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Showing 701 - 710 of 5169 results for "Money101"

BUSSQ sees strength in niche super

ELIZABETH FRY  |  FRIDAY, 30 SEP 2022
The choice to replace BUSSQ chair Paula Masters with a builder with years of hands-on industry experience makes sense. Chris Taylor hails from a very different background from the chairs of other super funds. It is an unusual appointment, alright. He ...

ASIC issues stop order on third property fund

CASSANDRA BALDINI  |  FRIDAY, 30 SEP 2022
ASIC has made its third interim stop order this month on another property fund after it failed to meet target market determination (TMD) requirements. Australasian Property Investments Limited (APIL) is the most recent fund manager to be detected by ...

ASIC updates remediation rules

CHLOE WALKER  |  TUESDAY, 27 SEP 2022
The corporate regular has refreshed guidance on remediation activities, as it reveals close to $2 billion in redress remains unpaid. Over the past six years, ASIC has overseen at least $5.6 billion in remediation for an estimated seven million consumers ...

Laureola Advisors launches new fund

CHLOE WALKER  |  MONDAY, 26 SEP 2022
The US based advisory firm has launched a new fund, investing exclusively in life settlements, as the business sets in motion plans for growth in Australia. With a minimum investment of US$5 million, the fund targets an 8% net return to investors, is ...

Caddick mansion officially on the market

JAMIE WILLIAMSON  |  MONDAY, 26 SEP 2022
The listing for the Dover Heights home that Melissa Caddick disappeared from in November 2020 has gone live, with hopes the sale will help return money to those she ripped off. Listed for sale with Sydney Sotheby's International Realty, 5 Wallangra ...

Female Excellence in Advice Award winner named

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2022
Amie Baker of Rekab Advice has taken out the gong, now in its 10th year. The award, which is presented by both the Association of Financial Advisers and TAL, recognises the talents and contributions of female financial advisers and the work they do ...

Time to throw out the antiquated lifetime annuity mindset

ANDREW MCKEAN  |  FRIDAY, 23 SEP 2022
Lifetime annuities have often been set and forget products - very stable, very predictable and linked to one asset with total inflexibility - but that's completely changed, Generation Life chief executive Grant Hackett said. The perception of traditional ...

Still work to do on QAR: Levy

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
Michelle Levy recounted hearing feedback on the Quality of Advice Review (QAR) for the first time to a panel comprising Association of Financial Advisers chief executive Phil Anderson, Financial Planning Association of Australia chief executive Sarah ...

Active Super expands digital offering

CHLOE WALKER  |  WEDNESDAY, 21 SEP 2022
The super fund introduced Super View, a new online data tool allowing members to see the identity, value and weightings of their investments. The tool provides members the ability to see how their money is invested across a range of asset classes and ...

AMP cops $14.5m penalty over fees for no service

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
Five AMP companies will pay $14.5 million for charging close to 1500 superannuation members fees for no service over the course of about three years. The Federal Court handed the fine to AMP Superannuation, AMP Financial Planning, Charter Financial ...