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Showing 781 - 790 of 6145 results for "Money"

ASIC bans mortgage broker for eight years

KARREN VERGARA  |  MONDAY, 27 FEB 2023
... has been banned from working in financial services for eight years. Christine Betty Childs, who was the director of Think Money and Think Money Wealth Through Property, both of which are now in external administration, recommended clients invest in property ...

Unlicensed investor pleads guilty to fraud charges

CHLOE WALKER  |  FRIDAY, 24 FEB 2023
... Orb Global Investments chief executive Akhilesh Kamkolkar has pleaded guilty to charges relating to $1 million of investor money he spent for himself. A further two offences of carrying on a financial services business without a licence will also be ...

New front in super wars, stability at risk: Opposition

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
... Treasurer argues that superannuation should be used for nation building, he doesn't just misunderstand that it's not his money, he fundamentally misunderstands how the economy works," he said. "Arguments that super is not doing enough, by delivering ...

Perpetual profits halve post-Pendal deal

CASSANDRA BALDINI  |  THURSDAY, 23 FEB 2023
... that we were attracted to." One analyst noted that paying a 25 to 40% premium for control is a very significant amount of money. They replied: "Ultimately it was the judgement of the board's that that was the only way that the businesses would come ...

Link due to settle defunct Woodford fund with FCA

KARREN VERGARA  |  MONDAY, 20 FEB 2023
... Income Fund. The case has dragged on since 2019, when fundie Mark Woodford went on YouTube to apologise to investors, whose money was trapped in the fund as it faced liquidity issues. Link announced to the ASX today that its UK business Link Fund Solutions ...

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
... to use their super to buy their own homes is a more "dignified" use of their funds, rather than have super funds use the money to buy properties that individuals then rent. He also claimed that early access to super can be a dignified solution for those ...

Women the future of advice: Netwealth

CASSANDRA BALDINI  |  MONDAY, 13 FEB 2023
... building exercise, whereas 45% wanted to generate an additional income stream, 34% wanted somewhere other than the bank to keep money and 31% wanted to leave something for their family. Another trend highlighted is 64% of women prefer to invest in more ...

The great super cover up is over: Bragg

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
... votes to 21. As such, the rules requiring super funds to itemise and disclose information about their spending of members' money will remain intact. Last year, the government legislated that super funds' non-political donations would be aggregated and ...

Value companies to outperform in 2023: VanEck

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
... the US tech sector has rallied, it's unprofitable and likely to be short lived, McCormack said. "Investors chasing easy money in tech growth stocks should be wary of prolonged macroeconomic headwinds facing the sector," he said. Meanwhile, McCormack ...

Put controls in place for super funds: Associations

CASSANDRA BALDINI  |  THURSDAY, 9 FEB 2023
... advice and not be held to FASEA standards or the best interests duty. "So, the government of the day paid a large sum of money to an organisation to write a report to ignore the recommendations of a Royal Commission," an adviser stated. Levy acknowledged ...