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Showing 681 - 690 of 3996 results for "Personal"

Illegal early release of super sees director banned

CHLOE WALKER  |  TUESDAY, 18 APR 2023
... who didn't meet the conditions for early release of super that they could access their super early to buy a home or pay personal debts. Edden-Brown also assisted consumers in doing so, despite not meeting the conditions, so they could repay personal ...

Why clients fire their financial adviser

KARREN VERGARA  |  MONDAY, 17 APR 2023
... The first is that the adviser failed to get to know the client as a person and did not take the time to find out their personal and financial goals. Some reasons related to a specific issue with an adviser's service began with not recognising the ...

Fraudster sentenced to eight years behind bars

CHLOE WALKER  |  MONDAY, 17 APR 2023
... year, Silver pleaded guilty to misappropriating $1.815 million from the scheme companies by transferring funds to his personal bank account, making payments to company employees and paying returns to other investors. Many of the investors were pensioners ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
... whether it will adopt the Quality of Advice Review recommendation for a modified 'good advice' duty requiring personal advice to be both 'fit for purpose' and 'good'. However, with just 16,000 financial advisers and five million ...

Former Shaw and Partners adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 13 APR 2023
... his clients at significantly different prices. He then used the price margin for his own purposes, including paying off personal debts. ASIC said Ridgway also disguised that a related party was the true owner and seller of the shares he had arranged ...

Digital advice association in the works

CASSANDRA BALDINI  |  TUESDAY, 11 APR 2023
... the only definition," he said. "But we define digital advice very simply as the digital channel delivery of regulated personal advice." He said, in practice, this form of advice will often be delivered in a hybrid manner. "What you see happening is customers ...

Top rated superannuation products in Australia revealed

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
... passed all the benchmarks to receive a AAA-rating. The 158 AAA-rated products consist of 68 workplace products (43%), 36 personal products (23%), and 54 retirement products (34%). Retail super funds accounted for 28% of AAA-rated products, with not-for-profits ...

Mercer Super names key executives

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
Following the merger with BT Super, Mercer Super has a new chief investment officer and a personal super and member experience lead. Corrin Collocott has been named chief investment officer, Mercer Super and Multi-Sector. He will also play a deputy ...

Spark Financial Group launches digital investing solution

CASSANDRA BALDINI  |  WEDNESDAY, 5 APR 2023
... available to the general public, we are also building a strong, knowledgeable and engaged pipeline of clients who may require personal advice in the future," he said. "After gaining confidence and trust with Spark, we can connect investors to an adviser ...

Curbing super tax breaks for the wealthy: Consultation opens

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
... use their super funds, even selecting a specific fund if they hold multiple accounts. This tax remains separate from personal income tax, like the existing Division 293 tax. Should the proposed increase in the concessional tax rate be implemented as ...