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Showing 701 - 710 of 14039 results for "Down"

Court sentences Ponzi scheme promoter

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... promoter of Courtenay House for his involvement in one of the country's biggest Ponzi schemes. David Sipina was handed down three years' imprisonment to be served via an intensive correction order after pleading guilty to two charges. In March ...

Court finds CFD issuers engaged in 'unconscionable conduct'

ELIZA BAVIN  |  MONDAY, 23 DEC 2024
The Federal Court has found that collapsed contracts for difference (CFD) issuer, Union Standard International Group (USG) and two of its former corporate authorised representatives, BrightAU Capital (trading as TradeFred) and Maxi EFX Global AU (trading ...

New tool will streamline regulation: Chalmers

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... and highly regulated sector. Ensuring regulatory changes are well coordinated and sequenced helps keep implementation costs down, ultimately benefiting working Australians by ensuring every dollar in super works harder for their retirement," Delahunty ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... superannuation sector was a major driver of audience interest this year with a number of corporate funds merging or shutting down. Further, executive pay packets and job-hopping also garnered interest. But there were also some industry scandals that ...

Analyst Moves: Franklin Templeton, JANA, Bain, MLC

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
Franklin Templeton has confirmed that Francyne Mu will step down from her role as portfolio manager and research analyst within the equity group. The asset manager said it is not looking to replace the role - that the team is well-resourced globally. ...

The productivity bubble has burst: Productivity Commission

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
... unemployment. Productivity Commission senior research economist James Thiris noted that the strong labour market likely weighed down productivity growth, as many new, younger, less experienced workers joined the labour force - which can act as a drag ...

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... member meeting this month, quashed any notion of allowing members to have voluntary exposure to bitcoin. He also swatted down suggestions that other pension funds are investing in bitcoin. "... we're not seeing much evidence of that at all. What ...

Cost-of-living worries drain retirement confidence: MFS

KARREN VERGARA  |  TUESDAY, 17 DEC 2024
... Only 23% of more than 1000 participants canvassed are confident they will be able to retire at the age they want, which is down from 26% in 2023. According to the annual Global Retirement Survey, managing day-to-day financial obligations was a top concern ...

ASIC sues HSBC Australia over $23m scam losses

MATTHEW WAI  |  MONDAY, 16 DEC 2024
... Australia compounded the problem by failing to comply with its obligations under the ePayments Code and let its customers down when they needed their help the most, on average taking 145 days to investigate customers' reports that they had been scammed," ...

Hostplus' AFCA complaint response times lag

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... takes to deliver a death benefit claim from the notification of death to the payment - something which ASIC has been cracking down on super funds for of late. Hostplus took on average 209 days in the quarter ending March 31 and 186 days for the quarter ...