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Showing 11941 - 11950 of 18138 results for "superannuation"

Budget tweak to SMSF rules

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
... tweak, an industry expert said today. Self-managed fund expert Tim Miller, head of technical services for Cavendish Superannuation, said a little-known anomaly in the laws governing superannuation funds had been fixed. Until now, children were unable ...

UniSuper to shed mandates

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
Higher education superannuation fund UniSuper has topped the league tables for holding the most mandates in 2010 according to Rainmaker's latest Mandate Chaser report. But that is a bad thing, said John Pearce, chief investment officer of UniSuper ...

Budget 2011: "Benign" Budget a relief for finance sector

ALISON BEVEGE  |  WEDNESDAY, 11 MAY 2011
... below financial crisis levels," he said. The Government announced it would establish tax incentives to encourage superannuation and private sector investment of up to $25 billion for infrastructure projects deemed of national significance. Brogden said ...

Macquarie top mandate catchers

ALISON BEVEGE  |  WEDNESDAY, 11 MAY 2011
... one in international fixed interest and four in alternatives. The biggest, awarded by Commonwealth Bank Officers' Superannuation Fund, was for $506 million, Rainmaker said. It went to Australian equities. But though Macquarie won the most new mandates ...

Budget 2011: CGT tax to restrict super trading

MATT WOODINGTON  |  WEDNESDAY, 11 MAY 2011
The government has moved to prevent superannuation funds, including SMSFs, from aggressively trading shares by making any resulting gains and losses subject to capital gains tax. The removal of the exception for super funds trading stocks, primarily ...

Noonan takes ACSI presidency

MATT WOODINGTON  |  WEDNESDAY, 11 MAY 2011
Media Super chairman Gerard Noonan has been appointed as the new president of the Australian Council of Superannuation Investors (ACSI). Noonan will be supported by incoming deputy president Trish Donohue, who is executive manager of investments for ...

China's HNWs hold $1.2tr

ALEX DUNNIN  |  WEDNESDAY, 11 MAY 2011
... is now advancing so quickly that its high net worth sector is already worth almost as much as Australia's entire superannuation market but growing four times faster. According to research just released by global consultant Bain & Company, there are now ...

Trio compo draft regulations released

ALISON BEVEGE  |  TUESDAY, 10 MAY 2011
Superannuation funds have until next Monday to have their say on regulations governing the levy to raise $55 million in compensation for victims of the Trio Capital fraud. Funds will be exposed to a maximum impost of $500,000 down to a minimum of $50 ...

NGS Super merger too late for tax relief

MATT WOODINGTON  |  TUESDAY, 10 MAY 2011
... combined $4.4 billion fund. The optional capital gains tax (CGT) roll-over for capital losses for mergers of complying superannuation funds expires on September 30. "The impacts of missing the deadline should not be major if the markets continue to be ...

Planners make their budget wishes

ALISON BEVEGE  |  TUESDAY, 10 MAY 2011
... contributions cap should be $100,000 for all those aged over 50, not just those with less than $500,000 in their superannuation. "Excess contributions penalties affect people who accidentally move above $500,000 due to market fluctuations," he said. ...