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Showing 131 - 140 of 5643 results for %22Money%22

US regulator fines DWS US$25m for greenwashing, AML offences

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023
... and Exchange Commission US$25 million to settle charges stemming from greenwashing claims and failures to develop an anti-money laundering (AML) program for mutual funds it advised. In the case of greenwashing, the SEC found that DWS made "materially ...

Older Aussies are retirement illiterate: Survey

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... when clients include age care in their plans, they may not do so explicitly, husbanding their assets to ensure they have money to cover entry and ongoing fees if they eventually need to go into aged care. That can lead to sub-optimal results when compared ...

Adviser exam records 73% pass rate

JAMIE WILLIAMSON  |  FRIDAY, 15 SEP 2023
... three core areas: financial advice regulatory and legal obligations, including Chapter 7 of the Corporations Act, the Anti-Money Laundering and Counter-Terrorism Financing Act, the Privacy Act and the Tax Agent Services Act; applied ethical and professional ...

Former van Eyk chief cops permanent ban

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... a director of Blueprint to recommend and facilitate a $5 million investment in the Wholesale Enhanced Income Fund. That money was then loaned to TAA Melbourne to buy a share of van Eyk, of which Thomas was chief executive. This was done to prevent a ...

Investing in research generates threefold economic output

ROSE MARY PETRASS  |  THURSDAY, 7 SEP 2023
... indirect jobs will be created in Australia by the NCGP. ARC chief executive Judi Zielke said the report shows NCGP is value for money and delivers exceptional outcomes, with every $1 of research that the ARC funds generating $3.32 in economic output ...

Spaceship launches US investing service

JAMIE WILLIAMSON  |  WEDNESDAY, 6 SEP 2023
... to democratise access to the US market. "Our mission is to transform the way young Aussies think about and invest their money, and this new US Investing service plays an important role in expanding our investing ecosystem," he said. He added that the ...

ASIC cracks down on CFDs, OTC derivatives

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... since 2017. It has regularly reviewed practices the proceeding years, and ultimately found that most retail clients lose money trading CFDs. "Our recent penalty proceedings against a CFD issuer is our third DDO-related civil penalty proceeding. This ...

Ironbark launches global infrastructure fund

CHLOE WALKER  |  MONDAY, 4 SEP 2023
... structure which can be cumbersome to administer. To achieve this, the fund has been constructed so that investors can put money in monthly, and after three years, are able to take money out quarterly. "Liquidity wise, it's quite different to what's ...

Government consults on superannuation objective laws

ANDREW MCKEAN  |  FRIDAY, 1 SEP 2023
... and retirement phases." According to Treasury, the objective won't affect existing trustee obligations or how members money can be invested. Instead, it serves as a reminder, underscoring trustees' role in supporting members throughout their ...

Top global trends impacting portfolio construction

CASSANDRA BALDINI  |  TUESDAY, 29 AUG 2023
... with incumbent businesses and incumbent industries that can all be impacted. "So, on a dollar-weighted basis, the amount of money we have at risk to technological disruption is greater than the amount of money you have a risk to profit." He clarified ...