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Showing 361 - 370 of 1943 results for "Victoria"

Adviser jailed for illegal super access

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
... sentenced to jail for facilitating the illegal early access of clients' superannuation to the tune of $1.5 million. Victoria-based Ahmed Saad operated Saad Wealth Management between 10 April 2012 until 16 October 2017 as a former Apogee Financial ...

Boutique recruits portfolio manager

KARREN VERGARA  |  WEDNESDAY, 17 NOV 2021
A $5 billon fixed income boutique hired a senior portfolio manager from the Victorian Funds Management Corporation. Based in Melbourne, James Wilson joined Jamieson Coote Bonds in November, finishing his most recent role at VFMC as senior portfolio ...

Demand for niche advice firms increases

KARREN VERGARA  |  TUESDAY, 16 NOV 2021
... farm the clients in search of A and B grade clients, he added. There is currently a financial advice firm up for sale in Victoria's Bendigo region. Recurring revenue sits at about $430,000 per annum with a multiple of 2.2 times. An advice firm located ...

Economic recap: Week to November 12

BENJAMIN ONG  |  MONDAY, 15 NOV 2021
... both business conditions and confidence rose sharply in October from November as the lockdowns in New South Wales and Victoria ended. Business conditions increased by 6 points to a reading of +11 in October - above its long-term average - aided by improvement ...

Test-induced movement marginal: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 10 NOV 2021
Only a handful of Aussies whose super fund failed the inaugural performance test have taken action and closed their accounts, according to APRA. Analysis by the prudential regulator shows that of the one million member accounts in products that failed ...

Hong Kong REIT buys Queen Victoria Building

ELIZABETH MCARTHUR  |  MONDAY, 8 NOV 2021
Hong Kong's Link REIT has snapped up stakes in some iconic Sydney buildings. It purchased a 50% interest in Queen Victoria Building, The Strand Arcade, and The Galeries - all retail buildings in Sydney's central business district. The transaction has ...

Advice gap spurs boom in investment media

ELIZABETH MCARTHUR  |  THURSDAY, 4 NOV 2021
... from funders including Magellan, Zip Co chief executive Larry Diamond and Pitcher Partners wealth adviser Charlie Viola. Victoria Devine's popular She's on the Money also recently partnered with roboadviser Six Park for a passive investing offering suited ...

Centuria, MAF make joint acquisition

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
... opportunities as they arise." Elsewhere, Centuria also acquired a 50% stake in a prime agriculture site in Warragul, Victoria for $88.5 million. The asset is leased to Australia's largest glasshouse operator, Flavorite Hydroponic Tomatoes. "These high-quality ...

End of the road for Dollarmites

KARREN VERGARA  |  MONDAY, 25 OCT 2021
... they failed to teach children financial literacy or the value of money. Following the release of the report, Queensland, Victoria and the ACT quickly moved to ban the programs. CBA announced over the weekend that because of ASIC's review and these ...

Harvey Kalman joins Raiz

ELIZABETH MCARTHUR  |  MONDAY, 25 OCT 2021
Former Equity Trustees global head of business development Harvey Kalman will chair Raiz Invest. Kalman is currently board member and chair of the audit and investments board committee for the Menzies Foundation and chair of the Financial Planning Advisory ...