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Showing 341 - 350 of 1879 results for "Never"

Unlicensed investor pleads guilty to fraud charges

CHLOE WALKER  |  FRIDAY, 24 FEB 2023
... the funds into an overdrawn account and spent the funds for his own purposes or to pay back other investors. The investor never received any returns and lost the capital invested. Kamkolkar promised another investor a net return of 30% of his capital ...

New front in super wars, stability at risk: Opposition

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
... superannuation system is at risk. The purpose of super is to take pressure off the budget, not supplement it, Taylor argued. "It was never envisioned that super be used to plug revenue gaps or to become an alternative source of government spending," ...

SEC fines Mormon Church investment arm

KARREN VERGARA  |  WEDNESDAY, 22 FEB 2023
... companies to make the filings. Ensign Peak handled the mechanics of the filing process. The Church's senior leadership never prepared or filed the specific reports at issue." The portfolio invests in stocks, bonds, commercial and residential real ...

Government introduces gender pay gap bill

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
... the Gender Pay Gap Bill is an important step in rectifying an issue which always seems to attract good intentions but is never fully resolved," she said. "We applaud the Bill's initial focus on transparency, with companies now required to publish ...

The self-funded retiree is a misnomer: Institute

JAMIE WILLIAMSON  |  MONDAY, 6 FEB 2023
... Australia, but this data shows an unsustainable system with a small number of account holders reaping the benefits. This was never the purpose of superannuation," Denniss said. "There is a strong case for limiting tax concessions for high-income groups ...

Government acts to regulate crypto assets

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
Crypto asset licensing and custody reforms by the government are targeting subsets outside the financial services framework. In a joint statement, treasurer Jim Chalmers and assistant treasurer and minister for financial services Stephen Jones said ...

More DASS complainants flock to AFCA

KARREN VERGARA  |  MONDAY, 6 FEB 2023
The number of Dixon Advisory and Superannuation Services complainants continues to grow as more former clients have come forward to the financial complaints body for potential compensation. The number of complainants has grown by about 100 to 1700 as ...

Federal Reserve increases rates 25bp

CASSANDRA BALDINI  |  THURSDAY, 2 FEB 2023
... Brandywine global portfolio manager Bill Zox. "I'm not sure the Fed is even trying for a soft landing. While they would never say so, they might prefer the restorative aspects of a recession and a proper bear market." The Commonwealth Bank of Australia ...

Fintech predictions for 2023: Finura

CASSANDRA BALDINI  |  TUESDAY, 31 JAN 2023
... hand, record demand for their services and fewer competitors," it explained. "Equally, costs and business complexity have never been higher, technology decisions will be a crucial element for your success in future years." Finura's top prediction is ...

Financial services leaders recognised: 2023 Australia Day Honours

ANDREW MCKEAN  |  FRIDAY, 27 JAN 2023
... Australia for contribution to social welfare and community services. On his award, Gunesekera said he felt honoured and humbled, never expecting to be recognised in such an amazing way. Governor-General of Australia David Hurley commented that the recipients ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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