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Showing 81 - 90 of 547 results for "Term Deposit"

Mawhinney appeals 20-year ban

ELIZABETH MCARTHUR  |  MONDAY, 11 APR 2022
... via Google search advertising, when potential investors searched for terms such as 'bank term deposits' and 'best term deposit'. In December 2021, the court ordered Mayfair Wealth Partners to pay a $10 million penalty, M101 Holdings to pay $8 million ...

NGS closes socially responsible option

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
The $14 billion industry fund, NGS Super, has made some changes to investment options - including closing its socially responsible option - and altered fees. NGS is closing its Socially Responsible Diversified option to new members from 20 April 2022. ...

ASIC scrutinises managed fund marketing

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 MAR 2022
... was part of ASIC's case against Mayfair, with the regulator accusing it of buying Google Adwords for terms such as "term deposit" in marketing its debenture products - which could give consumers a false impression that the debenture products carried ...

SMSF sector grows 11%: ATO stats

JAMIE WILLIAMSON  |  TUESDAY, 22 FEB 2022
The latest annual figures from the ATO show the SMSF sector bounced back from the horrors of COVID-19 to add $80 billion in the year to 30 June 2021. Releasing data today, the ATO said total assets in SMSFs hit $822 billion at 30 June 2021. This is ...

Mantis in new distribution partnership

JAMIE WILLIAMSON  |  MONDAY, 7 FEB 2022
Mantis Funds is now working with Aussie TEP Management to provide local investors with access to a managed fund of traded endowment policies. Aussie TEP Management has entered a distribution partnership with Mantis Funds for its Aussie TEP Fund, which ...

Mayfair 101 files new appeal

ELIZABETH MCARTHUR  |  TUESDAY, 25 JAN 2022
Mayfair 101 has confirmed it will appeal the 2021 Federal Court decision that found its advertising misled and deceived investors. The notice of appeal was filed on the same day Mayfair was fined $30 million for the misconduct. Mayfair's appeal claims ...

Federal Court fines Mayfair $30m

CHLOE WALKER  |  THURSDAY, 23 DEC 2021
... via Google search advertising, when potential investors searched for terms such as 'bank term deposits' and 'best term deposit'. In response, Mawhinney's lawyers accused ASIC of a 'trial by media'. Mawhinney has continued to defend himself through widely ...

Investors demand credible climate information

ANNABELLE DICKSON  |  MONDAY, 13 SEP 2021
Retail investors would have greater confidence in sustainability information it was subject to independent assurance, new research shows. The Chartered Accountants Australia and New Zealand (CA ANZ) Investor Confidence Survey recorded 87% of investors ...

SMSF establishments soar

ANNABELLE DICKSON  |  MONDAY, 6 SEP 2021
The popularity of self-managed superannuation funds (SMSFs) is on the rise with increased establishments and fewer wind ups in the year to June end, data from the ATO shows. There are currently 597,900 SMSFs with 1.1 million members. Throughout the ...

Super fund reduces fees

JAMIE WILLIAMSON  |  MONDAY, 23 AUG 2021
... from $2000. The fund is also reducing investment fees on most of its options by 0.01%. The fees charged on cash and term deposit remain the same. ACSRF chief executive Greg Cantor said it's about putting members first. "Our goal is to help our members ...