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Showing 471 - 480 of 6142 results for "Money"

ASIC takes action against Guildfords FM, director

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
... contracts for difference (CFD) that resulted in investor losses. The regulator estimated that about $40 million of investor money has been lost. Further, as trustee of the Magnolia Head Fund, Guildfords dealt in CFDs when it did not hold an AFSL to do ...

APRA: RSE licensees show 'common areas of weakness'

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... maintain the safety of the $2.69 trillion in Australian retirement savings that they oversee. "Ensuring the safety of this money is imperative to members and the Australian financial system. Trustee boards of these RSE licensees need to be well-prepared ...

ASIC freezes assets of Melbourne based licensee

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... dealing with or disposing of property; incurring new liabilities, or withdrawing, transferring, disposing of, or dealing with money held in bank accounts or with a financial institution (subject to limited exceptions). At a hearing on June 25, the court ...

AustralianSuper completes build-to-rent-to-own project

KARREN VERGARA  |  MONDAY, 24 JUN 2024
... five years and have the option to buy the property at any stage at an agreed value. Residents are also offered optional money coaching to help them budget to purchase their home. AustralianSuper made a cornerstone investment in Assemble in 2020, acquiring ...

Inflation weighing on next generation of retirees

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
Generation X - the next in line to retire - is worried about running out of money, or not having enough to retire at all, according to new research by Natixis Investment Managers. The research, conducted in collaboration with CoreData Research, found ...

Court freezes assets of Keystone AM managed fund

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... dealing with or disposing of property; incurring new liabilities; or withdrawing, transferring, disposing of, or dealing with money held in bank accounts or with a financial institution (subject to limited exceptions). The court also made orders that ...

Ageing Australians rapidly shifting retirement planning

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
... measures, such as frugality, to stretch their savings." Aboud said one of the biggest fears retirees have is running out of money, either because they outlive their savings or because it is eroded by external factors like inflation or market volatility. ...

More Aussies anticipate renting in retirement: Vanguard

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
... to afford a comfortable retirement," Shrimski said. The survey also found that Australians are increasingly worried their money may not last in retirement, with four in five of working Australians somewhat or very concerned about running out of money ...

Social media, news addiction cost returns: Morningstar

KARREN VERGARA  |  MONDAY, 17 JUN 2024
... they lose sight of the underlying assets. Using equities as an example, many investors do not ask how the company makes money, who it competes with and what is the outlook for the industry it operates in. Hodge said their due diligence revolves around ...

CSLR makes inaugural payments

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... provided deceitful advice and convinced the victim she was investing in a property that was to be built. The adviser stole the money and fled the country, leaving her and her family in a difficult financial situation that led to applying for a financial ...