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Showing 391 - 400 of 6227 results for "Money"

'Crises happen': Investors reminded to stay calm

ELIZA BAVIN  |  WEDNESDAY, 9 APR 2025
... be starting to think about retiring," Linden said. "For current retirees or pre-retirees heading towards retirement soon, money that remains in super for many years enables short-term losses to be recouped." Linden said while it is natural to want to ...

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

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
The Association of Independently Owned Financial Professionals (AIOFP) has partnered with fintech firm moneyGPS, which will provide its digital advice platform to the advice association's 120 AFSL members and 5000 financial advisers. Through the partnership ...

Breaches continue as Cbus confirms 'unusual behaviour'

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
... services as quickly as possible," Cbus said. This comes as AustralianSuper confirmed it would remediate members who lost money from the attack. The fund said around 600 members were impacted, with four having money stolen, totalling around $500,000. ...

Which fund managers are making the most from investor fees?

ANDREW MCKEAN  |  TUESDAY, 8 APR 2025
... altering their ranking. Global X senior product and investment strategist Marc Jocum told Financial Standard that with so much money still sloshing around in managed funds, Australians may be paying more to active managers than they need to for a similar ...

Cyberattacks on super funds expose 'critical vulnerability'

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
... scam protections. SCA chief executive Xavier O'Halloran said that given Australians are legally required to put their money into super, the news of the attacks is chilling, particularly when "we know" super funds aren't doing enough to protect ...

Aussies need help to navigate the great wealth transfer: Fidelity

MATTHEW WAI  |  FRIDAY, 4 APR 2025
... with an inheritance. Thirty-seven percent are worried about tax implications, 30% are concerned around the management of money, while family disputes (28%) and emotional stress (27%) were also named as top concerns for inheritors. Further, more than ...

DWS fined $43m for greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 3 APR 2025
... settled a case brought by the SEC in 2023, paying $39.8 million (US$25m) over allegations of greenwashing and weak anti-money laundering processes. However, the case brought by the Frankfurt Public Prosecutor's Office lasted longer. First lodged in 2021 ...

ASIC tiptoes around private markets intervention

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
... acknowledged that the ASX has "topped out" for super funds. Between one quarter and one third of the ASX comes from superannuation money, he said. "I would expect, I think, that superannuation funds are doing the right thing looking at alternative investments," ...

Court approves Caddick SMSF class action settlement

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
... many of Caddick's victims are retirees. Justice Markovic approved the settlement amount overnight. About 50% of the money will go towards the victims while the other half is allocated to the law firm and litigation funder Therium. The lawsuit was ...

RainmakerLive rebrands to Rainmaker MarketPro

STAFF WRITER  |  TUESDAY, 1 APR 2025
... model portfolio data in Rainmaker MarketPro will present investment managers with opportunities for winning contestable money within the managed accounts market," Rainmaker Information head of business development James Yin said. The new CPD module in ...