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Showing 581 - 590 of 5174 results for "Yes"

Client drags advice firm, advisers to court

KANIKA SOOD  |  WEDNESDAY, 20 MAY 2020
A woman has dragged an advice firm and its leads to court, claiming they took control of her bank accounts and misappropriated about $1.4 million of her money. Danusia Giam is seeking compensation from Melinda and Robert Patterson and three related ...

FASEA blame game on in earnest

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
Both the government and the opposition have been happy to blame one another for the Parliament's failure to pass the FASEA extension bill this week. Was the parliament's failure to pass the FASEA extension a cheap political stunt by the opposition ...

Merging super funds guaranteed tax relief

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
Superannuation funds are set to permanently avoid negative tax outcomes upon merging, after an amendment bill sailed through parliament yesterday. While the FASEA extension stalled yesterday, the parliament successfully shepherded the government's Treasury ...

ISA questioned over political donations

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAY 2020
... I'm as confused at the beginning as I was at the end as to what your position is," Falinski said to Dean. "It should be a yes or no answer." Falinski then asked that the record reflect that ISA refused to answer the question. Wilson also asked how ...

Regal Atlantic fund perks up in April

KANIKA SOOD  |  THURSDAY, 14 MAY 2020
Regal's Atlantic Absolute Return Fund posted a 14% rise in April, looking up from its -58.6% returns for March and -32% for February. The fund, which invests in global stocks and aims to max returns regardless of market fluctuations, benefited from ...

Chief economist update: Powell blamed for fall on Wall Street

BENJAMIN ONG  |  THURSDAY, 14 MAY 2020
Was it something I said? Yes sir, Mr. US Fed chair Jerome Powell, it was. Today's headlines not only infer, but blame your words for the fall on Wall Street overnight. The Wall Street Journal published: "The Dow Jones Industrial Average dropped ...

Mudslinging over FASEA extension continues

HARRISON WORLEY  |  WEDNESDAY, 13 MAY 2020
Labor has slammed the Association of Financial Advisers for spouting untruths over the path of the FASEA extension bill through the Senate. Shadow Assistant Treasurer and Shadow Assistant Minister for Financial Services Stephen Jones told Financial ...

Morningstar downgrades two Vanguard funds to neutral

KANIKA SOOD  |  WEDNESDAY, 13 MAY 2020
Two unlisted funds from Vanguard have had their retail share classes downgraded at Morningstar, with the ratings house bringing attention to the vehicles' higher fees compared to their listed or wholesale versions. The lower-investment-minimum share ...

Investors pile into companies on life support

ALLY SELBY  |  TUESDAY, 12 MAY 2020
News that the Australian economy may be opening sooner than previously thought saw the S&P/ASX 200 surge on Monday, with investors buying into heavily sold-off sectors. Today, markets have dropped on fears of a second wave, with news of fresh cases ...

APRA releases fund-level ERS data

JAMIE WILLIAMSON  |  MONDAY, 11 MAY 2020
APRA has released fund-level data showing the progress of the early release of super scheme, with 96% of requests being met within five business days. However, several funds have taken far longer. APRA's figures to May 3 show 830,000 payments were ...