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Showing 1311 - 1320 of 4034 results for "Personal"

Adviser jailed over $2m Ponzi scheme

JAMIE WILLIAMSON  |  TUESDAY, 4 AUG 2020
... members; $318,500 was used to pay other clients dividends, interest or return of capital; $135,000 was used for other personal and business expenses and; $27,000 was withdrawn in cash or transferred overseas. In sentencing Miller, the judge described ...

Cyber criminals jump on ERS

ELIZA BAVIN  |  TUESDAY, 4 AUG 2020
... with $2.2 million in reported losses as at 22 July 2020." Simms added that the cyber criminals were aiming to collect personal information to be used to make fraudulent claims of government programs, including access to the ERS scheme. "One of the high-risk ...

Regulatory, legal exam questions trip up advisers

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... particularly unsuccessful candidates. The exam's testing of advice documentation requirements, the difference between personal and general advice, the Privacy Act and Anti-money Laundering Act were among the areas where advisers were most likely to underperform. ...

Aussies reevaluate retirement prospects

ALLY SELBY  |  MONDAY, 3 AUG 2020
... portfolio outside of super. "We want more Australians to engage with their super and take positive action to make their personal retirement goals come true."

Chief economist update: A tiny bug takes down the largest economy

BENJAMIN ONG  |  FRIDAY, 31 JUL 2020
... have been worse. But increased government stimulus (as well as the Fed's) was not spent, but saved. "Real disposable personal income (DPI)-personal income adjusted for taxes and inflation-increased 44.9 percent in the second quarter after increasing ...

Spend your money how you please: PM

ELIZA BAVIN  |  FRIDAY, 31 JUL 2020
... debts. "The overwhelming majority of cases that my advice is that people are using it actually to restructure their own personal balance sheets," he said. "They are putting it against their debts and they are putting it against to support their mortgages ...

Hobart adviser cops ban

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
... double gear their investments," ASIC said. "In providing this advice, Mr Horton had no regard to the clients' relevant personal circumstances, their cash flow position or their ability to cover margin calls." Horton moved from Meritum to an administrative ...

Debt vulture crackdown welcome

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JUL 2020
... it is important that we no longer deal with unlicensed, fee-charging debt management providers," NAB group executive, personal banking Rachel Slade. The bank wants to direct customers to its own services to assist with financial distress without charging ...

Westpac announces appointment, departure

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... Westpac from the Bank of Montreal in Canada, where he worked as its chief information and operations officer across its personal and business baking, private wealth and global asset management divisions. Westpac group chief executive Peter King said ...

Corporate super plan appoints chair

KANIKA SOOD  |  MONDAY, 27 JUL 2020
... were characterised by diligence and hard work," the fund said in a statement. "Tom will be remembered for his enduring personal commitment to achieving the best retirement outcomes for members. In the words of a fellow director he was "an inspiration ...