Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 831 - 840 of 9451 results for "Made"

Court freezes assets of company director

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
The Federal Court has made orders to freeze the assets of company director David McWilliams and numerous companies associated with him that offered investment opportunities in purpose-built, NDIS-compatible property development schemes. McWilliams and ...

Fed cut will not move the dial for RBA

ELIZA BAVIN  |  FRIDAY, 20 SEP 2024
... hand, the private sector continued to weaken," Kingston said. James Morley from The University of Sydney said the RBA has made it clear that it is unlikely to cut rates until 2025 unless there is a material change to their forecasts of inflation and ...

ASIC sees case against Rest thrown out

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... initiated civil penalty proceedings against Rest in March 2021, claiming that from March 2015 to May 2018 the super fund made representations that discouraged, delayed, and or prevented more than 31,000 members when they sought to transfer their funds ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... penalties will be applied by the ATO, comprising: A general interest charge that will continue to accrue daily until payment is made and will also apply to any outstanding administrative levies not paid An SG charge payment penalty, which will be an ...

Hanson backs Dixon Advisory inquiry

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024
... cover administration and insolvency issues and potential implications for future matters. "The financial advice profession is made up of thousands of small businesses right across the country, helping Australians achieve their financial goals. We do ...

Investment boutique calls time after seven years

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... month, Perpetual - as responsible entity of the funds - informed investors that after much deliberation, the decision has been made to terminate both offerings. For both funds, Perpetual said Wheelhouse had conducted an extensive review and determined ...

Lost super bill sits at $18bn: ATO

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... whereas 38% belongs to women. As for unclaimed super currently held by the ATO, this totals $5.98 billion. The bulk of this is made up of small or insoluble member accounts, inactive low balance accounts, and amounts owed to former temporary residents. ...

MLC Super to slash admin fees for members

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... where cost of living pressures are affecting many." MLC said it will also reduce investment fees and costs for most ready-made investment options from October 1, with total investment fees and costs on the MySuper option to drop from 0.91% to 0.81%. ...

AMP BOLR litigants face lengthy payout process

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... for me or different to me'," he said. Once that is all agreed upon and there are no further disputes, the payments will be made. Macdonald expects that the entire process will finalise either in March or June of next year. Some 475 group members took ...

Pre-retirees expect less reliance on Age Pension: Investment Trends

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... investments. Retirees also rely on their partners' super (9%), and savings and investments (4%) for financial support. The rest is made up of rent from property (5%), equity release from the family home (9%), and other (8%). "There's a clear gap ...