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Showing 2461 - 2470 of 14210 results for "Interest"

Dodge volatility, invest in global equities: Report

CASSANDRA BALDINI  |  TUESDAY, 5 JUL 2022
... managers need to fight the behavioural instinct to get more bearish as the market falls. He said: "How inflation and interest rate increases impact consumption, investment and credit risk, are key considerations for investors." Wild suggested when looking ...

CountPlus takes stake in WSC Group

ANDREW MCKEAN  |  TUESDAY, 5 JUL 2022
CountPlus has acquired a 32.75% interest in financial advice practice WSC Group. WSC Group will be authorised by Count Financial as part of the transaction, adding an additional three authorised representatives to the CountPlus-owned licensee. WSC Group ...

Diverger takes stake in McGregor Wealth Management

CHLOE WALKER  |  MONDAY, 4 JUL 2022
The financial services company has acquired a 35% equity interest in financial planning practice McGregor Wealth Management (MWM). The purchase was made through Diverger Wealth Holdings. McGregor is licensed by GPS Wealth, which is also a wholly-owned ...

David Elmslie steps down as Hostplus chair

JAMIE WILLIAMSON  |  MONDAY, 4 JUL 2022
After 15 years at the helm of the fund's board, David Elmslie has been replaced by former QIC chief executive Damien Frawley. Elmslie's term came to an end on Friday, June 30. He was first appointed chair of Hostplus in 2007. At that time, Hostplus ...

Social impact fund to target essential workers

JAMIE WILLIAMSON  |  MONDAY, 4 JUL 2022
... requires a minimum 2.5% deposit. The house purchased must be the essential worker's primary residence. Investment interest has proved strong already, HOPE said, adding that it's on the way to raising about $400 million for the fund from a range ...

ASIC bans Melbourne adviser

CHLOE WALKER  |  FRIDAY, 1 JUL 2022
The corporate regulator has dealt out a three-year ban to David Noel Ruthenberg of Venture Advisory Consulting. ASIC found that, between June 2015 and September 2017, Ruthenberg recommended that some of his clients invest in the Investport Income Opportunity ...

Melissa Caddick's multimillion dollar mansion to hit the market

CASSANDRA BALDINI  |  FRIDAY, 1 JUL 2022
The liquidators in charge of recovering money on behalf of Melissa Caddick's victims are hoping to sell the house in the coming weeks. Principal of Sydney Sotheby's International Realty Michael Pallier has been picked by Jones Partners to sell ...

SEC fines UBS Financial Services over fraud charges

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... did not understand the risks and were unable to form a reasonable belief that the advice they provided was in the best interest of their clients. When investors suffered losses, many of them, along with their financial advisors, expressed surprise and ...

Inflation a greater danger than recession: Powell

ANDREW MCKEAN  |  THURSDAY, 30 JUN 2022
... Lowe commented: "I'm not expecting a recession but we're on a narrow path." "Like other countries we're having to raise interest rates and there are uncertainties around how that's going to effect the economy; we've got global uncertainties as well," ...

Retirement Income Covenant a win for advisers - but for how long?

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... members, because we know most members go into retirement as a household, so if you're only looking at the superannuation interest of a single member in one fund then, excluding Age Pension, you're not really looking at the entire picture... that's ...