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Showing 811 - 820 of 6145 results for "Money"

Life insurer claims under regulator watch

CHLOE WALKER  |  MONDAY, 12 DEC 2022
... life insurers to find and fix system problems and follow our remediation guidance to conduct a fair remediation and return money owed to customers in a timely way." ASIC's statement follows its recent joint letter with APRA, highlighting concerns over ...

PM Capital appoints distribution director

ELIZABETH FRY  |  FRIDAY, 9 DEC 2022
... Limited, founded in 1998 by its chief investment officer and chair Paul Moore, is a globally-focused fund manager that manages money on behalf of private clients, the clients of financial advisers and institutions.

Expand access to financial services: AUSTRAC

CASSANDRA BALDINI  |  FRIDAY, 9 DEC 2022
... natural disaster, gathering documentation before leaving is often not an option." It further explained under Australia's anti-money laundering laws, if a customer cannot produce standard identification documents such as a driver's licences or birth certificate ...

BlackRock implements ETF stock split

CASSANDRA BALDINI  |  WEDNESDAY, 7 DEC 2022
... "Ultimately, our iShares products all share one common goal: to help millions of Australian investors get the most out of their money in order to help them experience financial well-being," he concluded.

Pallas Capital, Credit Suisse launch NZ funding trust

CHLOE WALKER  |  MONDAY, 5 DEC 2022
... value of $27.4 million (NZ$29 million) since its launch a few days ago. According to Pallas, PFT NZ intends to lend this money on a range of pre-development loans, residual stock loans and investment property loans. It also expects that most of its loans ...

Hostplus defies inflation fears

ELIZABETH FRY  |  MONDAY, 28 NOV 2022
... principles. Peer review Despite the uncertain times, Sicilia is not looking to see what peers are doing. "We look at how much money we have today that is available to invest and where is the best place for us to invest today on a 10 or 20-year horizon," ...

Stop orders slapped on two Perpetual funds

JAMIE WILLIAMSON  |  FRIDAY, 25 NOV 2022
... medium, or high risk and return profile; with a 'medium' investment timeframe; and with a need to withdraw their money on a daily and weekly basis. The Pure Microcap Fund invests solely in Australian microcap stocks, which experience high price ...

Super fund reporting requirements 'a dog's breakfast'

ANDREW MCKEAN  |  THURSDAY, 24 NOV 2022
... said: "Transparency has been key to increasing the discipline on trustees to ensure they are always managing members' money in their best interests." Specifically, he cited that the transparency afforded by APRA's heatmaps and the performance ...

The challenge of articulating value of ongoing advice

CHLOE WALKER  |  WEDNESDAY, 23 NOV 2022
... clients don't really require financial advice at all, but that's why ongoing fees are charged. "One bloke pays me a lot of money as his insurance policy against arrogance and stupidity, because he's far smarter than me," Win joked. "He's very ...

New rules on the way for BNPL sector

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2022
... government would also look to improve users' financial literacy, with greater educational content on the Moneysmart website, Money Managed website, and through Commonwealth Financial Counselling. Further, the ASIC funding model would need to be extended ...