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Showing 12661 - 12670 of 18145 results for "superannuation"

Too clever by half

BENJAMIN ONG  |  TUESDAY, 4 MAY 2010
... be ex-employees if these "institutions" take a boat and seek refuge somewhere else. And the planned increase in superannuation contributions that looked attractive at first glance looked like an old hag the morning after. You only get a rise in your ...

Savings boost for GenX and GenY

MICHELLE BALTAZAR  |  MONDAY, 3 MAY 2010
... extra $108,000 over their lifetime. Foster said that the new rules will help younger investors get $50,000 in their superannuation account balance faster than their predecessors. "$50,000 is a psychological number. People with less than $50,000 tend ...

Govt unveils more super reforms

RUTH LIEW  |  MONDAY, 3 MAY 2010
The Rudd Government hopes to boost national retirement savings by raising the superannuation guarantee from 9 to 12 per cent - a move that drew a mixed response from the industry. The Government announced it would raise SG to 12 per cent from 2013 ...

Simple tax is too taxing

BENJAMIN ONG  |  MONDAY, 3 MAY 2010
... cent Resource Profits Tax; the lowering of the company tax rate; concessions to small businesses, and; increasing superannuation contributions. By now you would have read about the pros and cons to the government's response and its proposals. There certainly ...

MLC launches high income protection

MICHELLE BALTAZAR  |  FRIDAY, 30 APR 2010
... their home) stands at nearly 130,000 with total wealth of $408 billion - equivalent to a third of the size of the superannuation industry - based on the latest Merrill Lynch/CapGemini wealth report. But while many Australians earn more relative to their ...

Asteron leaves KiwiSaver market

COMPANY RELEASE  |  FRIDAY, 30 APR 2010
Asteron is pulling out of the New Zealand KiwiSaver market. The firm is winding up its KiwiSaver Scheme at the end of May, which had more than 6,000 members with approximately $33 million in funds under management (FUM). The decision to withdraw from ...

Cooper wants collectables banned from SMSFs

MICHAEL HOBBS  |  THURSDAY, 29 APR 2010
SMSFs should be banned from including collectables and 'personal use' assets into their fund and will be subject to tougher penalties if they break the rules, according to the preliminary recommendations of the Cooper Review released today.In the SMSF ...

CalPERS fights BoA directors election

COMPANY RELEASE  |  THURSDAY, 29 APR 2010
One of the biggest pension funds in the US, CalPERS, has opposed the re-election of six Bank of America directors who failed to fully disclose the true financial condition of Merrill Lynch before the controversial merger in September 2008. CalPERS will ...

LUCRF Super appoints global eq managers

COMPANY RELEASE  |  THURSDAY, 29 APR 2010
Industry fund LUCRF Super has appointed Arrowstreet Capital LP, MFS Investment Management and DFA Australia (Dimensional) as its new international equity managers. The appointments follow the fund's international equity review, which is part of an overall ...

Don't put all eggs in China basket: Gonzalez

MICHAEL HOBBS  |  THURSDAY, 29 APR 2010
... buy the China story, and it is a real one, there's a risk we could be multiplying our bets through investments, superannuation and employment. They may be leveraging the same story but unaware of it," he said at the Morningstar Investment Conference. ...