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Showing 61 - 70 of 172 results for "Gambling"

ATO cracks down on ERS misuse

ELIZA BAVIN  |  MONDAY, 22 JUN 2020
... troubling reports of bank data showing money from super was being spent on discretionary items like alcohol, furniture or gambling." ISA said members should think carefully before accessing the scheme as it comes with a hefty price tag at retirement ...

Men gamble ERS payment away: Research

ELIZABETH MCARTHUR  |  MONDAY, 15 JUN 2020
... super early are more likely to spend on essential items like supermarket shopping and utility bills, men have gone on a gambling binge. Men's spending on gambling was 93% higher than women's. Men who accessed their super early spent an extra $290 a fortnight ...

Super withdrawals being misused

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
... situation that was entirely avoidable." Meanwhile, 14% of the money was used to repay personal debts. 11% was spent on gambling. Bligh urged the government to institute some "checks and balances" for the next round of early release payments, saying Illion's ...

AMP, Pendal launch new managed portfolio

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
... portfolio will be guided by three principles: transitioning to a low-carbon economy; avoiding thermal coal, tobacco, gambling, pornography and controversial weapons; and encouraging sustainable social and environment outcomes for the community in a positive ...

Fund pulls mandate, alters pandemic definition

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAY 2020
... the environmental and social issues important to QSuper members. It committed to a minimal exposure to fossil fuels, gambling and adult entertainment in the option. The fund already screens out tobacco and controversial weapons across all its options. ...

COVID-19 creates case for robo-advice

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... hobby day traders, Garrett feels for them. "The value of investment has a lot to do with time in market. Day trading is gambling and the house usually wins," he said. "The average punter sees the markets going up and down each day and they think they ...

Pinnacle adds new boutique

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... UCITs fund in near future. "We are not going to allocate capital to industries with negative social utility such as coal, gambling, tobacco and defence equipment makers. "Pursuing an active engagement agenda on every company held in the portfolio is ...

Time for financials to step up: Study

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... animal cruelty, 54% about tobacco, 51% about human rights abuses and 50% were concerned about their super contributing to gambling issues. O'Connor said that Australians believe ethical investments can generate long-term profits. "People are seeing ...

CBA in court over RC case studies

ELIZABETH MCARTHUR  |  MONDAY, 16 MAR 2020
... debt with CBA and that he had pleaded with the bank to stop offering him more credit, telling them upfront that he had a gambling problem. Harris told the Royal Commission that the only way he could see he would be able to pay off the debts was to try ...

Praemium rolls out investment tools, options

HARRISON WORLEY  |  TUESDAY, 10 MAR 2020
... functionality, Praemium now offers advisers the ability to automatically screen portfolios across nine screens, including tobacco, gambling, animal testing and three separate fossil fuel options. In addition to the new screens, advisers using Praemium ...