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Showing 711 - 720 of 6227 results for "Money"

Cbus scolded over 'most galling conflict' in super

ANDREW MCKEAN  |  TUESDAY, 3 OCT 2023
... HAFF, as announced by Swan last year. He questioned the rationale behind the commitment of $500 million of members' money to the HAFF, when the fund itself appears to have had "major doubts" about the bill. "Mr Swan and his board have a duty to put ...

Super tax break changes open for consultation

KARREN VERGARA  |  TUESDAY, 3 OCT 2023
... will then be used to reduce the amount of super earnings in future income years. "The change will not alter the amounts of money people can put into super, and it applies to future earnings - it's not retrospective," Chalmers said. "The amendments ...

Skynet adviser stole $10.2m: Court

KARREN VERGARA  |  THURSDAY, 28 SEP 2023
... accounts to make property investments. Some of the victims were unaware that he had such access. Nugara would then transfer money from these SMSF accounts into his personal accounts. Nugara convinced clients that he was developing properties from which ...

Former adviser lands in jail

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... misappropriating $1,056,685.18 by either helping clients set up or maintain self-managed super funds. Sebo used all the money to feed his gambling habit between July and August 2019 while he was sole director and shareholder of Platinum Perpetual Global ...

US regulator fines DWS US$25m for greenwashing, AML offences

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023
... and Exchange Commission US$25 million to settle charges stemming from greenwashing claims and failures to develop an anti-money laundering (AML) program for mutual funds it advised. In the case of greenwashing, the SEC found that DWS made "materially ...

Older Aussies are retirement illiterate: Survey

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... when clients include age care in their plans, they may not do so explicitly, husbanding their assets to ensure they have money to cover entry and ongoing fees if they eventually need to go into aged care. That can lead to sub-optimal results when compared ...

Adviser exam records 73% pass rate

JAMIE WILLIAMSON  |  FRIDAY, 15 SEP 2023
... three core areas: financial advice regulatory and legal obligations, including Chapter 7 of the Corporations Act, the Anti-Money Laundering and Counter-Terrorism Financing Act, the Privacy Act and the Tax Agent Services Act; applied ethical and professional ...

Former van Eyk chief cops permanent ban

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... a director of Blueprint to recommend and facilitate a $5 million investment in the Wholesale Enhanced Income Fund. That money was then loaned to TAA Melbourne to buy a share of van Eyk, of which Thomas was chief executive. This was done to prevent a ...

Investing in research generates threefold economic output

ROSE MARY PETRASS  |  THURSDAY, 7 SEP 2023
... indirect jobs will be created in Australia by the NCGP. ARC chief executive Judi Zielke said the report shows NCGP is value for money and delivers exceptional outcomes, with every $1 of research that the ARC funds generating $3.32 in economic output ...

Spaceship launches US investing service

JAMIE WILLIAMSON  |  WEDNESDAY, 6 SEP 2023
... to democratise access to the US market. "Our mission is to transform the way young Aussies think about and invest their money, and this new US Investing service plays an important role in expanding our investing ecosystem," he said. He added that the ...