Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11331 - 11340 of 18137 results for "superannuation"

CGT relief paves way for super mergers

MELANIE TIMBRELL  |  TUESDAY, 24 APR 2012
Merging superannuation funds will receive capital gains tax relief in the upcoming Budget, opening the way for the finalisation of a raft of proposed mergers, particularly in the not-for-profit superannuation space. Minister for Financial Services and ...

ASIC bans adviser following fraud conviction

BEN COLLINS  |  TUESDAY, 24 APR 2012
... Papaioannou withdrew, without authorisation, funds totaling $226,881.44 from several of his clients' self-managed superannuation funds. Papaioannou has the right to appeal to the Administrative Appeals Tribunal for a review of ASIC's decision.

Industry rejects changes to super tax

MELANIE TIMBRELL  |  MONDAY, 23 APR 2012
Superannuation industry bodies have launched strident opposition to leaks revealing superannuation tax concessions will be impacted by the Government return to surplus. Tax concessions currently cost Treasury in the order of $30bn each year, with Labor ...

Speculation grows on super tax breaks

ALEX DUNNIN  |  FRIDAY, 20 APR 2012
... its cult of welfare entitlement, speculation is rising the government is considering a clampdown on untargeted superannuation tax concessions. On Wednesday night on ABC's Lateline program he said, "We are all living longer, and the longer we rely on ...

Perpetual launches super wrap offer

ELISE BURGESS  |  THURSDAY, 19 APR 2012
... "Super Wrap is a critical first step in reaching this goal, and complements our current offering by providing a superannuation service designed exclusively for Perpetual Private clients."

BNP Paribas wins AvSuper mandate on tech

MELANIE TIMBRELL  |  WEDNESDAY, 18 APR 2012
... Director of BNP Paribas Securities Services Australia & New Zealand said, "we are delighted to have won this business. Superannuation funds are currently facing changing market dynamics, coupled with increasing demand for systems and increased operational ...

Default super in modern awards justified: Cbus

MELANIE TIMBRELL  |  MONDAY, 16 APR 2012
... construction industry used its submission to the current enquiry on the selection and ongoing assessment of default superannuation funds to argue that default funds should be those best able to meet the unique needs of both employers and employees covered ...

Report assesses super allocation issues

ELISE BURGESS  |  MONDAY, 16 APR 2012
New Rice Warner research has assessed the current super industry's allocation position, including the issues around equity allocation, concluding that the traditional asset allocation is flawed. In its April report, Asset Allocation for MySuper, Rice ...

Calls for CGT merger relief

ELISE BURGESS  |  FRIDAY, 13 APR 2012
Lack of clarity around the Government's intention for providing capital gains taxation relief for superannuation mergers is damaging members and limiting MySuper outcomes, according to AustralianSuper and ASFA. With the rising trend of super fund mergers ...

YBR launches savings fund

ELISE BURGESS  |  FRIDAY, 13 APR 2012
... yielded better total returns than global shares with substantially lower risk of loss." YBR said that it was time superannuation funds fix their volatile asset-allocations and increase holdings of cash, floating-rate notes, and fixed-rate bonds. "With ...