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| | | ... 'one-size-fits-all' investment advice was given to clients. It required clients to invest significant amounts of money in index funds, using "double gearing" - the Storm model. It involved taking out a home loan and a margin loan in order to ... |
| | | | ... can make a huge difference to a person's balance at retirement. But it will also cause a significant blow to the super funds themselves and so it makes sense the sector would look to deter people from making such a move. Throughout the week Financial ... |
| | | | Phil King's Regal Funds Management has returned money to external investors for one of its smaller funds, but will continue to run the strategy internally. The Regal Global Equity Income Fund used a quantitative approach to screen for relative value ... |
| | | | ... Intensive Corrections Order. In May 2019, Martin pled guilty to offences that saw him dishonestly obtain $208,000 in client funds. His sentencing for three charges in relation to his activity as an adviser saw him receive an aggregate sentence of three ... |
| | | | ... hit very hard, particularly tourism, retail shopping (apart from supermarkets), and hospitality," Rice Warner said. "Some funds have a high portion of members from these industries so they will bear a disproportionate share of the impact - and will be ... |
| | | | ... chief investment officer Chris Andrews said. "Given the extent of the crisis, we are overweight cash in our shorter term funds to ensure we can meet redemptions." La Trobe's working case for the economic outlook in terms of COVID-19 is slightly bleaker ... |
| | | | Self-managed super fund professionals and trustees may be feeling some deja-vu, as the same measures that were used in 2008 have been brought in to guide the sector through the COVID-19 pandemic. Terry Pinnell, chair of the Ethical Advisers' Co-op ... |
| | | | ... news, online, government information and radio were the main ways to access information on the impacts of COVID-19. Super funds made the top four of their most trusted sources. To collate this information, MLC Wealth conducted two sentiment surveys ... |
| | | | ... according to CFS. Clients have been advised to nominate alternative cash management accounts, or other means to withdraw their funds by May 15. Accounts will be closed around May 29. CFS and Bankwest are reminding clients to expect longer-than-usual ... |
| | | | ... April. "Once the results of the sale become known the board will make a further announcement on the application of these funds and capital management plans," OVH said in company filings. About a month ago, Ernst and Young said it had found a buyer for ... |
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