequitable: Per Capita

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
Australia's superannuation system continues to produce grossly inequitable outcomes between the financial security of Australian men and women in retirement, according to research from Per Capita. The research, titled The Herstory of Superannuation ...

Dividends ripe for the picking

ANNABELLE DICKSON  |  TUESDAY, 1 SEP 2020
Australian equities are set to continue to provide dividend income for retirees more so than safe haven assets, according to a retirement income specialist. Plato Investment Management managing director Don Hamson said despite the hearsay that dividends ...

Robinhood effect steers share market

KARREN VERGARA  |  MONDAY, 31 AUG 2020
The perfect storm of government stimulus and a new breed of retail traders with little investing know-how are resuscitating the share market, but for how long? According to Julia Lee, founder and chief investment officer of Burman Invest, numerous factors ...