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Showing 791 - 800 of 2489 results for "Link"

Grow Super co-founder in alleged betting scandal

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
The co-founder of Grow Super, a fund marketed to millennials, has resigned, allegedly as a result of his involvement in an NRL betting scandal. Grow Super co-founder and chief executive Joshua Wilson has stepped down from his role due to the alleged ...

USD exposure benefits investors: ETF Securities

ELIZA BAVIN  |  TUESDAY, 26 MAY 2020
Adding exposure to currency fluctuations can help to ensure investors' portfolios are well-diversified especially in volatile markets, according to ETF Securities. During a period where asset prices and exchange rates are fluctuating unpredictably ...

Blame put on businesses for JobKeeper error

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
Treasury and the Australian Taxation Office have issued a joint statement in relation to the reporting error in the estimates of the number of employees likely to access the JobKeeper program. The enrolment forms completed by over 910,000 businesses ...

Balanced funds fundamentally flawed

ALLY SELBY  |  MONDAY, 25 MAY 2020
A Melbourne-based investment manager has blasted balanced options in superannuation funds, arguing that despite their "diversification" they fail to perform in market downturns. Many traditionally balanced funds hold anywhere between 60% to 80% exposure ...

From fines to prosecution: The penalties are in

ELIZA BAVIN  |  THURSDAY, 21 MAY 2020
The Australian Taxation Office has provided insight as to the penalties that will apply to Australians who have accessed the Early Release of Super scheme despite not being eligible. The ATO has urged all Australians to carefully review the eligibility ...

Westpac announces executive changes

ALLY SELBY  |  TUESDAY, 19 MAY 2020
Westpac has announced several executive changes - with two of its staffers jumping ship for opportunities overseas and another appointed to lead the group's financial crime and compliance function. Westpac chief executive of consumer David Lindberg ...

Powerwrap inks strategic partnership

HARRISON WORLEY  |  MONDAY, 18 MAY 2020
Powerwrap is now the global administration partner of a New York based alternative investments platform provider. The Australian platform provider has inked a deal to be administration partner of Qualis Capital. The firm is new on the scene, and plans ...

Super must come together over cybercrime

HARRISON WORLEY  |  THURSDAY, 14 MAY 2020
... criminal activity," Bower said. "What we're seeing now, unfortunately, reinforces that the system is only as good as its weakest link." Bower said funds with trusted memberships should use their strong relationship with members to raise awareness of ...

Chief economist update: Easing does it (again)

BENJAMIN ONG  |  TUESDAY, 12 MAY 2020
Easing of central bank monetary policy settings helped equity markets rebound and economies to recover from the "Great Recession" wrought by the Global Financial Crisis of 2009. Easing - this time, of social distancing and lockdown restrictions (implemented ...

ASIC delivers thinly veiled warning

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
ASIC has warned consumers about advertising that compares fixed-term investment products to bank term deposits, the issue it is pursuing Mayfair 101 over. ASIC said a surge in marketing of fixed-term investment products in recent months had prompted ...