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Showing 6181 - 6190 of 28263 results for "NOT"

Aussies to lose $100m to fraudsters

KARREN VERGARA  |  THURSDAY, 1 APR 2021
... of scam losses are likely to keep surging as fraudsters exploit new avenues to mint money from victims. With the pandemic not yet fully contained, more people will still turn to digital platforms for managing finances," Finbold said. Other scams include ...

ASIC cracks down on binary options

ELIZABETH MCARTHUR  |  THURSDAY, 1 APR 2021
... binary option trading, with ASIC's MoneySmart noting in instances where the provider becomes insolvent the investor might not get their money back. "Determine the true odds of an event occurring from the binary price (the 'implied probability'). ...

APRA takes action against Macquarie

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
... period of intensified supervision to advance this work as quickly as possible." APRA noted the breaches are historical and do not impact Macquarie's current capital or liquidity positions.

ASIC sues CBA over monthly fees

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
... corporate regulator alleges CBA made false representations that it was contractually entitled to charge the fees when it was not. Furthermore, it is alleged the bank told new customers eligible for the fee waiver that it had systems in place to provide ...

AMP names new chief executive

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
After a week of speculation, AMP has confirmed its chief executive Francesco De Ferrari will step down following the group's portfolio review and has named his successor. Alexis George has been at ANZ for over seven years as deputy chief executive ...

Super runs out before death: ASFA

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
... prioritisation of savings during accumulation phase and the ability to live off the return on their capital. "If this does not change, as the superannuation system matures, superannuation balances will be larger when people die, as will inheritances. ...

Unlisted assets deliver modest returns

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
... is distorted and ultimately lowers volatility. The research house found that MySuper funds invested in unlisted assets did not deliver a performance premium. "This is demonstrated by the correlation matrix that shows that MySuper investment returns across ...

Mason Stevens bolsters Melbourne team

ANNABELLE DICKSON  |  WEDNESDAY, 31 MAR 2021
... Stevens co-chief investment officer and managing director Tom Bignill left his role after 11 years. Bignill's role will not be replaced, and Vincent Hua has taken up the position as sole chief investment officer and chief executive. Mason Stevens ...

Risk inflows stagnant, satisfaction varies

ANNABELLE DICKSON  |  WEDNESDAY, 31 MAR 2021
Risk premium inflows experienced marginal decreases in the 12 months to December 2020 as the gap in consumer satisfaction grows, new research shows. The latest data from Plan For Life showed total inflows increased 0.5% to $16.3 billion with just a ...

Chief economist update: Too much of a good thing could be a bad thing

BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2021
... "Consumers' renewed optimism boosted their purchasing intentions for homes, autos and several big-ticket items". And why the heck not? US consumers' fear of catching the bug is diminishing as cases of covid-19 infections drop and vaccines roll. ...