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Showing 1271 - 1280 of 6146 results for "Money"

ISA calls SG increase delay a tax grab

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 JAN 2021
... anticipate any backlash the idea might receive. "Just wait for the shrill outrage that workers dare keep more of their own [money]," Wilson said. "It's the sound of hogs being dragged away from a multi-trillion trough they use to pay themselves bonuses ...

Fund manager charged with defrauding investors

ELIZA BAVIN  |  WEDNESDAY, 13 JAN 2021
... wind-down. "As alleged in the complaint, Malley and MG Capital defrauded investors who thought they were entrusting their money to a fund manager with a long and successful track record," director of the SEC's New York Regional office Richard Best said. ...

Australian banks among most fined

ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
... Westpac's record $1.3 billion (US$910 million) fine, handed down after an AUSTRAC investigation found the bank had breached anti-money laundering and counter-terrorism financing law. The other two Australian bank fines in 2020 both went to National Australia ...

Super fund targets homegrown opportunities

KARREN VERGARA  |  FRIDAY, 1 JAN 2021
... means the state could go to the pool of capital for big infrastructure projects funding. Currently, approximately 99% of the money is managed outside of the State," Michalakis said.

Former adviser pleads guilty to theft, dishonesty

KANIKA SOOD  |  TUESDAY, 22 DEC 2020
... adviser and company director will be sentenced on April 30 after pleading guilty to charges relating to mishandling of client money in an IPO. Keith James Flowers (formerly Nigel Flowers) pled guilty to one charge each of dishonesty and theft at Sydney's ...

ERS had little effect on funds: Research

ELIZA BAVIN  |  TUESDAY, 22 DEC 2020
... fund flows could significantly affect fund performance, but in fact super funds take a proactive approach of managing their money. "This could reflect that Australian superannuation funds actively engage in liquidity management," the paper said. "In ...

ASIC takes action against La Trobe Financial

ELIZABETH MCARTHUR  |  MONDAY, 21 DEC 2020
... Hour Account. The two funds in question have minimum investment thresholds of just $10 and allow investors to redeem their money in as little as 48 hours or 90 days. However, the funds included the caveat in their constitutions that La Trobe Financial ...

Missing Caddick's mansion on the line

ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
... the court a report including the assets and liabilities of Caddick, an opinion on the solvency of Caddick, the amount of money received by Caddick from Maliver investors and any investor funds held by Caddick or property acquired by her. In liquidating ...

Christian Super recognised for impact investing

ANNABELLE DICKSON  |  FRIDAY, 18 DEC 2020
... with the award. "For many years Christian Super has been a pioneer in impact investing, working hard to invest our members' money in line with their values and beliefs," he said. "Our impact portfolio contributes to strong positive social and environmental ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... Morrison government has released its Mid-Year Economic Financial Outlook (MYEFO), proving the old saying 'You must spend money to make money' right. This quote, generally attributed to Roman playwright, poet and philosopher Titus Maccius Plautus ...