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Showing 12521 - 12530 of 18278 results for "Plan"

Fortitude and Aurora merge to create $570m manager

MICHAEL HOBBS  |  TUESDAY, 4 MAY 2010
Hedge fund manager Fortitude Capital and Aurora Funds have signed a deal to merge - a move that will form a $570 million fund manager. Aurora employees will move over in the deal and John Corr, founder of Fortitude, will become chief investment officer ...

SG jump twice as bad as mining tax slug

ALEX DUNNIN  |  TUESDAY, 4 MAY 2010
... considered by workers to be wages and so employers are pressured to pay them over and above normal wages. "The Government plan to allow employers to pay this increase through a wage trade-off will be difficult to deliver in what is now a decentralised ...

Cavendish buys Bendzulla Actuarial

COMPANY RELEASE  |  TUESDAY, 4 MAY 2010
Cavendish Superannuation has bought actuarial and retirement services group, Bendzulla Actuarial. Bendzulla is a consulting actuarial practice headquartered in Hobart and services clients nationally. The firm has qualified actuaries resident in most ...

AMP seeks NZ regulator approval for AXA bid

PRESS STATEMENT  |  TUESDAY, 4 MAY 2010
AMP has applied to the New Zealand Commerce Commission for clearance to buy AXA Asia Pacific's Australian and New Zealand business. AMP's application will be scrutinised by the New Zealand commission to determine whether the acquisition would lower ...

Too clever by half

BENJAMIN ONG  |  TUESDAY, 4 MAY 2010
Thanks but no thanks! This is the Australian financial markets response to the government's response to the Henry Tax Review. BHP and RIO and other profitable miners are up in arms over Krudd's proposed 40 per cent tax on their "super profits." Investors ...

Market Wrap - Morning

AAP  |  TUESDAY, 4 MAY 2010
The Australian stock market has received a positive lead from offshore markets, with Wall Street closing higher and oil and gold prices firmer. At 0741 AEST on the Sydney Futures Exchange, the June share price index contract was 20 points higher at ...

Savings boost for GenX and GenY

MICHELLE BALTAZAR  |  MONDAY, 3 MAY 2010
... example, a young investor could be much better off if they complement the extra 'passive' savings with a comprehensive financial plan, rather than simply seek out a super fund with the lowest fees. "The impact of the correct asset allocation, taking ...

Govt unveils more super reforms

RUTH LIEW  |  MONDAY, 3 MAY 2010
... is the first part of the AIST policy platform - 15 per cent is still the longer term goal," she said. "At least there is a plan to reach that 12 per cent and we have said that we should have small incremental increases so that businesses and employees ...

Ord Minnett raises $600 million

MICHAEL HOBBS  |  MONDAY, 3 MAY 2010
Ord Minnett breaks away from its traditional stockbroking roots by expanding into term deposits, a move that raised more than $600 million in funds in the past six months alone. Tim Gunning, chief executive at Ord Minnett, has only been at the firm ...

Simple tax is too taxing

BENJAMIN ONG  |  MONDAY, 3 MAY 2010
If I didn't know better, I would think that the Australian Treasury Secretary's name is Henry Review instead of Dr. Ken Henry. Look around you...pick up a paper...click on a mouse, and you're sure to find Dr. Ken Henry Tax Review splattered across the ...