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Showing 751 - 760 of 8459 results for "Day"

Fraudsters jailed over international crypto scam

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JAN 2023
Four people have been jailed in the UK over a $37 million fraud carried out on an Australian cryptocurrency exchange five years ago. The UK's Crime Prosecution Service (CPS) said Stephen William Boys, Kelly Caton, Jordan Kane Robinson and James Austin-Beddoes ...

Top 10 issues for super funds in 2023: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
... Lisa Butler Beatty and Linda Elkins said with global recession looking more likely in 2023, volatility looks the order of the day for share markets. "Retirees who may have switched their investments into higher growth options or shares to try to replace ...

Australia's 1% just keep getting richer: Study

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... billionaires today than there were in 2020. The fortunes of billionaires around the globe are increasing by $3.6 billion a day, while 1.7 billion workers live in countries where inflation is now overtaking wages. "Globally, the richest 1% have made nearly ...

Link Fund Solutions hit with further legal action

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2023
... Solutions is the subject of a new group action in England related to the now infamous Woodford fund failure. Law firm Leigh Day has served the action after it and another firm, Harcus Parker, had applications for a Group Litigation Order regarding their ...

Diverger acquires cyber technology firm

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2023
... said the acquisition is expected to be earnings accretive for FY23. "The partnership with Priority Networking facilitates the day-to-day technology infrastructure and cyber protection servicing of advice and accounting businesses needs whilst also providing ...

JPMorgan says fintech was a fraud, closes business

JAMIE WILLIAMSON  |  MONDAY, 16 JAN 2023
... week, JPMorgan shut down Frank, with the website now showing a message that reads: "Frank is no longer available." The next day, JPMorgan released its Q4 earnings, showing it has set aside US$1.4 billion in anticipation of a mild recession.

Australians neglecting their retirement: Super fund

CASSANDRA BALDINI  |  WEDNESDAY, 11 JAN 2023
... continue to flood the market meaning there is no shortage of places to stash your cash, but one super fund says the modern-day investor has lost sight of their superannuation. While more Aussies are engaged with investing, they are neglecting the most ...

Regulator issues interim stop orders

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
Deficiencies in its target market determination has seen interim stop orders placed on the Pivotal Diversified Fund offered by Vasco. Vasco Responsible Entity Services is prohibited from issuing interests in, providing a product disclosure statement ...

AMP, Dexus deal delayed

CASSANDRA BALDINI  |  MONDAY, 9 JAN 2023
... upon, the transfer of most legal entities within AMP's domestic real estate and infrastructure business and effective day to day management control of most of the platform would occur at first completion. First completion is contemplated to take ...

ASIC takes civil action against Firstmac

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
ASIC has commenced the first ever court case against a financial product distributor for alleged breaches of design and distribution obligations (DDO). The regulator commenced the civil penalty action in the Federal Court against Firstmac Limited following ...