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Showing 321 - 330 of 1702 results for "Retirement savings"

Former Brisbane adviser found guilty of fraud again

MATTHEW WAI  |  MONDAY, 26 AUG 2024
... after being convicted of fraud in 2019 has once again been found guilty of misleading clients to invest their retirement savings in a single abalone farm that went bust. Former Brisbane financial adviser and director of Growth Plus Financial Group (in ...

CSC launches series of retirement options

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... options. Some of these options include a lifetime annuity which is designed to address the risk of outliving retirement savings. The fund partnered with Challenger to offer these blended solutions which are intended to help provide customers with security ...

Super on parental leave bill hits parliament

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... entitlements." According to advocacy group The Parenthood, as much as $30,000 could be added to a family's retirement savings per child under the move. ​"The reality is that today in Australia there are so many financial hurdles to having a family ...

Super's board requirements are sound: SMC

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
... model of profit-to-member funds was created with a "clear and single purpose" to service the fund members whose retirement savings they hold. "They do so by deeply understanding their members and the workplaces in which their members work - they know ...

ART appoints chief financial officer, promotes managers

ELIZABETH FRY  |  FRIDAY, 16 AUG 2024
... team. This is further evidence of the benefits of the merger to ART members and I know our members and their retirement savings are in safe and talented hands." The high-profile Lo is responsible for balance sheet management, which includes securities ...

Hostplus adds investment options, makes fee changes

ELIZA BAVIN  |  FRIDAY, 16 AUG 2024
... lives and investment needs. That's why we offer investment options designed to cater for a wide range of retirement savings goals, risk appetites, investing styles and timeframes," the fund said. "On 1 October 2024, we're expanding our investment ...

SEC seeks to shut down $450m Ponzi scheme

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
... The US regulator has filed charges over a $453 million Ponzi scheme that saw more than 2000 investors' retirement savings spent on luxury yachts, private jets and more. The Securities and Exchange Commission (SEC) obtained a preliminary injunction ...

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
... integrity, diligence, and judgement." The additional conditions imposed on the two industry funds, which manage the retirement savings of nearly one million Australians, will also have independent expert scrutinise their expenditure practices, assessing ...

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... directors. "Our members can be reassured that the fund's focus on protecting and growing their hard-fought for retirement savings is unwavering," the Cbus spokesperson said. Nevertheless, Liberal senator Andrew Bragg contends that the $85 billion ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... speculative schemes tied to Hewish. "[UGC] used a client onboarding process that lured people into investing their retirement savings in UGC-related products by having calls made to prospective clients using details including those obtained from a third-party ...