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Showing 811 - 820 of 4007 results for "Accounts"

Corporate advisor charged over $2m theft

CASSANDRA BALDINI  |  WEDNESDAY, 22 JUN 2022
... $1.882 million from his clients with the intent to defraud them. ASIC further alleged that Torre used funds from client accounts for his own benefit. Torre, who lives in Mosman Park, Western Australia, has used falsified credentials on LinkedIn, claiming ...

Mammoth aggregate returns for ETF investors

ANDREW MCKEAN  |  WEDNESDAY, 15 JUN 2022
... to managed funds and LICs." "What's also interesting is that more women are also investing in ETFs. We've found that accounts started by women have grown by 54%." Research indicated that ETFs have grown four times faster than the broader Australian wealth ...

Crypto companies halt withdrawals

ANDREW MCKEAN  |  TUESDAY, 14 JUN 2022
... extreme market conditions, today we are announcing that Celsius is pausing all withdrawals, swaps, and transfers between accounts. We are taking this action today to put Celsius in a better position to honour, over time, its withdrawal obligations." ...

AustralianSuper changes admin fees

JAMIE WILLIAMSON  |  TUESDAY, 14 JUN 2022
... including lowering administration fees for some members. According to the fund, members with less than $50,000 in their accounts will pay about 60% less than they currently do in admin fees while retired Choice Income pension account members will pay ...

Active Super, Vision Super mull merger

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
... Should the merger proceed, the funds will jointly manage approximately $26 billion in funds for around 169,000 member accounts. Active Super chair Kyle Loades said: "These merger discussions represent an opportunity to bring together two funds with a ...

Insignia combines investment management teams

JAMIE WILLIAMSON  |  WEDNESDAY, 8 JUN 2022
... directly managed single asset class strategies, including Antares Equities and Antares Fixed Income, property and managed accounts, and be led by Jason Komadina as general manager, direct capabilities and specialist investment services. Together, the ...

ASIC prosecutes market manipulator

CHLOE WALKER  |  TUESDAY, 7 JUN 2022
... relating to the manipulation. ASIC said that between September 2014 to July 2015, Govinda used 13 different share trading accounts, held in the names of friends and relatives, to manipulate the share price of 20 different listed stocks. Govinda's 'pump ...

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... (earlier: 2.7%; RBA: 2.0%), to account for a return to near-trend growth with a tighter fiscal and monetary policy." National Accounts data released by the ABS showed that productivity has grown at almost twice the average rate over the past decade and ...

Spirit Super member data exposed after security attack

ANDREW MCKEAN  |  MONDAY, 30 MAY 2022
... dates of birth, government identification numbers or any bank details. Spirit Super said it moved immediately to secure accounts and member data and assured that it is taking immediate precautions to strengthen its IT security. Some measures already ...

A mixed year for super: KPMG

ANDREW MCKEAN  |  MONDAY, 30 MAY 2022
... payments and the first stage closure of eligible rollover funds contributed to a 5% reduction in the number of member accounts. Member accounts fell from 22 million to 20.8 million. However, this was countered by recoveries in share markets and a 13% ...