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Showing 771 - 780 of 6145 results for "Money"

FPA voices concern on proposed CSLR, FAR laws

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... "An effective CSLR will promote trust in financial advice among consumers - by ensuring that if retail consumers have lost money due to poor advice, there is a compensation mechanism available," FPA chief executive Sarah Abood said. However, the legislation ...

Inflation decimates retiree purchasing power

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... Challenger's head of retirement Aaron Minney says the challenge for most people is having the confidence that their money is going to last; how do you spend and enjoy retirement without knowing how long spending will last? "The default solution for ...

Unpopular funds garner higher returns: Research

CHLOE WALKER  |  THURSDAY, 9 MAR 2023
According to a recent Rainmaker study, investors in international equities are making more money when they invest in products that are in net outflows. The analysis saw Rainmaker compare returns achieved by international equities products, calculated ...

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... critical for safeguarding consumers and holding financial institutions accountable for their actions. "When you have lost money due to poor advice or misconduct, you should not be denied compensation simply because the firm that did the wrong thing goes ...

In need of repair: Gender stereotypes and advice

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
... says. In Wealthwise senior financial adviser Manisha Bhudia's experience, the differences between how the genders manage money varies across the board. It is important to note that when advising clients, each one is different based on their experience ...

Challenger launches $250m unsecured note offer

ANDREW MCKEAN  |  TUESDAY, 7 MAR 2023
... offer of Challenger Capital Notes 4, a new type of unsecured note, to boost capital. The offer, which includes both a New Money Offer and a Reinvestment Offer, will be used to fund a subscription for Additional Tier 1 Capital for Challenger Life and ...

Bridgewater to restructure, pushes for global expansion

ANDREW MCKEAN  |  THURSDAY, 2 MAR 2023
... below its maximum size, which peaked at around $100 billion. The firm hopes that by restricting access to a smaller pool of money, it can capture opportunities in other strategies and allocate resources for new initiatives.

Advice firm launches Sharia-compliant platform

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
... the moment those with smaller lump sums are shut out from investing in Islamic compliant portfolios. And because putting money in interest generating accounts is forbidden for Muslims, they have limited options apart from just letting money sit there ...

Chalmers' promise to end super wars foiled by criticism

ANDREW MCKEAN  |  THURSDAY, 2 MAR 2023
... an interview with Sky News, Dutton expressed that he believed that Australians' superannuation is their hard-earned money, and that the basic principle of the system should be to protect their investments if they've followed the law. "I don't ...

SMSF sector hit the reset button: Research

CHLOE WALKER  |  TUESDAY, 28 FEB 2023
... benefits are paid. In 2017 just 14% were paid as lump sums, but this ratio has tripled to 42% in 2022, it said. The amount of money being transferred into and out of the SMSF sector has also held up, even increasing slightly. Last year, the value of ...