Search Results | Showing 1 - 10 of 41 results for %22ASIC MoneySmart%22 |
| | ... educational content on the Moneysmart website, Money Managed website, and through Commonwealth Financial Counselling. Further, the ASIC funding model would need to be extended to account for regulating the sector and, as recommended previously by the ... |
| | | Corporate regulator ASIC is being urged to take more action with respect to the collapse of the Sterling Income Trust. A senate committee that recently handed down its final report in its inquiry into the collapse of the Sterling Income Trust is urging ... |
| | | ... Fund, a $5 billion fund which invests in Australian mortgages, cash and other credit instruments. The penalty comes after ASIC accused La Trobe of advertising including statements that any capital invested in the fund would be 'stable'. The regulator ... |
| | | ... referred to AIA Financial Wellbeing. Those who do not wish to move over to AIA are being advised to check ASIC's MoneySmart website to search for a financial adviser. CBA branches will also be suggesting AIA Financial Wellbeing to customers looking ... |
| | | ASIC has banned the sale of binary options to retail clients, effective from 3 May 2021. The decision comes after ASIC found that binary options have resulted in significant losses for retail clients. In 2018, ASIC estimated that net losses from retail ... |
| | | ASIC has commenced proceedings, seeking a civil penalty against La Trobe Financial, but the latter plans to fight the claims. The regulator has taken issue with La Trobe Financial's 90 Day Notice Account and Classic 48 Hour Account. The two funds ... |
| | | APRA and ASIC have published the latest data on life insurance claims and disputes, demonstrating the difference financial advisers make when it comes to TPD and trauma claims. ASIC's MoneySmart life insurance claims comparison tool has been updated ... |
| | | The House of Representatives Standing Committee on Economics scrutinised ASIC over its SMSF fact sheet in a public hearing reviewing the 2019 ASIC Annual Report. ASIC's SMSF Fact Sheet published last year outlined that the average cost of running ... |
| | | ... that an early withdrawal of $20,000 by a 30-year-old could mean missing out on $97,214 in retirement. Meanwhile, ASIC MoneySmart said $20,000 for a 30-year-old might amount to $43,000 by retirement and Super Consumers Australia put the figure at just ... |
| | | ... calculator on their public website. "Of the funds that do, about one fifth of those redirect the member to ASIC's MoneySmart calculator instead, losing the opportunity to engage their members," Rice Warner said. It warned the next 12 months pose ... |
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