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Showing 61 - 70 of 445 results for "Term Deposits"

Mayfair sues Mission Beach lender

ELIZABETH MCARTHUR  |  THURSDAY, 14 APR 2022
Mayfair 101 and its founder James Mawhinney are now suing the financier that allowed the company to purchase property in Mission Beach. Mayfair 101 obtained bridging finance, to purchase the Mission Beach property, from Napla between late 2019 and early ...

Mawhinney appeals 20-year ban

ELIZABETH MCARTHUR  |  MONDAY, 11 APR 2022
... newspapers, on websites and via Google search advertising, when potential investors searched for terms such as 'bank term deposits' and 'best term deposit'. In December 2021, the court ordered Mayfair Wealth Partners to pay a $10 million penalty, M101 ...

NGS closes socially responsible option

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
... provided members with a gateway to direct investments, including ASX-listed companies, exchange traded funds (ETFs) and term deposits," the fund said in a note to members. "The NGS Self-Managed DIO has had very low member demand from NGS Transition to ...

SMSF sector grows 11%: ATO stats

JAMIE WILLIAMSON  |  TUESDAY, 22 FEB 2022
... by 7% to 33% in the five years to June 2020. These balances are typically held in listed shares (26%), cash and term deposits (21%), unlisted trusts (12%), non-residential real property (10%) and limited recourse borrowing arrangements (7%). The sector ...

Mantis in new distribution partnership

JAMIE WILLIAMSON  |  MONDAY, 7 FEB 2022
... statutory title, underlying A-rated asset backing and tax credits while still yielding significantly more than cash and term deposits." "TEPs are one such asset class, that until now have only been accessible to a handful of private investors/institutions. ...

Mayfair 101 files new appeal

ELIZABETH MCARTHUR  |  TUESDAY, 25 JAN 2022
... Mayfair misled investors to believe its debenture products were comparable to and had a similar risk profile to bank term deposits. The products, both unsecured promissory notes, were promoted online by several Mayfair 101 Group companies, including ...

Federal Court fines Mayfair $30m

CHLOE WALKER  |  THURSDAY, 23 DEC 2021
... Mayfair misled investors to believe its debenture products were comparable to and had a similar risk profile to bank term deposits. The products, both unsecured promissory notes, were promoted online by a number of Mayfair 101 Group companies, including ...

Investors demand credible climate information

ANNABELLE DICKSON  |  MONDAY, 13 SEP 2021
... surveyed 1024 Australians with a minimum of $10,000 invested in either managed funds, direct shares, private equity or term deposits. "Managing climate risk is now becoming a permanent part of doing business in Australia, regardless of your industry ...

SMSF establishments soar

ANNABELLE DICKSON  |  MONDAY, 6 SEP 2021
... estimated assets of SMSFs are just over $822 billion with 28% of SMSF assets held in listed shares and 18% in cash and term deposits. Meanwhile, the gender gap of SMSF members is narrowing with 53% of SMSF members being male and 47% female. The majority ...

Fiducian's FUA inches to $4bn

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... separately managed accounts administration. Offerings include 15 multi-manager funds, 57 external managed funds and term deposits. All in all, funds under management, administration and advice reached $10.4 billion, up from $8 billion on the prior corresponding ...