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Showing 1181 - 1190 of 1586 results for "Power50"

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 MAY 2011
The Australian market is expected to open higher on Tuesday after Wall Street closed flat overnight while European and Asian markets generally were higher. Oil and metals rose. On the ASX 24 at 0717 AEST, the June share price index futures contract ...

Super crime loophole to snap shut

ALISON BEVEGE  |  TUESDAY, 24 MAY 2011
The Federal Government wants the power to seize superannuation money that it says was funded by crime and is seeking to change the law. The rule change could affect millions of dollars worth of superannuation assets across the country. At present, superannuation ...

Advisers aim for independents over FOFA

ALISON BEVEGE  |  THURSDAY, 19 MAY 2011
Financial planners on the warpath over Future of Financial Advice (FOFA) reforms were given a crash course in political lobbying today by Shadow Minister for Financial Services Senator Mathias Cormann, who told them to target the independents. Speaking ...

Planners eye SMSF property

MATT WOODINGTON  |  THURSDAY, 19 MAY 2011
Industry associations are supportive of the trend for real estate firms and financial planners teaming up to target self managed super funds but are wary of the pitfalls. Self managed super fund trustees are increasingly adding property investments ...

Investor revolt threatens 30 fund managers

ALISON BEVEGE  |  WEDNESDAY, 18 MAY 2011
An action group of disgruntled investors are trying to remove the 30-member management team of Wellington Premium Income Fund. The unit-holder action group says it represents 27 per cent of the investors in PIF and has taken steps to convene a meeting ...

Market Wrap - Morning

AAP  |  MONDAY, 16 MAY 2011
... sector suffered a sell-off after the government hinted it may call on banks to waiver some debt terms for Tokyo Electric Power (TEPCO). The benchmark Nikkei index at the Tokyo Stock Exchange closed down 67.88 points at 9,648.77. HONG KONG - Hong Kong ...

Super problems to short-change retirees

ALISON BEVEGE  |  FRIDAY, 13 MAY 2011
Deep problems in the superannuation system meant Australians may not have enough money to provide for their retirement despite half-million dollar balances, an industry expert said today. In his keynote speech at the Morningstar Investment Conference ...

Bans hit bad planners: ASIC

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
Three financial advisers and a financial services firm are facing work bans and prosecution after separate ASIC investigations. A former financial adviser who fraudulently withdrew $600,000 from his clients' accounts has pleaded guilty in court to six ...

Budget bore

BENJAMIN ONG  |  WEDNESDAY, 11 MAY 2011
"We are on track for surplus in 2012-13, on time, as promised..." Pardon moi, but this to me is the only thing with a hint of significance in honourable Wayne Swan's - Australia's deputy PM and Treasurer - budget speech last night. It was a ho-hum Budget ...

Equities don't work in retirement

ALEX DUNNIN  |  TUESDAY, 10 MAY 2011
High equity weightings in accumulation superannuation are unsuited to retirement funds, presenting a big opportunity to life offices and super funds to create products that mimic the age pension. Jeremy Cooper, former head of the Superannuation System ...