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Showing 81 - 90 of 5787 results for "Money"

Too much being asked of super trustees: Levy

ELIZA BAVIN  |  FRIDAY, 30 AUG 2024
... "If there is a product that is set up by the trustee and it turns out to be in some way flawed and people lose a lot of money, there is no remedy. That worries me a great deal." Levy said super trustees are already grappling with difficult legal obligations ...

E&P free of legacy issues, FUA jumps 26%

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... surface. There is so much more that needs to be unearthed, including what really went wrong at Dixon Advisory and how so much money was lost by clients in the E&P Financial Group's US Masters Residential Property Fund (URF). Getting to the bottom ...

Vale Greg Bright

JAMIE WILLIAMSON  |  TUESDAY, 27 AUG 2024
... says. "His advocacy for the financial services industry and its press was unmatched." When Rainmaker Information acquired Money magazine in 2019, the first celebratory email Page received was from Bright, offering his congratulations. Outside of publishing ...

Former adviser cops 12 years' imprisonment

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... by withholding information from his clients concerning the true nature of their investments. In some instances, he took money from their self-managed super funds (SMSFs) without their knowledge or consent. He advised his clients their money was in the ...

Heightened costs push young Aussies to plan ahead: HESTA

MATTHEW WAI  |  TUESDAY, 27 AUG 2024
... back on salary sacrifice contributions. Further, the study revealed that the top concern of retirement was running out of money, with most of those under 40 (68%) citing this, as well as 64% of the 40-54 cohort, and 51% for 55-plus. Women (65%) are also ...

BUSSQ fights back against regulatory imposition

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... the CFMEUQ - are made on commercial terms, aimed at maximising the value for our members. We don't waste members' money on sponsoring sporting teams or on TV advertising," Taylor said. "APRA are seeking to use licence conditions to force a review ...

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... credit facility. The Federal Court determined that the obligation to repay a digital asset wasn't an obligation to repay money and was therefore not a deferred debt. However, it did agree that a margin extension in a national currency created a deferred ...

SSGA takes 5% stake in Raiz

KARREN VERGARA  |  MONDAY, 26 AUG 2024
... 22. Raiz will undertake a share purchase plan to raise a further $2 million, also issued at $0.41 per share. Raiz said the money will be used to build out its artificial intelligence language model and for potential future mergers and acquisitions. It ...

Retirees not confident in Age Pension: Allianz Retire+

MATTHEW WAI  |  FRIDAY, 23 AUG 2024
... indicates a strong desire for education and advice to help achieve retirement goals and alleviate concerns about running out of money." According to the study, 28% of the participants have not yet developed a retirement plan tailored to a specific life ...

MA Financial eyes growth with Warburg Pincus, Flexicommercial

MATTHEW WAI  |  THURSDAY, 22 AUG 2024
... EBITDA fell 16% to $38.3 million. MA Financial pointed to investment for future growth, including the scaling of the MA Money platform as the major factor. Commenting, joint chief executives Biggins and Chris Wyke belive the two initiatives will "significantly ...