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Showing 1331 - 1340 of 6233 results for "Money"

AFCA chair under fire

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... without knowing about his involvement in advocating for the maintenance of certain accounts when ANZ Bank alerted him to money laundering risks. The report found this "misplaced reliance" on Barton was not a flaw on Coonan's part. Coonan announced ...

Limited advice overdue for disruption

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... denominators. Perhaps the best example where advice needs a rethink, McPherson said, is for members who have retired, taken their money out of super and "wake up in a panic" one day realising they are running out of money and have not applied for the ...

The future of quality advice: SMSFA

ANNABELLE DICKSON  |  THURSDAY, 18 FEB 2021
... should not go towards tools, investment and data integration. "If we think about it as a spend, there might be a bit more money going into those initiatives but as far as keeping yourself in a quality advice environment capability and being clear with ...

Woodford flags comeback

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... operation of the fund," Steward said. Woodford launched the fund in May 2014. Five years later, he froze investors' money amid liquidity issues. Steward recognised how long the FCA's investigation has taken, pointing out that it is "vital we ...

Westpac prioritises risk management

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... ASIC is no longer taking further action after Westpac paid a civil penalty of $1.3 billion relating to breaches of anti-money laundering and counter terrorism laws, the bank flagged it is still strengthening its risk management around financial crime ...

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
... US and international economic activity has rebounded from the deep freeze of 2020; there's easy from the Fed and more money coming from US President Biden's US$1.9 trillion contra-virus proposal. Not to mention (again), the psychological fear ...

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 ...