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Court finds former superannuation trustee Tidswell Financial Services failed to act efficiently, honestly and fairly

Date Time Court finds former superannuation trustee Tidswell Financial Services failed to act efficiently, honestly and fairly On 27 July 2021, the Federal Court made declarations that Tidswell Financial Services Ltd (Tidswell), failed to act efficiently, honestly and fairly when providing financial services. The Court found that between 30 November 2016 and 14 February 2018, while it was a superannuation trustee, Tidswell: failed to adequately monitor MobiSuper Pty Ltd (Mobi), the promoter one of its superannuation sub-funds, to ensure business model risks were addressed, including prevention of false or misleading representations and the risk of giving unauthorised personal advice; and failed to comply with Prudential Standard SPS 231 Outsourcing as issued by the Australian Prudential Regulation Authority (APRA).

Liberty Financial Lender Shares Insights Into Paying Off Home Loans Faster

Liberty Financial Lender Shares Insights Into Paying Off Home Loans Faster ACCESSWIRE 27 Jul 2021, 08:19 GMT+10 MELBOURNE, AUSTRALIA / ACCESSWIRE / July 26, 2021 / Paying a home loan off early can reduce the financial burden that comes with repaying a loan and can help borrowers to enjoy a debt-free lifestyle sooner. Actions such as making extra repayments and setting up an offset account can help borrowers to pay off their There are few disadvantages to paying off a home loan early, as reducing debt is generally a smart financial decision. But it s not necessarily the right path for all borrowers. While paying extra each month will reduce the time it takes to pay off a mortgage, not everyone can afford to overpay.

Liberty Financial s Indicative Pre-Approval Tool Makes Home Loans More Accessible

Liberty Financial s Indicative Pre-Approval Tool Makes Home Loans More Accessible ACCESSWIRE 23 Jul 2021, 08:05 GMT+10 MELBOURNE, AUSTRALIA / ACCESSWIRE / July 22, 2021 / Properties are selling faster than ever in the current property market, which means buyers need to move quickly when applying for home loans. Fast home loan approval is vital and can deliver a valuable edge over other buyers. The speed at which home loans receive approval comes down to a range of factors and differs between lenders. However, gaining indicative pre-approval from a free-thinking lender, such as Liberty, is a quick and easy way to fast-track full home loan approval. While pre-approval doesn t guarantee full approval of a home loan application, the process can provide some peace of mind and help give buyers an idea of what they can afford. Seeking this type of pre-approval before going house hunting is a smart first step.

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