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Showing 51 - 60 of 5638 results for "Money"

Aussies want control of nest eggs: FSC

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... retirement; only 12% were "very confident". Men tend to be more confident than women when it comes to managing their retirement money - 39% compared to 37% respectively. FSC chief executive Blake Briggs said there is significant risk for the government ...

Commonwealth Bank slapped with $10.3m fine for wage theft

ANDREW MCKEAN  |  FRIDAY, 16 FEB 2024
... that stood by Commonwealth Bank workers and can finally see them win justice," she said. "Wage theft robs working people of money they are rightfully owed and denies them the ability to buy the necessities they need to live. This is real money owed to ...

ASIC files lawsuit against unlicensed director, companies

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2024
... He has previously been banned from providing financial services by ASIC; in 2015 - after he had already started sourcing money from investors in this current scheme - another Paladin company Hodgson was director of was found to have failed its obligations ...

Former director pleads guilty to hedge fund con

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
... exchange products and commodities to produce a return. However, no such products existed, and Sandiford simply deposited the money into bank accounts held in his own name. It was then used to fund personal expenses and for other purposes unrelated to ...

Jailed adviser permanently banned by ASIC

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
... $1,056,685.18 from some of his clients' self-managed super funds. Between July and August 2019, he was found to have used all the money to feed his gambling habit. At the time, he was sole director and shareholder of Platinum Perpetual Global Private ...

Fund selectors harbour AI bubble fears, affirm belief in its longevity

ANDREW MCKEAN  |  THURSDAY, 8 FEB 2024
... strategies to account for increasingly volatile geopolitical forces and an uncertain macro-economic outlook. "With investors' money on the line, it's no surprise that fund selectors are turning more towards active management to help navigate these challenging ...

ASIC issues interim stop orders against Keystone

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
... that investors can withdraw amounts from the fund weekly when redemptions are actually at the discretion of Keystone and money can be locked up for up to two years. Finally, ASIC said the PDSs don't adequately disclose the conflicts of interest associated ...

Scarcity buys stake in asset manager

KARREN VERGARA  |  MONDAY, 5 FEB 2024
... opportunities this partnership will bring to delivering even better solutions our valued partner firms." Scarcity said it raised the money from family offices and high-net-worth investors and its owners. "Evidentia's deep domain expertise in financial ...

Dirigere Advisory rebrands to Intelligent Planning

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... Intelligent Planning is designed to help fill that gap." Osborne said that Intelligent Planning will be part of Intelligent Money Partnership, an integrated financial services offer that is currently in development. "Listening to our financial advice ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... University research reveals that since the Russia-Ukraine conflict, investors - including super funds - have shifted their money into the defence sector as they recalibrate ethical considerations and chase increased financial incentives. Associate professor ...