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Showing 541 - 550 of 4023 results for "Personal"

Aussies want advice from their super fund: CFS

CHLOE WALKER  |  TUESDAY, 23 JAN 2024
... respondents who currently have a financial adviser. It found that almost half (44%) of consumers who have never received personal advice want their super fund to provide it. The majority of those (60%) who already have an adviser also want this. The ...

Gen Zs now 'loud budgeting': Research

CHLOE WALKER  |  MONDAY, 22 JAN 2024
... entertainment ($64), car journeys to save on petrol ($70), food delivery services ($96), and streaming services ($30). NAB Personal Banking executive Paul Riley said that in 2024, being 'cash conscious' is officially cool with terms like 'loud ...

Adviser registration deadline moves to February 16

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
... said failure to comply could incur significant consequences for unregistered financial advisers who continue to provide personal advice, together with their AFSL. "The provision of personal advice by unregistered advisers is prohibited and carries significant ...

Legalsuper investment strategy lead departs

ELIZABETH FRY  |  FRIDAY, 19 JAN 2024
The head of investment strategy at legalsuper has jumped ship for a chief investment officer role. Linda Trusler, who worked for the $5 billion superannuation fund dedicated to the legal community for almost five years, has joined Rajomon Asset Management ...

Advisers urged to check ASIC registration status

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2024
... (Hayne Royal Commission Response - Better Advice) Act 2021, all relevant providers must be registered with ASIC to provide personal financial advice to retail clients from next month. This obligation is separate to the requirement to be listed on the ...

Former UniSuper chief appointed to CSLR board

ANDREW MCKEAN  |  TUESDAY, 16 JAN 2024
... April 2024, offers up to $150,000 in compensation for eligible claims against insolvent financial firms in areas such as personal advice and securities dealing for retail clients.

Court fines Linchpin, Endeavour directors

KARREN VERGARA  |  THURSDAY, 11 JAN 2024
... used their positions by receiving unsecured loans from the unregistered Investport Income Opportunity Fund for their personal use. Daly received loans totalling $130,000 while Raftery took a $40,000 loan. The money was also used to make loans to then-subsidiary ...

CSLR estimates $241m to fund backlog of complaints

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2024
... eligible complaints - some 1556 - will result in a payment. The next largest provision is for other complaints related to personal financial advice, with the estimated number of successful complaints sitting at 284 and amounting to a claim cost of $27 ...

ASIC permanently bans adviser who stole client funds

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... Management accounts and guarantee them annual returns of 8%. He then was found to have used those clients' funds for personal expenses without permission, and failed to return the funds to clients even when redemption requests were made. Pagliacco was ...

Former director sentenced to over four years imprisonment

ANDREW MCKEAN  |  THURSDAY, 21 DEC 2023
... Investments, extracting more than $550,000 from the company's accounts to purchase shares in a security company for his personal benefit. ASIC froze the assets of Naseeruddin's companies in 2019, and successfully obtained orders in 2020 to wind ...