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| | | ... Speaking to Sky News this morning, Sukkar emphasised that the ATO has not been compromised and said the investigation is around one confirmed case of identity theft. "It has been referred to the AFP, a case of identity theft essentially, where bogus ... |
| | | | ... effective bond portfolio, he said. "It is not a great idea to construct a portfolio consisting of only a few bonds because if one defaults it can wipe out all of your returns, and then some," Mitchell said. For example, those that invested in the Virgin ... |
| | | | ... senior investment bankers as it moves into the Australian market. Jarden Capital has locked down three UBS senior bankers and one Goldman Sachs banker to lead the firm's Australian operations. Former UBS chair of investment banking, head of equities ... |
| | | | ... times the number of accounts becoming active every day and the holding period for the stocks being purchased compressing to one day." Six Park has now lowered its minimum investment to $5000 from $10,000 and is waiving investment management fees for ... |
| | | | ... going to come unstuck." Diversification is equally important, he said, especially in times of crisis or negative shock. "It is one of the key risk management tools and building a yield or income focused portfolio is no different - diversification is ... |
| | | | The chief executive of Catholic Super and Equipsuper has shared new data revealing a sharp increase in enquiries on life insurance and updates to death nominations for essential workers. Scott Cameron said the five offerings over which he serves as ... |
| | | | ... "The investment split between P&C and L&H Insurtech funding is the largest we have observed since Q3 2016," WTW said. "...One could argue that, again, COVID-19 is a likely culprit for this stark disparity between P&C and L&H." |
| | | | ... recklessness," Keating said. If the ATO determines that a trustee has failed to take reasonable care, 20 penalty units will apply, each one worth $210. That means a trustee will receive a penalty of $4200 if their behaviour suggests they failed to take ... |
| | | | ... ability to adjust client portfolio strategies more readily in the quickly changing investment environment," Karagianis said. "One thing we can say is that the crisis and the associated market volatility has given greater focus to the importance of appropriate ... |
| | | | ... period facing Australia's superannuation sector as "Darwinian". "I think we will look back at this period as a rather Darwinian one for Australian superannuation in many respects," Watson told the panel. While Watson is unsure of how many super funds ... |
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