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Showing 2491 - 2500 of 14210 results for "Interest"

Former adviser wins appeal, convictions quashed

JAMIE WILLIAMSON  |  MONDAY, 20 JUN 2022
... throughout the offending, Jayaweera transferred small amounts back to investors to create the impression they were earning interest on their investment. The fraud amounted to about $6 million and largely impacted retirees or those readying for retirement ...

Barred adviser breaches ASIC order

ANDREW MCKEAN  |  MONDAY, 20 JUN 2022
... clients wanted advice on. ASIC also stated that he failed to understand what was required of him to comply with the best interest duty. A Magistrate's Court ruling disqualified Toledo until 5 September 2024; however it has since come to light that he ...

IFM Investors, San Quirico team up to work towards a sustainable future

CHLOE WALKER  |  FRIDAY, 17 JUN 2022
... Garrone-Mondini family and IFM NZIF signed an agreement which will see IFM NZIF and its affiliates acquire an initial 35% interest in a new holding entity to be established and that will hold, in turn, 62.5% of ERG. The investment is more than €1 billion ...

Clear up uncertainty: AFA, FPA

JAMIE WILLIAMSON  |  FRIDAY, 17 JUN 2022
Both the Association of Financial Advisers (AFA) and the Financial Planning Association of Australia (FPA) have used their submissions to the Quality of Advice Review to call for regulatory certainty. Releasing their submissions yesterday, both industry ...

Ord Minnett announces Perth office launch

CASSANDRA BALDINI  |  FRIDAY, 17 JUN 2022
... the potential for growth we see in the state," he said. Ord Minnett chair Warwick Smith said he had extensive business interest in the state. "Being chair of the advisory board of Australian capital equity, with interests in Seven Group Holdings, Seven ...

Talaria appoints sales director

CHLOE WALKER  |  FRIDAY, 17 JUN 2022
... knowledge and experience make him a valuable addition to our team," he said. Mead added that Talaria has been seeing strong interest in its Global Equity Fund as the more volatile market conditions have highlighted the importance of managing risk and ...

SMSF assets climb to $892bn

ANDREW MCKEAN  |  FRIDAY, 17 JUN 2022
... has left SMSF trustees with very few options in terms of investment choices for immediate liquidity." "Due to current interest rate settings, short-term term deposits are very unattractive and not heavily used. There's been some use of other pool structures ...

Mason Stevens hires interim head of fixed income

ELIZABETH FRY  |  FRIDAY, 17 JUN 2022
... Fernley. He replaces Jesse Imer who recently joined Victorian Funds Management Corporation as a portfolio manager, fixed interest. Baume started his career at Deutsche Bank in 2000, he ended up as head of cross-market structuring. In 2008 he joined Westpac ...

Stagflation: What should we expect?

CHLOE WALKER  |  THURSDAY, 16 JUN 2022
... should also be taken seriously. "We are seeing this in all major economies... Consumers don't like inflation and interest rates compounding in terms of cost of living," he said. "What I really think that central banks will need to do is put the brakes ...

You can't have it all: Retirement income strategies

JAMIE WILLIAMSON  |  THURSDAY, 16 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," he said. "From ...