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Showing 111 - 120 of 151 results for "Scams"

Pensioners lose decades of savings in 24 hours

ELIZABETH MCARTHUR | THURSDAY, 14 NOV 2019

... Conduct Authority and The Pensions Regulator have revealed £82,000 (AU$154,202) is the average amount victims of pension scams lost in 2018. It would take an ordinary working saver 22 years to amass that amount, according to the FCA. Despite the significant ...

Rural FM dupes investors: Short-seller

KARREN VERGARA | FRIDAY, 9 AUG 2019

... over-inflating assets. Bonitas is accusing RFM, the responsible entity for ASX-listed Rural Funds Group (ASX: RFF), for running "scams" on investors in the same vein that led to the demise of Blue Sky (ASX: BLA). RFF is in the business of leasing agricultural ...

Financial scams smash Australia

HARRISON WORLEY | TUESDAY, 2 JUL 2019

Latest research from KPMG shows financial scams are hitting Australia harder than both the US and UK. The consulting giant's inaugural Global Banking Fraud survey found Australia suffered a disproportionately high volume of financial scam attempts in ...

Crypto scams bite UK

HARRISON WORLEY | TUESDAY, 21 MAY 2019

Investors in the United Kingdom lost more than £27 million to cryptoasset and forex scams in the last year. The Financial Conduct Authority is urging UK citizens to be wary of investment scams carried out through "bogus" online trading platforms, after ...

Australians lose record amount to scams

ELIZABETH MCARTHUR | TUESDAY, 7 MAY 2019

Older Australians, Indigenous Australians and those with a disability have reported record losses to scams in 2018, including more than $85 million to dodgy investments. Australians in total lost almost half a billion dollars to scams in 2018. However ...

Train staff on privacy risks: OAIC

HARRISON WORLEY | MONDAY, 5 NOV 2018

... education providers and personal services rounded out the top five. Falk also said Australians need to be alert to phishing scams, noting 20% of all data breaches in the quarter were attributable to phishing.

Advisers on scam alert

KANIKA SOOD | TUESDAY, 24 JUL 2018

Advisers and investors should be "particularly vigilant" of investment scams this time of the year, as scammers prey on people's fear of getting in trouble with the ATO as tax season continues, according to Finder. Australians are now losing $1 million ...

SMEs lack cybersecurity resilience: ASIC

KARREN VERGARA | MONDAY, 4 DEC 2017

... individuals and businesses in the past 12 months, representing a 15% increase on the year prior. More than half were online scams or fraud, up 22% year-on-year.

Education key in combatting elder financial abuse

JAMIE WILLIAMSON | TUESDAY, 6 JUN 2017

... their personal details or hard-earned money to scammers this tax time. Assistant Commissioner Kath Anderson said 48,084 scams were reported to the ATO between July and October last year. "We have already seen a five-fold increase in scams from January ...

Medium risk for terrorism funding in financial advice

ALEX BURKE | THURSDAY, 22 DEC 2016

... reported as the most common criminal issue with which planners were contending. The report also highlighted instances of "scams, the use of false documents, as well as suspected cases of fraud" conducted by advisers, and even though it detected few instances ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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