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Showing 861 - 870 of 6228 results for "Money"

Advice firm launches Sharia-compliant platform

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
... the moment those with smaller lump sums are shut out from investing in Islamic compliant portfolios. And because putting money in interest generating accounts is forbidden for Muslims, they have limited options apart from just letting money sit there ...

Chalmers' promise to end super wars foiled by criticism

ANDREW MCKEAN  |  THURSDAY, 2 MAR 2023
... an interview with Sky News, Dutton expressed that he believed that Australians' superannuation is their hard-earned money, and that the basic principle of the system should be to protect their investments if they've followed the law. "I don't ...

SMSF sector hit the reset button: Research

CHLOE WALKER  |  TUESDAY, 28 FEB 2023
... benefits are paid. In 2017 just 14% were paid as lump sums, but this ratio has tripled to 42% in 2022, it said. The amount of money being transferred into and out of the SMSF sector has also held up, even increasing slightly. Last year, the value of ...

ASIC bans mortgage broker for eight years

KARREN VERGARA  |  MONDAY, 27 FEB 2023
... has been banned from working in financial services for eight years. Christine Betty Childs, who was the director of Think Money and Think Money Wealth Through Property, both of which are now in external administration, recommended clients invest in property ...

Unlicensed investor pleads guilty to fraud charges

CHLOE WALKER  |  FRIDAY, 24 FEB 2023
... Orb Global Investments chief executive Akhilesh Kamkolkar has pleaded guilty to charges relating to $1 million of investor money he spent for himself. A further two offences of carrying on a financial services business without a licence will also be ...

New front in super wars, stability at risk: Opposition

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
... Treasurer argues that superannuation should be used for nation building, he doesn't just misunderstand that it's not his money, he fundamentally misunderstands how the economy works," he said. "Arguments that super is not doing enough, by delivering ...

Perpetual profits halve post-Pendal deal

CASSANDRA BALDINI  |  THURSDAY, 23 FEB 2023
... that we were attracted to." One analyst noted that paying a 25 to 40% premium for control is a very significant amount of money. They replied: "Ultimately it was the judgement of the board's that that was the only way that the businesses would come ...

Link due to settle defunct Woodford fund with FCA

KARREN VERGARA  |  MONDAY, 20 FEB 2023
... Income Fund. The case has dragged on since 2019, when fundie Mark Woodford went on YouTube to apologise to investors, whose money was trapped in the fund as it faced liquidity issues. Link announced to the ASX today that its UK business Link Fund Solutions ...

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
... to use their super to buy their own homes is a more "dignified" use of their funds, rather than have super funds use the money to buy properties that individuals then rent. He also claimed that early access to super can be a dignified solution for those ...

Women the future of advice: Netwealth

CASSANDRA BALDINI  |  MONDAY, 13 FEB 2023
... building exercise, whereas 45% wanted to generate an additional income stream, 34% wanted somewhere other than the bank to keep money and 31% wanted to leave something for their family. Another trend highlighted is 64% of women prefer to invest in more ...