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Showing 251 - 260 of 3994 results for "Personal"

NPP not suitable as the primary payment system for payday super

MATTHEW WAI  |  WEDNESDAY, 9 APR 2025
... financing smooths cash flow, enabling businesses to pay staff, suppliers, and invest in growth - all without relying on their personal assets like the family home," Beeson said. SMEs should also review budgets and payroll structures to account for increased ...

Three AFS licensees pinged over compliance breaches

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... Advice, and Sherrin Partners Services - have copped infringement notices from ASIC after their financial advisers provided personal advice while unregistered. Each licensee paid a $31,300 penalty in March. The corporate regulator said it had "reasonable ...

AIOFP partners with fintech firm to offer white-labelled digital advice

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... moneyGPS has provided it with "genuine opportunity" to offer what its members have been after for a long time - "access to personal financial advice at a fraction of traditional costs." "Having the ability to finally offer these clients and referral ...

Aussies need help to navigate the great wealth transfer: Fidelity

MATTHEW WAI  |  FRIDAY, 4 APR 2025
... tax, and investment challenges. Many next gens require guidance on debt management, investment strategy, alignment with personal values, and managing family dynamics. "The financial services industry should be prepared to cater to this growing demand ...

Cybercriminals attack major super funds

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
... members' accounts due to these unauthorised access attempts," she said. Rest said some members may have had limited personal information accessed and that it will continue to update affected individuals and assist them with taking further steps to ...

The super fund scouring the dark web to protect members

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... financial harm, including the loss of superannuation savings, a particularly prominent risk given the volume of members' personal data available for sale. This super fund is fighting back with a novel approach. The dark web market is booming, tipped ...

The tax system is being weaponised to inflict abuse, ombudsman says

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
Over two million Australians, mostly women, have suffered financial abuse at the hands of an intimate partner, sometimes through the weaponisation of the tax system, with impacts that can be "devastating and long-lasting" to survivors and their families ...

Otivo launches AI-powered advice tool

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
... The platform itself will act as the licensed financial adviser and can provide real-time advice, based on the users' personal financial information that they have input into the system. After issuing, a Statement of Advice (SoA) will be created. Ask ...

Jones clarifies scope of new class of adviser

ANDREW MCKEAN  |  FRIDAY, 28 MAR 2025
... Minister for financial services Stephen Jones has ruled out talk that the new class of adviser could provide holistic personal retirement advice and acknowledged the need to reform the Compensation Scheme of Last Resort (CSLR) during a post-budget briefing ...

DBFO reforms package 'pretty disappointing': FAAA

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... amounts for advice they aren't actually receiving - including members who've sought, and paid for, their own personal financial advice but must still pay for the collectively charged advice provided to other members...," she said. The other area ...