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Showing 10451 - 10460 of 20558 results for "BEN"

SMSF flexibility makes them error prone

ALEX DUNNIN  |  FRIDAY, 16 MAY 2014
Self-managed super funds not being required to report to their members is one of the reasons these funds are vulnerable to compliance problems. Speaking at this week's Financial Services Technical Services forum, AMP SMSF Administration head of technical ...

Market Wrap AM

AAP  |  FRIDAY, 16 MAY 2014
The Australian share market is set to fall after weak earnings from US retail giant WalMart contributed to a sharp drop on Wall Street. At 0800 AEST on Friday, the March share price index futures contract was down 29 points at 5,496. In local economic ...

Moving on up

BENJAMIN ONG  |  FRIDAY, 16 MAY 2014
"Movin' on up Nothing can stop me Moving on up" - M People The Philippines has not made international headlines since Super Typhoon Haiyan wrought severe destruction in the country on 8 November 2013. To this day, rebuilding of infrastructures, homes ...

Advisers turn budget into opportunity to engage

LAURA MILLAN  |  THURSDAY, 15 MAY 2014
Tech savvy financial planners have turned fears around the 2014/15 federal budget cuts into an opportunity to highlight the value of advice and engage with their clients on social media. The government's warnings before the release of the 2014 budget ...

Low income retirees to feel budget pain

JAMES FERNYHOUGH  |  THURSDAY, 15 MAY 2014
Pensioners on low incomes will be significantly worse off under the changes announced in Tuesday's budget, according to Pauline Vamos, chief executive of the Association of Superannuation Funds of Australia (ASFA). Speaking at ASFA's post-budget briefing ...

Govt needs six votes to pass pension changes

JAMES FERNYHOUGH  |  THURSDAY, 15 MAY 2014
The government will need six cross bench votes in the Senate if it is to pass its proposed changes to the Age Pension. The government has proposed lifting the pension age to 70 by 2035, and indexing it to inflation rather than wages. The Coalition will ...

IOOF awards $115m global equities mandate

MARK SMITH  |  THURSDAY, 15 MAY 2014
IOOF has appointed State Street Global Advisers (SSgA) to manage a $115 million active global equities strategy as part of its IOOF MultiMix suite of multi-manager superannuation funds. The mandate was awarded to SSgA's Global Managed Volatility Alpha ...

BOE qualifies for World Cup

BENJAMIN ONG  |  THURSDAY, 15 MAY 2014
Anything you guys can do, I can do better... If the Fed, BOJ, ECB and PBOC could do it - forward guiding markets that monetary policy would remain easy (easier next month in the case of the ECB) - why couldn't the BOE? Yes it could! By most indications ...

Market Wrap AM

AAP  |  THURSDAY, 15 MAY 2014
The Australian market looks set to open flat following the federal budget's release, despite a positive lead from Wall street where both the Dow Jones and S&P 500 reached fresh record highs. At 0915 AEST on Wednesday, the March share price index futures ...

Commonwealth Bank profits boosted by investment performance

MARK SMITH  |  WEDNESDAY, 14 MAY 2014
Strong investment performance has contributed to an almost 16% rise in third quarter cash profit for Commonwealth Bank. The bank reported unaudited cash earnings of $2.2 billion for the three months to 31 March. Statutory net profit for the same period ...