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Showing 311 - 320 of 6169 results for "Money"

Vanguard Super leads in organic growth: KPMG

ANDREW MCKEAN  |  TUESDAY, 20 MAY 2025
... OneSuper (Diversa) recorded the highest administration fee, followed by Prime Super, smartMonday, IOOF (Insignia), and Virgin Money (Mercer). KPMG noted a trend of funds reviewing their administration arrangements, resulting in moving administrators ...

Cointree hit with AUSTRAC fine

ELIZA BAVIN  |  MONDAY, 19 MAY 2025
... time. The action comes after Cointree voluntarily disclosed it had not met the reporting timeframes required by the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act). AUSTRAC chief executive Brendan Thomas said that failing ...

Former adviser accused of theft loses lengthy extradition fight

JAMIE WILLIAMSON  |  FRIDAY, 16 MAY 2025
... that was misleading or deceptive. ASIC alleged Pearson created documents to disguise the fact she was funnelling client money into a bank account held in her company's name, Colisa, without their knowledge. It also alleged she misled her licensee ...

FTX creditors await US$5bn distribution

KARREN VERGARA  |  FRIDAY, 16 MAY 2025
... Bankman-Fried is currently serving 25 years in prison after being indicted on several criminal charges, including fraud and money laundering. He reportedly stole US$10 billion from investors. FTX filed for bankruptcy in 2022. Ray, a lawyer and insolvency ...

Vanguard ETFs claim first, second, and third place for inflows

ANDREW MCKEAN  |  THURSDAY, 15 MAY 2025
... although markets were volatile in April, most of its investors stayed the course and didn't panic. "... they kept their money in the market or added to their portfolios," Shrimski said. "We've had a very strong start to the year, and we're proud that ...

Ascent Investment mastermind cops 33 criminal charges

KARREN VERGARA  |  MONDAY, 12 MAY 2025
... failing to act in good faith under section 184 of the Corporations Act 2001, amounting to about $2.5 million of investor money. Another five counts relate to falsifying books and annual returns under section 1307 of the Corporations Act 2001. In 2021 ...

HESTA members to keep paying fees as disruption continues

ELIZA BAVIN  |  MONDAY, 12 MAY 2025
... frustrated. "I have seen large back office overhauls many times in my career, it's never involved freezing anyone's money for any period of time," Lythgo Crew Wealth Management senior financial adviser Dane Windshuttle said in a LinkedIn post. ...

No US recession priced in yet: UniSuper

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
... "When you look at the interaction between bonds and derivative markets, it looked like a lot of holders who had borrowed money to buy the bonds had to quickly close out those positions, and so all at once, everyone's trying to reduce risk - they're ...

Work from home saves employees $5308

ELIZA BAVIN  |  WEDNESDAY, 30 APR 2025
... worked in an office. "This confirms what many Australians have experienced since the pandemic - workers are saving time and money on their commute, and in many cases are also able to work more hours or even get a job, where they couldn't do so before," ...

FNZ faces revolt from employee shareholders

KARREN VERGARA  |  TUESDAY, 29 APR 2025
... executive in Blythe Masters in August 2024, FNZ also flagged existing institutional shareholders committed $1 billion in new money via the issuance of two rounds of preference shares and then awarded them warrants. Such preference shares rank higher ...