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Showing 551 - 560 of 3795 results for "HOME"

Court ruling reiterates need to comply with AFCA

CASSANDRA BALDINI  |  WEDNESDAY, 25 JAN 2023
... with the Australian Financial Complaints Authority (AFCA) or face penalties. The ruling came in a case ASIC brought against home finance companies, General Commercial and Eden Capital, which had refused to provide documents and information to AFCA, failed ...

APRA slaps conditions on Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... performance. They seek to codify recommendations of a third-party review of Diversa's operating model, APRA said. Diversa is home to about 320,000 members and over $11 billion in retirement savings. It is trustee of several superannuation products ...

Bloom raises $500k in seed funding

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2023
Fintech Bloom Impact has raised $525,000 in seed round funding. The climate impact app's funding round was led by Euphemia, the family office of Up co-founder Dominic Pym, and with Envato founders Collis and Cyan Ta'eed. Bloom Impact offers ...

Australia likely to avoid recession: Oliver

CHLOE WALKER  |  THURSDAY, 19 JAN 2023
... compared to other major central banks. "Thanks to poor weather, material and labour shortages, there is a large pipeline of home building approved but yet to be completed," he added. In addition, Oliver said that a rebound in Chinese growth is likely ...

Fraudsters jailed over international crypto scam

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JAN 2023
Four people have been jailed in the UK over a $37 million fraud carried out on an Australian cryptocurrency exchange five years ago. The UK's Crime Prosecution Service (CPS) said Stephen William Boys, Kelly Caton, Jordan Kane Robinson and James Austin-Beddoes ...

Pensioner work bonus top of mind for advisers

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... eligibility age for downsizer contributions became law. To be eligible, clients over 55 years of age need to have owned their home for 10 years or more. Downsizer contributions to a maximum of $300,000 do not count towards any of the contribution caps ...

Australia's 1% just keep getting richer: Study

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... dramatically reduce poverty in Australia. "Decades of tax cuts for the richest people and corporations have fuelled inequality at home and across the globe, with the poorest people paying higher tax rates than many high-flying chief executives and millionaires," ...

Apex Group acquires admin technology provider

JAMIE WILLIAMSON  |  THURSDAY, 12 JAN 2023
... are looking forward to deepening our relationship with Apex Group, an important existing client of PFS, and a supportive home as we continue to enhance and grow our market leading offering." Apex Group has been growing steadily in recent years, primarily ...

ASIC confirms advisers can offer home equity access guidance

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
ASIC has clarified that the Centrelink Home Equity Access Scheme isn't a credit product, allowing advisers to include it in retirement plans. Responding to an inquiry by Capital Advisory financial planner Michael Miller, ASIC said the operation of the ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... the time ACSRF had about $11 billion in funds under management and 85,000 members, while UniSuper is about $110 billion and home to more than half a million members. 6. AIA sells super investment business AIA is offloaded its $8 billion superannuation ...