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Showing 41 - 50 of 5643 results for "Money"

Baby boomers turn to local private debt: Research

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... care regarding portfolio construction, while the second aspect is identifying the demographic investor profile where the money is in Australia. "We note that between 2023 and 2040, the 65-plus age cohort in Australia will grow by 42%," Foresight Analytics ...

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
... timeframe. Continuing the pattern of retail fund supremacy in the performance rankings, a lifecycle product from Virgin Money also delivered a 11.2% return. However, over a three-year period ending January 31, the script flips: Mine Super's - High ...

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... news articles and deepfake videos to convince people that celebrities and well-known public figures are making huge sums of money using online investment trading platforms, when in fact it is a scam." Reports to Scamwatch indicated the most prolific ...

ASIC takes further action on Prospero

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... pushing for Prospero Markets to be wound up following revelations that it was linked to one of Australia's biggest-ever money-laundering operations. Former officers and responsible managers of over-the-counter (OTC) derivatives issuer Prospero are embroiled ...

Long-term cost of super early release to be $85bn: SMC

CHLOE WALKER  |  FRIDAY, 1 MAR 2024
... the devastating consequences of schemes that break super's preservation rules," she said. "People are left with far less money at retirement, and the next generation - our children and grandchildren - will have to pay higher taxes to pick up the bill ...

Pallas Capital, Ares launch $500m lending fund

CHLOE WALKER  |  THURSDAY, 29 FEB 2024
... funding partners. PFT aims to further expand Pallas' presence in the local commercial real estate (CRE) debt market by lending money on pre-development loans, residual stock loans, and investment property loans. It will target medium-sized CRE loan types ...

Super assets reach $3.7tn

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... 7% to $913.7 billion. Industry funds' assets under management (AUM) of $1.3 trillion is where most Australians park their money, growing 15% year on year. Retail super funds' AUM grew at a slower pace of 8% to reach $713 billion. There are now 108 APRA-regulated ...

Five megatrends shaping financial services: McCrindle

CHLOE WALKER  |  FRIDAY, 23 FEB 2024
... the generation where the wealth relative to the population is the greatest." Interestingly, this generation is using its money in altruistic ways beyond themselves. "We've got a generation helping their children and particularly their grandchildren in ...

Proposed super tax requires perspective: Expert

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... so. Younger members from 40- to 60-years-old who are likely to hit $3 million currently wonder if they should keep putting money into super. "If they do [get to $3 million] and they've done it by making lots of extra concessional contributions or ...

New caps can increase super contributions: SMSFA

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... their SMSF, appreciating they are a genuine platform for their retirement savings strategy. For those who opt to take their money out of superannuation because of this change, Heffron flagged issues that must be considered including the impact of large ...